China’s Tsingshan Holding Group

China's Tsingshan Holding Group has commenced production at its $1 billion steel plant in central Zimbabwe. Reuters reports that the plant, operated by Tsingshan's Dinson Iron and Steel Company, will produce 600,000 metric tons of carbon steel annually in its first phase. Project director Wilfred Motsi announced that pig iron production has begun, with carbon steel production set to start in July.