KENYA – Blue Nile Rolling Mills Limited, a steel manufacturer based in Thika, Kenya has launched a US$ 18 million galvanised wire plant targeting both construction and engineering sectors as the demand for construction materials rises.

The investment comes barely three months after the company received US$7.9 million loan from the International Finance Corporation, the private lending arm of the World Bank, to fund their expansion.

Blue Nile Rolling Mills Limited, is famous in Kenya for its Kifaru brand of steel products.

Kenya’s Industrialization minister Betty Maina lauded the investment as timely and that has the potential to create a wide pool of employment opportunities and enrich the growth of locally owned enterprises and products.

“I congratulate the local manufacturer, as they have demonstrated their capacity and zeal in investing in a new company amid the Covid-19 pandemic,” the minister said.

She further said the investment is as an endorsement of the confidence the company has in Kenya.

Ms Maina added that the manufacturing sector has played its part in cushioning the country from the impact of Covid-19 by providing support in its specific areas of operation.

Blue Nile Rolling Mills Limited managing director Mr Kotni Rao said the new plant has the capacity to produce 3,000 metric tonnes of steel products per month, targeting both local and East African as well as the global markets.

“Manufacturers’ reliability, sustainability, innovation and smart practice has seen us access more markets in the country, regionally and globally as far as Australia, Europe and America,” he said.

“In 2012, Blue Nile Wire Products and its strategic partners founded Blue Nile Rolling Mills to establish a manufacturing facility for hot rolled steel products,” he added.

The Blue Nile Group, comprised of Blue Nile Rolling Mills and Blue Nile Wire Products is a well-known success story in the steel manufacturing industry in Kenya.
They have installed state of the art technology with scheduled upgrades to produce high quality steel products which match the global standards.

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