FG seals deal to revive Delta Steel after decade-long shutdown

The Federal Government has sealed a deal to revive the Delta Steel Company, with owners committing $1.3bn to rehabilitate the plant and create 25,000 jobs.

The Briefing Africa

August 20, 2026 · 21:15 · 5 min read

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The Federal Government has sealed a deal to revive the Delta Steel Company, with owners committing $1.3bn to rehabilitate the plant and create 25,000 jobs.

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FG seals deal to revive Delta Steel after decade-long shutdown