31 May 2018

Nigeria: Stakeholders Hail Improved Capacity in Steel Production

The Institution of Structural Engineers has endorsed African Foundries Limited's (AFL) capacity to meet Nigeria's demand for steel products.

The executives who visited the plant said they were amazed to see African Foundries Limited fully automated, noting that AFL quality standards are very high and that they witnessed the testing procedures, which were very stringent.

The endorsement, the institute said was as a result of the company's proven track record of churning out quality and durable steel products that have continued to surpass consumer's expectations, maintaining that it is no surprise AFL is the number one choice for industry giants in the steel industry.

The president of the Institute, Eddy Atumonyogo, during a facility tour of AFL's factory said: "Based on what we have seen, we will let our members know.

We have been specifying your Tiger brand for quite some time now and most of the industry giants in the steel industry have also confirmed the quality of your brands.

I am sure this will not be the end of collaboration between the Institute and AFL. We have a lot of programmes where I can give you visibility when we have our conferences for you to tell us more about your brands."

He acknowledged the fact that the company has the capacity to meet the nation's demand for steel products, after listening to a presentation that illustrated the fact that the company's installed capacity has been improvised to about 500,000 metric tonnes per annum.

On his part, Secretary of the Institute, Bright Ukponu, stated that the company has bridged the demand and supply gap for steel products, adding that the company is proving to the world that good and quality products can be produced in the country.

He added that the endorsement is what is required to boost the confidence of consumers in made-in-Nigeria products which he said would go a long way to complement the federal government's plan to diversify the nation's economy away from hydrocarbon resources.

The institution expressed joy that despite all the challenges hindering the manufacturing sector of the economy, the company has been waxing strong, saying that if the federal government can address infrastructural challenges, Nigeria would be a big player in the global steel industry.

The company was commended on its achievement as the only CARES certified mill in the country, a certification that is the most respected in the world adding that AFL is the major exporter of steel products in all ECOWAS countries.

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