Archives Tag: Export-Import Bank of China


Chinese Sinosteel Eyes $6bn Nigeria Deal

April 19, 2022

Chinese state-owned metals trader Sinosteel was in talks to take over a state-owned steel mill in Nigeria and expand its capacity to 5.6 million tons from 1.3 million, Nigeria’s mining minister said yesterday during a visit to Beijing. The steel mill sale and upgrade would mean investment into Nigeria of about $6 billion (R60.1bn), Minister … Continue reading Chinese Sinosteel Eyes $6bn Nigeria Deal

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