# Cameroon Steel · Fact sheet

Edition of 10 October 2026. Public figures, each with its status and source.

## The project

Cameroon Steel SARL is developing a steel complex at Mboro, in the Kribi industrial-port zone, Cameroon, to supply construction steel to national and regional markets. The project is at the development stage: nothing is built yet. It targets a design capacity of one million tonnes a year, built in phases. The first phase plans an electric melt shop and a rolling mill: it will melt scrap and imported direct-reduced iron (DRI/HBI) into certified reinforcing bar and wire rod. Cameroonian iron ore is to follow in time, with a direct-reduction unit: that is the project’s long-term path, from mineral resource to industrial value. The foundation stone was laid on 30 December 2024 by the Prime Minister, Head of Government, representing the Head of State. Registered office: Mimboman, Yaoundé.

## Key figures

| Figure | Description | Status | Source |
|---|---|---|---|
| In development | Stage of the project: nothing is built yet. Site surveys, the impact assessment, engineering and financing are still ahead | Sourced | Cameroon Steel, project status at 10 Oct 2026 |
| H2 2030 | First heat targeted. Before it: certificate of environmental compliance targeted for Q4 2028, then Phase 1 works from Q1 2029. Ramp-up in 2031 | Assumption | Cameroon Steel reference configuration RC-1 (edition 10 Oct 2026): reference schedule; targets that may move with permits, engineering, the market and financing |
| 1 Mt/yr | Target design capacity, built in phases | Sourced | Cameroon Tribune, « Industrialisation : la voie royale de l’émergence », 2 Jan 2025 <https://cameroon-tribune.cm/article.html/68558/fr.html/details_2> |
| 0.3 Mt/yr | Planned first phase: reinforcing bar and wire rod | Assumption | Cameroon Steel reference configuration RC-1 (edition 10 Oct 2026): planning assumption, subject to engineering and permits |
| 30 December 2024 | Foundation stone laid at Mboro by the Prime Minister, representing the Head of State | Sourced | Cameroon Tribune, « Kribi : le Premier ministre, chef du gouvernement est là », 30 Dec 2024 <https://cameroon-tribune.cm/article.html/68499/fr.html/details_2> |
| ~4,000 ha | Kribi industrial-port zone, developed by KPIZ S.A. (launched on 26 February 2026) | Sourced | Investir au Cameroun, 20 Feb 2026 and 4 Mar 2026 <https://www.investiraucameroun.com/gestion-publique/0403-23163-zone-industrialo-portuaire-de-kribi-kpiz-jusqu-a-8-points-de-croissance-et-150-000-emplois-attendus-sur-15-ans> |
| 15 % | Minimum share of mine output for local processing (2023 Mining Code, art. 40(4)) | Sourced | Loi n° 2023/014 du 19 décembre 2023 portant Code minier, art. 40(4) |
| ~500 direct jobs | Direct jobs planned in the first phase (planning range 450 to 550), plus about 1,000 indirect jobs | Assumption | Cameroon Steel, planning estimate (2024), to be confirmed |
| 12.7 Mt | Port of Kribi traffic in 2025, with 555,398 TEU | Reported | EcoMatin, « Au Cameroun, le port de Kribi revendique la place de premier terminal à conteneurs », 22 Apr 2026 (PAK figures) <https://ecomatin.net/au-cameroun-le-port-de-kribi-revendique-la-place-de-premier-terminal-a-conteneurs> |
| 100 → 400 MW | Kribi 225 kV line and substation capacity: 100 MW initially, 330 to 400 MW later | Sourced | Port Autonome de Kribi, communiqués of 6 Aug 2025 and 19 Aug 2026 (site visit by the Minister of Water and Energy) |
| ~90 % | Hydropower share of Cameroon’s electricity generation in 2025 according to ARSEL (about 72% in 2024 according to Ember, the year of the 226 gCO₂/kWh factor this site uses) | Sourced | ARSEL, Rapport d’activités 2025, 7 Sep 2026 <https://arsel-cm.org/wp-content/uploads/2026/09/Rapport-ARSEL-2025.pdf> |
| ~0.58 t CO₂/t | Indicative intensity including upstream imported DRI: the closest basis to route averages. Scopes 1 and 2 alone: about 0.32 t in Phase 1 (0.33 t at full build-out) | Derived | Cameroon Steel reference configuration RC-1: electricity per tonne (IFC ranges for the furnace and rolling; RC-1 assumptions for induction heating and auxiliaries) × Cameroon grid factor 226 gCO₂/kWh (Ember, 2024, when hydropower supplied about 72%; ARSEL reports about 90% for 2025: the 2024 factor is kept as the prudent value); direct emissions and upstream of imported DRI at 0.70 t CO₂ per tonne of DRI (gas-based shaft furnace) are RC-1 assumptions |
| 412,049 t | Cameroon imports of iron and steel (HS chapter 72) in 2025 | Sourced | INS Cameroun, Évolution du commerce extérieur en 2025 (version provisoire), Feb 2026 <https://ins-cameroun.cm/wp-content/uploads/2026/04/Note-sur-le-commerce-exterieur-en-2025-version-provisoire_FR.pdf> |
| 161 kt | Billets imported in 2023, the largest steel import (78% from Indonesia) | Sourced | UN Comtrade, Cameroon (reporter 120), HS 7207, 2023 <https://comtradeapi.un.org/> |

## Statuses

- **Sourced**: published by an identified source
- **Assumption**: planning assumption, to be confirmed
- **Reported**: the party’s own figures or a single press report, not verified by us
- **Derived**: calculated from sourced data and stated assumptions, method stated

## Registered office

Cameroon Steel SARL, Mimboman, B.P. 17 126, Yaoundé

## Visualisations

Cameroon Steel’s images and videos are computer-generated visualisations. They do not depict an existing facility and must not be presented as photographs.
