Industry News

Zimbabwe aims for top spot in carbon steel production

Views : 156
Update time : 2023-01-31 19:41:23
ZIMBABWE is now on a sustainable economic growth path following a number of interventions and is set to become one of the top carbon steel producers in sub-Saharan Africa in the next three years on the back of game-changing investments by wealthy global investors, Finance and Economic Development Minister Professor Mthuli Ncube has said.

Speaking in an interview with CNBC Africa on the sidelines of the recent World Economic Forum (WEF) held in Davos, Switzerland, Prof Ncube said Zimbabwe and the rest of Africa deserved special treatment in global economic affairs because of the various endowments available mainly in the mining sector and human resources, due to a generally young population.

He said in Zimbabwe, more investors continued to enquire about opportunities they could take up in mining, agriculture and tourism, among others.
Related News
Read More >>
Constellium and TARMAC unlocks major breakthrough in full-circular aluminium recycling for retired aircrafts Constellium and TARMAC unlocks major breakthrough in full-circular aluminium recycling for retired aircrafts
Jun .13.2025
Constellium and TARMAC unlocks major breakthrough in full-circular aluminium recycling for retired aircrafts
ITAC recommends maintaining 15% duty on aluminium rolled products to support the local industry ITAC recommends maintaining 15% duty on aluminium rolled products to support the local industry
Jun .13.2025
ITAC recommends maintaining 15% duty on aluminium rolled products to support the local industry
Century Aluminium to invest $10M for maintenance at its Sebree smelter in Kentucky Century Aluminium to invest $10M for maintenance at its Sebree smelter in Kentucky
Jun .13.2025
Century Aluminium to invest $10M for maintenance at its Sebree smelter in Kentucky
Imported bauxite prices dropped back slightly this week; Amidst market negotiations, bauxite prices are expected to fluctuate Imported bauxite prices dropped back slightly this week; Amidst market negotiations, bauxite prices are expected to fluctuate
Jun .13.2025
Imported bauxite prices dropped back slightly this week; Amidst market negotiations, bauxite prices are expected to fluctuate