Foundries for Sale in Asaba

• Established over a decade ago, the company is a leading Asaba-based foundry specializing in both ferrous and non-ferrous product manufacturing. • It is a major manufacturer and distributor of steel re-bars, catering to 20 construction firms across Nigeria, with key grades being FE 400, 500, and 500D. • Boasts state-of-the-art facilities and highly skilled professionals to ensure quality and efficiency in production. • Significant focus on sustainability with recycling operations for lead-acid batteries and aluminium scrap, exporting to regions like South Korea, Japan, Europe, and India. • Steel re-bars are central to the business, contributing 80% to revenue, while exported recycled products contribute 10% each for lead acid and aluminium. • The firm operates with a steel production capacity of 10,000 tons per month but is currently utilizing only 30-40% due to raw material procurement challenges. • Promoter oversees financial and investment activities from Dubai to leverage international business opportunities. • While the sales declined last year due to economic conditions, the average monthly sales over the last few years have been USD 1.8 million dollars.

• Established over a decade ago, the company is a leading Asaba-based foundry specializing in both ferrous and non-ferrous product manufacturing. • It is a major manufacturer and distributor of steel re-bars, catering to 20 construction firms across Nigeria, with key grades being FE 400, 500, and 500D. • Boasts state-of-the-art facilities and highly skilled professionals to ensure quality and efficiency in production. • Significant focus on sustainability with recycling operations for lead-acid batteries and aluminium scrap, exporting to regions like South Korea, Japan, Europe, and India. • Steel re-bars are central to the business, contributing 80% to revenue, while exported recycled products contribute 10% each for lead acid and aluminium. • The firm operates with a steel production capacity of 10,000 tons per month but is currently utilizing only 30-40% due to raw material procurement challenges. • Promoter oversees financial and investment activities from Dubai to leverage international business opportunities. • While the sales declined last year due to economic conditions, the average monthly sales over the last few years have been USD 1.8 million dollars.