Ajaokuta Steel Company Limited popularly known as Ajaokuta Steel Mill is a steel mill in Nigeria, located in Ajaokuta, Kogi State, Nigeria.

The Federal Government of Nigeria, led by the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu signed a memorandum of understanding (MoU). The agreement, signed in Moscow with the original builders of the Ajaokuta Steel Plant, Tyazhpromexport (TPE) and their consortium members (including Novostal M and Proforce Manufacturing Limited), focuses on the rehabilitation, completion and operation of both the Ajaokuta Steel Plant and the National Iron Ore Mining Company (NIOMCO) in Kogi State.

The Company Statement
May 24, 2024

The federal government said it was in talks with investors from Russia, China, and some Arab countries on the possibility of revamping the Ajaokuta steel company.

September 20, 2024FG, Russian Consortium Sign MoU On Ajaokuta Steel Company, NIOMCO Rehabilitation
August 23, 202423 Russian engineers conduct technical audit on Ajaokuta Steel plant
August 18, 2024Russian engineers inspect Ajaokuta Steel after PUNCH report
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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