Steely R.M.I. PLC

Established in October 2004, Steely RMI PLC specializes in re-bar and wire rod manufacturing. It is one of the pioneer companies in the steel manufacturing sector in Ethiopia. The factory is located in Oromia National Regional State, Bishoftu town, 45 kilometers away from Addis Ababa, and its head office is at Century Mall, Gurd Shola. Steely RMI has a well-built compound with an area of 139,375 m2 and open areas for raw materials and finished goods storage. In addition, it has spaces used for green areas, guests, stores, staff clubs, clinics, and offices. The company's initial investment was USD 38 million to produce 120,000 metric tons of rebar. It completed the second expansion project in 2012 for USD 71 million, bringing the company's total investment to USD 110 million. As of June 30, 2022, the paid-up capital of the company is BRL 1.2 billion. The total asset and sales turnover of the company also reached more than 6.5 billion Birr and 4.1 billion as of June 30, 2022. The factory installed advanced technologies like CCM, TMT, an automated production system (PLC), and modern physical test machines and implemented and maintained an ISO 9001:2015 quality management system to produce a quality product at a competitive price. The production capacity of the factory is 500,000 metric tons of grades 60 and 75 rebar per year and 120,000 metric tons of wire rod per year. The company also manufactures wire-processed products such as normal nails, roofing nails, binding wires, barbed wires, and mesh wires. APOLLO, the brand name for Steely’s products, is well-known among its customers and end users. Inspire the nation with diversified products and services. Mission We provide diversified products and services of superior quality and values that improve the lives of the nation. Motto The symbol of quality and strength Core Values Customer first Priority to Quality Integrity Responsiveness Teamwork Safety First Continuous improvement Corporate social responsibility The Management Steely RMI has a strong and independent management body staffed with professionals from appropriate fields of study. The multidisciplinary professional composition of Steely RMI comprises metallurgical engineering, manufacturing technology, mechanical and industrial engineering, finance and economics, business management, marketing, information technology, and other related fields. In addition to the board of directors, chief executive officers, and general management, the company has independent advisory bodies with high profiles and immense firsthand experience in different positions. Steely RMI has more than 2000 direct employees for its operation in production, Engineering, Marketing, and other support functions. Its basic Human Resources Management (HRM) value is ‘equal opportunity for all regardless of any difference in gender, language, and other personal beliefs’. Thus, it helps to create a healthy and peaceful industrial environment among…