Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

Zimbabwean official hails Chinese-invested firm for increasing steel production

May 09, 2025


Abstract : Zimbabwe is witnessing the revival of its iron and steel industry following the ramp-up of steel production by the Chinese-invested Dinson Iron and Steel Company (DISCO), a senior official from Zimbabwe's ruling party said on Thursday.

HARARE, May 8 (Xinhua) -- Zimbabwe is witnessing the revival of its iron and steel industry following the ramp-up of steel production by the Chinese-invested Dinson Iron and Steel Company (DISCO), a senior official from Zimbabwe's ruling party said on Thursday.

"We have a new product, which is the export of steel from Zimbabwe. This is also beginning to spur the regeneration of Zimbabwe's downstream steel fabrication sector," said Christopher Mutsvangwa, a politburo member and secretary for information and publicity for the Zimbabwe African National Union-Patriotic Front, while addressing journalists in Harare, the capital of Zimbabwe.

DISCO, a subsidiary of China's Tsingshan Holding Group, commenced production last year with pig iron, followed by steel billets, and is now producing steel bars. The company is also expected to start producing bolts, nuts and other steel products.

"The technology continues to expand, and the product diversity continues to increase," said Mutsvangwa.

The local steel production is expected to support the revival of the heavy steel industry in Bulawayo, Zimbabwe's second-largest city, which was severely affected by the collapse of the domestic steel sector, he added.

The closure of a major steel producer in 2008 significantly impacted Zimbabwe's local steel industry, forcing the country to rely on imports. Following the ramp-up of domestic steel production, the Zimbabwean government last Friday introduced new restrictions on the importation of certain steel products.

Scan the QR code and push it to your mobile phone

Keyword: Chinese investment steel production

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial