Can Angola’s New Steel Mill Save Its Economy? As Oil Prices Plunge, Luanda Looks To Diversify
| IN: International Business Times

Boutik

IN: International Business Times


January 29, 2016 
— Angola’s first major steel mill aims to transform the quaint fishing and agriculture village of Barra do Dande into a bustling community. Since its official opening last month, the sprawling, privately owned factory is melting scrap metal into steel billets and rolling out rebar and wire rods, with the capacity to one day produce enough steel to meet Angola’s domestic demand.