IRON AND STEEL KENYA - Mars Group Kenya

• Setting up a mini-integrated steel works: -
Concerted efforts should be made to start a project to exploit local iron ore
resources to produce Direct Reduced Iron (Sponge Iron).It is however, worth
pointing out that setting up such an integrated steelwork require large amounts
of capital; and not many entrepreneurs would want to risk the money in
pioneering such green field plants. More over, many existing integrated steel
plants whether in the region of the world over is state owned. For such a
project to succeed then, the government will have to play very big catalytic
role, both at project take-off stage, as well as lobbying for donor financial
support towards this end.
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