AfricaNigeria Signs $1.3 Billion Deal to Restart Delta Steel Production
Nigeria signs a $1.3 billion agreement to revive Delta Steel, targeting one million tonnes of annual liquid steel capacity and commercial production within 18-24 months.
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AfricaNigeria signs a $1.3 billion agreement to revive Delta Steel, targeting one million tonnes of annual liquid steel capacity and commercial production within 18-24 months.
AfricaSouth Africa’s base metal export value fell in January–April 2026 amid weaker global demand, trade pressures, and softer market conditions.
AfricaSouth Africa increases steel import duties up to 30% to protect local producers, covering flat steel, alloy steel, pipes, fittings and rebar.
AfricaSouth Africa has imposed final antidumping duties on structural steel imports from China and Thailand, raising protection for local producers and tightening market access for key construction-grade steel products.
AfricaJingdong Steel’s $500 million Algeria steel plant has reached 60% completion. The M’sila facility targets 500,000 tpa across steel sheets and pipes, with 50% output aimed at exports
AfricaSouth African steel processors are in discussions with the IDC on a proposal involving ArcelorMittal South Africa. The talks could reshape local ownership, protect supply chains, and support mining and automotive steel demand.
AfricaSouth Africa’s trade authority proposes new steel import duties to counter rising imports and protect local producers, citing an urgent need for safeguard measures.
AfricaSouth African exporters face 30% U.S. tariffs starting August 1. Government responds with Export Support Desk and relief plan to help industries find new markets.
AfricaKumba Iron Ore, a major producer of iron ore, has announced positive financial results for 2023, with higher net profit and sales revenues compared to the previous year. This news indicates a strong performance by the company in a challenging economic environment.
AfricaTosyali Algerie, a prominent steel producer in Algeria, has recently inaugurated its second Direct Reduced Iron (DRI) production unit. This expansion marks a significant milestone for the company, further solidifying its position in the regional steel market.
AfricaThe price of oil, which is important for many things like making gasoline for cars and heating homes, went up a little bit because there was little progress in talks about peace in Gaza.
AfricaZambia wants to talk about getting more of the ownership of new mining projects. This means they want to own more of the mines. Zambia's president said they would talk about this with the mining companies.