Zimbabwe's Steel Industry Revitalized with New $1.5 Billion Plant

Via Metal Miner Zimbabwe’s got itself a brand new iron and steel manufacturing plant, courtesy of the Chinese. This U.S. $1.5 billion Chinese-built plant’s blast furnace recently came online and is already producing pig iron, a crucial ingredient for making steel. The team over at Dinson Iron and Steel Company (Disco), the Zimbabwean subsidiary of Chinese steel giant Tsingshan Holding Group, announced the production of their very first batch of pig iron on June 13. The Mvuma steel plant, situated about 120 miles south of Zimbabwe’s…