Dinson Iron and Steel Company’s US$1.5 billion steel plant in Manhize has achieved a 60% operating capacity since production began in July.
The company aims to increase this to 75% by the second quarter of next year, when it plans to start manufacturing steel bars in April 2025. Currently, Dinson is producing pig iron and steel billets, with new products expected to boost capacity utilization.
Located near Mvuma in the Midlands Province, the plant is projected to create an additional 500 jobs by next year. Ultimately, it aims to employ 10,000 people by the final phase of production.
This facility is touted as Africa’s largest steel plant, with 2,200 employees.
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Mr. Wilfred Motsi, the project director, confirmed that steel bar production will begin in the second quarter of next year, contributing to a projected increase in employment to 2,700.
The plant, a subsidiary of China’s Tsingshan Holdings Limited, is set to produce 600,000 tonnes annually in its first phase, increasing to 1.2 million tonnes in the second phase, 3.2 million tonnes in the third phase, and reaching five million tonnes in the final phase to serve both local and international markets.