Who We Are
Established in October 2008, Hongxing Steel Company Limited is the pioneer vehicle of the Inner Galaxy Group. Located at the Amuwo Odofin Industrial Scheme in Amuwo Odofin of Lagos state since inception, this steel outfit prides itself in the production of ribbed reinforcement bars in various sizes. These are rebars used in the building and construction industry.
Hongxing Steel directly employs about 900 staff and indirectly provides jobs to over 3,000 people, including suppliers of metal scraps (our primary raw materials) and transporters involved in the haulage of both scraps and finished products. From our humble beginning producing 25,000 MT of steel rebars annually in 2009 to exceeding 200,000 MT by 2016, we have grown into one of the fastest-growing private steel mills in Nigeria.
Our Commitment and Impact
Our customer base spans major cities across Nigeria and extends to the West African coast. What truly defines us, however, is our commitment to sustainability—we are a “Waste to Wealth” company. Our raw materials are metal scraps sourced from the environment, which we transform into high-quality steel products. Through this process, we not only produce durable materials but also contribute to environmental cleanliness by paying people to gather and supply these scraps.
Our Growth and Vision
Through teamwork, determination, and consistent hard work, we have evolved into a major player in the steel industry today. Our rising market share and the ever-increasing demand for our products reflect our progress. As we move forward, we continue to invest in improving product quality and expanding production capacity, ensuring that we remain a trusted leader in steel manufacturing across the region.
Our Core Value
Our Core Values, which represent the things we believe in, are summarized in the acronym: CAST
Care: This means Care for others in all we do; Care for the company’s properties; Care for our environment. Yes we care!
Accountability: We accept responsibility and want to be held accountable for the things we do. This spirit drives us to do the right thing always, knowing that we can be called to account for our actions.
Safety First: It means that the safety of our workers and the environment will drive our decisions and our actions. In the same way, staff are encouraged to take safety of themselves, their colleagues and the environment very seriously. We would ask first: Is it Safe?
Trust: We recognize that Trust is earned by the things we do consistently; and therefore encourage the staff and company to behave always in a trustworthy manner.
Our Mission
As leading manufacturer of Steel Products and Provider of Technology Services in West Africa, we are committed to delivering high quality products and services to our customers and creating value for our all other stakeholders.
Our Vision
To be the leading Steel Manufacturing and Technology Services Company in Africa.