14,311.19 TRY BIST 100 BIST 100
52.67 EUR EUR EUR
45.05 USD USD USD
6.63 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Kenya to build a steel plant in Mariakani, Kwale County with support from Devki Group

Kenya plans to build a KES 50 billion steel mill in Mariakani, Kwale County, with Devki Group's support, aiming to create 1,000 jobs and export steel.

Kenya to build a steel plant in Mariakani, Kwale County with support from Devki Group

Kenya has launched construction work for a KES 50 billion steel mill in Mariakani, Kwale County, with the support of Devki Group.

The mill, expected to be the second largest in Africa after the South African Iron and Steel Industrial Corporation, will create 1,000 jobs and have an annual production capacity of around 500,000 tons of steel used in construction and manufacturing. The mill could also export to neighboring countries, as Kenyan steel imports are estimated at around KES 80 million, mainly from China.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

U.S. Steel announces $1.9 billion investment in new DRI facility

Thursday, April 30, 2026

China expands zero-tariff policy for African countries

Thursday, April 30, 2026

Steel Net Forum Iberia brought the steel industry together in Santander

Thursday, April 30, 2026

Tosyali Algerie strengthens its role in Algeria’s automotive industry

Thursday, April 30, 2026

China’s steel sector total profit declined by 5.1% in the first quarter

Wednesday, April 29, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now