Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 38116, member: 636"]
Dinson Iron Steel Company wants to team up with Zimbabwe Iron Steel Company. The partnership would make DISCO provide materials for ZISCO to sell across markets. DISCO belongs to the Chinese company Tsingshan Group, a major steel maker worldwide. Their plant sits near Mvuma at Manhize with equipment that makes tons of steel products yearly. They run both carbon steel operations and iron mining at this location.

ZISCO Steel stopped working in 2008 because of money problems and poor management. This shutdown left many workers without jobs and hurt local steel supply chains. Parliament member Corban Madziwanyika asked Industry Minister Mangaliso Ndlovu about fixing the company. The minister talked about plans but gave few clear details. He mentioned building connections between DINSON, ZISCO, and other metal companies.

The government started three programs to help bring back ZISCO Steel. The first steps focus on fixing Lancashire Steel's wire mill so that it can make various wire products again. This effort should create about twenty new jobs. The minister believes these changes will support businesses that need steel materials or make products from steel. Critics say these plans move too slowly and lack proper coordination.
[/QUOTE]

Name