Tag: Zimbabwe
-
China Signs MoU with Zimbabwe for Setting up of Steel Plant amid Chinese Steelmakers Efforts to Explore New Markets
According to the market reports, Zimbabwe and China have recently signed a 1-billion-U.S.-dollar Memorandum of understanding (MoU) to build a steel plant (in Zimbabwe) that can produce up to 2 MnT of steel per annum. China’s unlisted Tsingshan Holding Group has outlined the agreement to build the steelmaking plant after completing a feasibility study and…