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China's Stellar Steel to invest $450 million in new steel plant in Nigeria-緊固件展-彈簧展-線材展-2026第二十六屆廣州國際緊固件彈簧及線材展覽會-巨浪展覽-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
10/28/2025 緊固件展-彈簧展-線材展-fastener expo-wire expo-spring expo |
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Stellar Steel Company Limited, a subsidiary of China''s Galaxy Group and RSIN Group, wil establish a $450milion steel manufacturing facility in Ogun State, Nigeria, according to a statement from Governor AdedapoOluseun Abiodun.
The project underscores growing Chinese investment in Africa''s steel sector, which aims to reduce importdependency and strengthen domestic production capacity.
Construction progress and project timeline
According to You Xiaotan, vice chairman of RSlN Group,site levelling and foundation works have already beencompleted. The plant is also on track to begin operationsby mid-2026.
Once operational, the facility will produce hot rolled coil(HRC) steel, iron steel doors, and gas cylinders. Thisoutput will help reduce Nigeria''s reliance on importedsteel products.
Governor Abiodun emphasized that the project reflectsOgun State''s role as Nigeria''s industrial hub, noting that every new investment enhances employmentopportunities, productivity, and regional prosperity.
緊固件展-彈簧展-線材展-2026第二十六屆廣州國際緊固件彈簧及線材展覽會-巨浪展覽-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
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