28
Nov
15:26
Zimbabwe seeks new investor for Zisco
Zimbabwe is looking for new investors for its major steel producer Zimbabwe Iron and Steel Company (Zisco). The announcement was made in the Zimbabwe government’s 2016 budget statement last week by finance minister Patrick Chinamasa.
The steel company, which has not produced since 2008, was the subject of an agreement between India’s Essar Steel and the Zimbabwean government in 2011. The steelmaker and the government entered into a 60:40 joint ventur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous