Tsingshan Plans 1.2 Million Tonne Steel Plant in Zimbabwe
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Tsingshan Plans 1.2 Million Tonne Steel Plant in Zimbabwe

Reuters reported that China's Tsingshan Holding Group plans to build a carbon steel plant with capacity of 1.2 million tonnes in Zimbabwe. The project will be

Reuters reported that China's Tsingshan Holding Group plans to build a carbon steel plant with capacity of 1.2 million tonnes in Zimbabwe. The project will be operated by Tsingshan's unit Zhejiang Dinson Holding Co Ltd, which already has ferrochrome smelters in Zimbabwe with annual capacity at 100,000 tonnes. The statement did not say when construction of the project would start.

The local government said that it hopes Tsingshan can ramp up investment in Zimbabwe and would provide necessary mineral resources and policy support.

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