Steel manufacturers in Ghana have reassured the public that prices of steel products will not increase, following several government interventions, including the current stability of the cedi.
The assurance was given on 23rd January 2026 during a meeting between Hon. Lawyer Elizabeth Ofosu-Adjare and steel producers at the Ministry of Trade, Agribusiness and Industry in Accra.
Speaking to the press after the meeting, Mr. Mukesh Tanuja Thakwani, Chairman of B5 Plus Ltd. and spokesperson for the Association, emphasized that despite some challenges facing the steel industry, prices of steel products will remain unchanged. He further assured that steel products would continue to be readily available across the nation.
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Mr. Thakwani highlighted the sector’s commitment to supporting government initiatives and expressed appreciation for the consistent cooperation and support from Hon. Ofosu-Adjare over the years.
In her remarks, Hon. Ofosu-Adjare commended the manufacturers for their contribution to national development and economic growth.
She noted that the meeting provided an opportunity for the industry to raise operational challenges and request government support to address them.
She assured that the government had carefully listened to their concerns and would take the necessary steps to resolve them.
She also expressed gratitude for the sacrifices made by steel producers in support of Ghana’s economy and reaffirmed the government’s commitment to working closely with the industry to ensure its sustained growth and development.
This engagement underscores the ongoing collaboration between the government and the private sector to maintain economic stability and promote industrial growth in Ghana.
