On April 28th, the General Manager of SME Group visited Steely in Ethiopia for joint investment negotiations. Given the long-term friendly cooperation, Steely expressed their intention to invest jointly with SME Group in Ethiopia. Both parties discussed establishing a joint venture in Ethiopia to build a tube manufacturing plant for…
On April 14th, at the invitation of Adama Company, the project manager and mechanical engineers from the SME Project Management Department in Ethiopia visited Adama’s steel factories and held technical discussions with their technical team regarding the rebar and wire rod production lines.
From February 9th to 10th, 2015, the SME technical team, along with Party A, attended a Coordination Meeting with Danieli at its headquarters in Buttrio, Italy. During the meeting, the SME and Danieli teams clarified and reached an agreement on the updated general layout and electrical parts of the 260,000…
On February 2nd, representatives from SME Group visited Aman Company in Bangladesh to discuss a potential joint investment in the steel industry. Aman Company is a fast-growing multisector private conglomerate engaged in cement, textiles, iron & steel manufacturing and education development. During the visit, Aman Company gave the SME representatives…
On January 20th, the Vice President of SME Group visited several local companies in Nigerian. During his visit, SME Group signed contract with a Nigerian Company for a 40,000TPA induction furnace steel melting project.
On September 3rd, representatives from Iran K&S Steel visited SME headquarters. Both parties discussed the proposed project for a 300,000 TPA induction furnace steel-making and rolling mill with final product alloy steel and normal steel. Subsequently, the customer was invited to visit the manufacturing plants of the SME Group.
In November 2013, the SME General Manager signed an operation service agreement with Steely Factory for the 180,000 TPA steel rolling line in Ethiopia after the successful test run of the production line in October.
In September 2013, SME deployed 110 personnel to a steel factory in Nigeria to operate and manage a 250,000 ton steel rolling production line. The project will last 2 years under the agreement and includes training local personnel for the production line.
On December 10th, SME’s general manager signed a sales contract of 300,000 TPA rebar production line with Leader Group in Khartoum, Sudan.
In August, SME Group executed the Nigeria 132 kVA substation contract which is an EPC project signed in June 2013.
