Cameroon’s processors have about 1.2 Mt/yr of installed capacity, running at about 50%: billets and scrap are scarce, and the press reports more than 30 billion FCFA of unsold stock in September 2026. For reinforcing bar alone, declared rolling capacity, read as about 627 kt/yr (the source prints “627 tonnes”), far exceeds demand of about 180 kt, out of some 450 kt of steel used each year across all products.
Phase 1 is therefore not just one more rolling mill. It relies on steel melted in the country rather than imported billets, on certified grades traceable batch by batch, and on the CEMAC market. The order and content of the phases may change with the market: they will be confirmed by front-end engineering and by offtake commitments.
Sourced Cameroon Tribune, « Production : les acteurs en présence », 11 May 2026 (rebar capacity and demand); Sikafinance, 30 September 2026, and Camer.be, 1 October 2026 (installed capacity, utilisation, stock); Cameroun24, 10 October 2026; total demand: industry estimate.
Derived 627 kt/yr: our reading of the “627 tonnes” printed by Cameroon Tribune (11 May 2026); it is a corrected figure, not the printed one.