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Dinson Iron and Steel Company (DISCO), a unit of China’s Tsingshan Holdings, is set to pump US$800 million into its steel plant in Zimbabwe, doubling output capacity from 600,000 to 1.2 million tonnes annually, Mining Zimbabwe can report.
Information Minister Jenfan Muswere confirmed the development during a recent ministerial tour, describing it as a “game-changer” for Zimbabwe’s industrialisation drive.
Phase One Success
The US$1 billion plant has already begun producing pig iron and carbon steel, supported by a 50MW thermal power station that recycles furnace gas. Plans for a solar plant are underway to further secure power supply.
Expansion Plans
The new investment will add a second blast furnace, rolling mills, and advanced processing facilities, moving DISCO into the ranks of Africa’s top steel producers.
Why It Matters
Cuts Zimbabwe’s US$1bn annual steel import bill
Creates jobs and skills in steel engineering
Anchors industrial growth and regional exports
Positions Zimbabwe to target EU markets if ESG compliance is met
Tsingshan’s long-term roadmap could see production jump to 3.2–5 million tonnes per year, placing Zimbabwe firmly on the global steel map.
