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Kafue Steel starts exporting steel to neighboring countries
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Sunday, 12 Dec 2010
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Kafue Steel Company in Kafue District is now exporting steel products to neighboring countries. This follows the start of partial production at the plant early this year. The company’s products have since been certified by the Zambia and South African bureaus of standards, after meeting international export standards.

Dr Julius Kaoma technical director of Universal Mining & Chemicals Limited told ZANIS that the USD 80 million plant company was now established, with its products becoming more and more popular both on the local and regional markets.

Dr Kaoma said that the company had already clinched markets in the Congo Democratic Republic, Burundi, Rwanda, Tanzania, Malawi, Zimbabwe and South Africa. He said the company at the moment was only manufacturing iron bars from locally sourced scrap metals.

Dr Kaoma, who could not disclose the company’s expected annual turnover in terms of its projected sales, said that the current production of steel was at 3000 metric tonnes per month, which would rise to 10,000 after the company started operating at full capacity. He said the company was currently operating eight hours per day, with an initial workforce of 550, who would be as many as 1,500 in two year's time, once the company would be come fully operational.

Dr Kaoma expressed optimism that the steel industry in the country had great potential to grow and create a lot of jobs. He said plans were underway to revamp Sanje Iron Ore Mine in Nampundwe area.

Dr Kaoma said the company had already embarked on the rehabilitation of the 50 kilometer road along which heavy duty vehicles would be haulaging iron ore and other products from Nampundwe to Kafue. He said the Ministry of Works and Supply, in conjunction with a named contractor had already started working on the road, which work was expected to be completed by the middle of next year.

He said, once the mine was fully developed and operational, the steel plant in Kafue would start operating at full capacity, as the supply of raw materials for steel production would be readily available, and there would be no instead dependency on scrap metals alone as was the case currently.

Dr Kaoma appealed to the residents of Kafue town to support the project, meant to add value to the national economy, adding that the company was ready to partner with the residents in the area in undertaking community projects, as part of the company's corporate social responsibility.

(Sourced from www.lusakatimes.com)

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