Production of Steel Mill Plant By Parco Group, Nigeria

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African Industries Group one of the best steel leading company of Nigeria.African Industries manufactured steel, Chemicals,Non ferrous materials and Glass.

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Production of Steel Mill Plant By Parco Group, Nigeria:

Production of Steel Mill Plant By Parco Group, Nigeria

Slide2:

The Emerging Africa Infrastructure Fund engaged US$20 million of debt to this huge project that includes the construction, development, and operation of a steel mill. This plant will have a capacity of 225,000 tons per year and would transform local scrap into bars reinforced by steel. Such bars are called rebars and the plant will be situated at Ogun State in Ogijo . This plant will be owned by the national government but operated by Parco Group through African Foundries Limited.

Slide3:

In order to provide to the plant independent and stable electrical supply, the project includes also an independent power plant using gas with a capacity of 40MW. Generators of high quality will supply power to the plant that will have the ability in the future to supply additional power to the national network . The plant will use the natural gas of the country and this gas would be otherwise exported or flared while the Nigerian Gas Cooperation will supply the gas on site along through its operational gas station.

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