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Zimbabwe’s Steel Sector Poised for Revival Through Strategic Zisco-Dinson Partnership

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Zimbabwe’s Steel Sector Poised for Revival Through Strategic Zisco-Dinson Partnership

(3 Minutes Read)

Zimbabwe’s iron and steel industry is set to undergo a major transformation, following a strategic partnership between the Zimbabwe Iron and Steel Company (Zisco) and Dinson Iron & Steel Company. The collaboration was revealed by Industry and Commerce Minister Mangaliso Ndlovu during a Parliamentary session, marking a new phase of growth for the once-vibrant sector.

Minister Ndlovu highlighted the synergy between Zisco and Dinson, emphasising the potential for joint efforts not just within Zisco’s plant but also with related operations such as Lancashire Steel. The partnership is expected to stimulate job creation, industrial development, and broader economic growth.

According to Ndlovu, Dinson and Zisco have agreed to work complementarily rather than compete, with Dinson focusing on pig iron, billets, and upcoming hot-rolled bar production, while leaving other products for Zisco. This approach is formalised through a memorandum of understanding aimed at coordinated production strategies.

Zisco, which is currently implementing a comprehensive recovery strategy, is also mobilising resources to restart its limestone beneficiation for producing burnt lime—vital for steel production and cement manufacturing. Ndlovu affirmed that Zisco’s asset stripping has ceased, and management is now in control of operations.

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 In response to a parliamentary inquiry from MP Corban Madzivanyika, Ndlovu reaffirmed the government’s commitment to reviving Zisco and Lancashire Steel, both critical to Zimbabwe’s industrial recovery. The partnership with Dinson is anticipated to restore steel production capacity, enhance infrastructure development, and reintegrate Zimbabwe into the global steel market.