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Ajaokuta Steel Company Limited (ASCL) popularly known as Ajaokuta Steel Mill is a steel mill in Nigeria, located in Ajaokuta, Kogi State, Nigeria. [1] Built on a 24,000 hectares (59,000 acres) site starting in 1979, [ 1 ] it is the largest steel mill in Nigeria, and the coke oven and by-products plant are larger than all the refineries in ...
As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
The iron and steel industry in Nigeria started by government intervention through the construction of various steel rolling mills. After iron ore deposits were discovered in old Kwara State in the 1950s, the Nigerian First Republic government began active planning and mapping of strategies for local production of iron rods and steel. However ...
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
Rourkela Steel Plant (RSP), is a public sector, integrated steel plant in Rourkela, Odisha state, India. It was established on 3 February 1959 with the help of West German industrial corporations on approximately 19,000 acres of land acquired from tribal inhabitants.
Ajaokuta is a Local Government Area in Kogi State, Nigeria and a town within it on the left bank of the Niger River. The headquarters of the LGA are in the town of Egayin in the south of the area at 6°40′11″N 8°48′19″E / 6.66972°N 8.80528°E / 6.66972; 8.
The supply chain crisis is a major contributing factor in the 2022 United States infant formula shortage, [14] the tampon shortage [15] and various drugs shortages. [16] [17] In December of 2022, it was reported that global demand for commercial jet aircraft far exceeded supply, with Jefferies Group reporting a backlog of 12,720 aircraft.
Nigeria was the fifth biggest seller of crude oil and third biggest seller of LNG after Qatar and UAE in year 2020 to India.In year 2020-2021 USA stood second after Iraq as the biggest seller of crude oil to India. Indian exports to Nigeria are Pharmaceuticals, automobiles, cars, iron and steel, rice, plastics, clothes and fabrics, engineering ...