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Tag: Premium Steel and Mines Limited

PSML (Fmr DSC) Has Helped Buhari Govt Fulfilled Mandate Of Steel Dev. In Nigeria – Fayemi

PSML (Fmr DSC) Has Helped Buhari Govt Fulfilled Mandate Of Steel Dev. In Nigeria – Fayemi

BUSINESS, NEWS
  The Minister of Mines and Steel Development, Kayode Fayemi, has said that Premium Steel and Mines Limited has helped the President Muhammadu Buhari's administration to fulfilled the mandate of the ministry for steel development in Nigeria. Fayemi stated this on Friday during the flag-off/commissioning of the first phase of the reactivation process of the integrated steel complex in Ovwian-Aladja, Delta State by Governor of Delta state, Dr Ifeanyi Okowa. BigPen Online recalls that Premium Steel and Mines Limited had acquired the plant after Assets Management Company of Nigeria, AMCON, took over DSC seven years ago after the plant became comatose. The Minister who was represented by Director of Steel in the Ministry of Mines and Steel Development, Mr Imem Ikprikpo, sai...
PSML, Former DSC To Come Alive Again, To Be Inaugurated In March

PSML, Former DSC To Come Alive Again, To Be Inaugurated In March

BUSINESS, NEWS
Premium Steel and Mines Limited, formerly Delta Steel Company (DSC) Ovwian/Aladja is to commence its first phase of production in March, BigPen Online can report. This is coming as the resuscitated Aladja Steel complex is scheduled for commissioning on Friday March 2, 2018. Chief Executive Officer and Managing Director of Premium Steel and Mines Ltd, Mr Prasanta Mishra, who confirmed this on Monday while speaking to newsmen in his office, said that Governor Ifeanyi Okowa is expected to flag off the company’s first phase of production scheduled for March. According to him, with this development, Nigeria’s hope of steel production as backbone for industrial development would come alive as Premium Steel and Mines Limited is set to meet some 50% of Nigeria’s long steel product nee