Slide of the month (SOTM) June. Steel consumption in sub-Saharan Africa with growth of more than 7%

Steel market in Africa

The slide of the month June shows a continuous growth of more than 7% in steel consumption in Africa. This offers great opportunities to steel trading companies, companies who supply equipment to steel companies and most importantly it shows the growth on infrastructure in Africa. The largest markets are South Africa, Nigeria and Kenya in sub-Saharan Africa. africon GmbH has been working lately with focus on the steel industry and should you have questions on the markets in Africa please do not hesitate to contact us.

To help German small and medium-sized enterprises (the “Mittelstand”) enter the African markets, the BRS [...]