eBusiness Weekly
Business Writer
DINSON Iron and Steel Company (Disco) says part of the US$100 million worth of equipment for its steel plant in Chivhu that arrived in South Africa’s Durban port-city recently, will be hauled to Zimbabwe onboard 1000 heavy trucks.
Said the company: “This is part of the US$100 million worth of the steel plant’s equipment and machinery that will be brought into the country after docking in South Africa (and will be carried) by 1 000 haulage trucks.”
The first batch of the equipment and machinery comprises general blast furnace components and is expected to arrive home at the plant site in Mvuma by month end.
Disco is constructing a US$1 billion steel-manufacturing plant in Manhize, Chivhu. The company is a Zimbabwe subsidiary of the giant Chinese steel producer, Tsingshan Holdings.
