Global steel giant
ArcelorMittal has announced that its South African unit
ArcelorMittal South
Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across
Zambia. More than 120,000 mt of
rebar will be shipped to
Zambia over the next five to seven years.
ArcelorMittal's long term strategy is to supply steel for future hydroelectricity projects at Kafue Gorge in
Zambia, Kariba South Bank in Zimbabwe and Kabompo in the northwest of
Zambia, starting in 2014. The company also plans to expand its presence into other African overland countries including Botswana, Malawi, Mozambique and Namibia.
Gert Dercksen,
ArcelorMittal South
Africa sales manager, said that supply of the correct sizes and quality of steel, at the right time to prevent any delays is critical to the success of the project.