NEWS

Chinese steel supports infrastructure development in Africa, with localized processing centers covering 80% of demand
2024-09-18
Chinese steel supports infrastructure development in Africa, with localized processing centers covering 80% of demand

Chinese steel companies are deeply involved in African infrastructure through the "capacity cooperation+localized services" model. The processing centers established by XX Steel in Egypt and Kenya have an annual production capacity of 800000 tons and can provide value-added services such as hot rolling, galvanizing, and cutting, saving 25% of logistics costs compared to importing from China. In the "Green City" project of Egypt's new capital, Chinese weathering steel Q355GNH accounts for 60% of the total steel used in the project, with a service life of 50 years and maintenance free.