Zimasco to invest $35 million in new ferrochrome smelter in Kwekwe
2021-09-23 15:03:02 [Print]
Zimasco, a company under Sinosteel, reported that it will invest $35 million in a new ferrochrome smelter at its plant in Kwekwe, Zimbabwe, as it aims to increase capacity by 40% by the end of 2022.
Zimasco, which currently owns large undeveloped land, will see its new furnace's ferrochrome capacity reach 252,000 tonnes from the current 180,000 tonnes. The project will also include the construction of a sintering plant with an annual capacity of 300,000 tonnes.
Zimasco, which currently owns large undeveloped land, will see its new furnace's ferrochrome capacity reach 252,000 tonnes from the current 180,000 tonnes. The project will also include the construction of a sintering plant with an annual capacity of 300,000 tonnes.
Ferro-chrome Cr 60%min, C 0.1%max In warehouse Pittsburgh
Unit:USD/lb Cr
China low carbon ferrochrome producers' suspension number statistics by province by month
Unit: pcs
