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Dangote Constructs a Steel Mill in Lagos

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Project Overview Dangote Group based in Nigeria, in cooperation with Meacon, an India based consultancy firm, initiated construction of a steel mill in Lagos in February 2005. The first phase of the project was planned to be accomplished in 15 months from the date of inception, and would have an annual capacity to produce 500,000 metric tons per year of reinforcement steel bars, wire rods and billets. The plant shall use imported iron ore for producing sponge iron. In addition, a ship breaking plant was also being constructed simultaneously to supply raw material to the plant. Specifications Project Name Dangote Group Steel Mill Promoters Meacon, an India based consultancy firm Location Lagos Commencement 2005 Capacity 500,000 metric tons of reinforcement steel bars, wire rods and billets Project Name Dangote Group Steel Mill Location Lagos, Nigeria Commence 2005 Completion 2005 Estimated Investment 2005 Capacity 500,000 metric tons of reinforcement steel bars, wire rods and billets Key Players Meacon, an India based consultancy firm

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