World’s largest stainless steel & nickel producer China’s Tsingshan Holding Group has kick-started the development of new integrated steel operation in Zimbabwe. In June 2018, Tsingshan Holdings & Zimbabwean government signed a memorandum of understanding to build the steel plant and started constructing a USD 1.5 billion Dinson Iron and Steel Plant in in the Chivhu District of Mashonaland East Province and Chirumanzu District of the Midlands Province in June 2021. Dinson Iron and Steel Company plant will produce 1.2 million tonnes of pig iron and carbon steel per year. This will see the consumption of 500,000 tonnes per year of ferrochrome and one million tonnes per year of coke, which Tsingshan produces in Zimbabwe through Afrochine Smelting and Dinson Colliery.Dinson has since applied for Special Economic Zone status for its value-addition integrated iron and steel industrial park. In the integrated iron and steel industrial park there will be a steelmaking plant, rolling mill, coke plant, ferrochrome plant, power plant, new energy equipment plant and a supporting business centre. The Dinson steel industrial park will have an annual turnover of USD 2 billion for both export and domestic markets. A concept master plan for the new town is now in place.Tsingshan has already built a 150 000 tonne per year ferrochrome plant in Selous in Chegutu district and a 350 000 tonne per year coke plant in Hwange in Zimbabwe
World’s largest stainless steel & nickel producer China’s Tsingshan Holding Group has kick-started the development of new integrated steel operation in Zimbabwe. In June 2018, Tsingshan Holdings & Zimbabwean government signed a memorandum of understanding to build the steel plant and started constructing a USD 1.5 billion Dinson Iron and Steel Plant in in the Chivhu District of Mashonaland East Province and Chirumanzu District of the Midlands Province in June 2021. Dinson Iron and Steel Company plant will produce 1.2 million tonnes of pig iron and carbon steel per year. This will see the consumption of 500,000 tonnes per year of ferrochrome and one million tonnes per year of coke, which Tsingshan produces in Zimbabwe through Afrochine Smelting and Dinson Colliery.Dinson has since applied for Special Economic Zone status for its value-addition integrated iron and steel industrial park. In the integrated iron and steel industrial park there will be a steelmaking plant, rolling mill, coke plant, ferrochrome plant, power plant, new energy equipment plant and a supporting business centre. The Dinson steel industrial park will have an annual turnover of USD 2 billion for both export and domestic markets. A concept master plan for the new town is now in place.Tsingshan has already built a 150 000 tonne per year ferrochrome plant in Selous in Chegutu district and a 350 000 tonne per year coke plant in Hwange in Zimbabwe
