How Hongxing Steel contributes to lowering steel cost in Nigeria

significant amount of foreign exchange is conserved within the country.

 Speaking during the 10th anniversary of Hongxing Steel Company Ltd, a member of the Inner Galaxy Group, Andy said that apart from being a waste to wealth company, “through our operations, we provide employment opportunities to those who ordinarily would have been considered mere scavengers.’’ He continued: ‘’our direct impact on the economy is also very remarkable. It is worthy of note that since the inception of Hongxing Steel Company, and our other associated steel companies, the cost of steel in Nigeria has been trending downwards. Similarly, the quantity of steel imported into the country has also reduced drastically. By this, Read more