Kazakhstan reduced steel production by 12.2% y/y in June

Flat steel production fell by 53.2% y-o-y during the month

Kazakhstan’s steel enterprises reduced steel production by 12.2% in June 2025 compared to June 2024, to 358,790 tons. Compared to the previous month, the figure decreased by 1.4%. This was reported by Kallanish with reference to data from the statistical committee of the Ministry of Economy.

Flat steel production fell by 53.2% y/y and 1.4% m/m – to 225.46 thousand tons.

During January-June, steel production in Kazakhstan increased by 2.3% compared to the same period in 2024, to 2.14 million tons. Rolled metal production for 6 months fell by 10% y/y, to 1.43 million tons.

In 2024, Kazakhstan increased steel production by 9.5% compared to 2023, to 4.17 million tons. Flat steel production last year increased by 18.2% compared to 2023, to 2.9 million tons.

The Kazakh metallurgical plant Qarmet exceeded its production plan for the year by 15% for pig iron, 15% for steel, 18% for coke, 12% for sinter, and 17% for the bar rolling shop. The improved performance of this key industry player has a positive impact on the country’s overall production volume.

In the first quarter, Qarmet’s steel production increased by 30% year-on-year, and product shipments by 23% year-on-year. Overall, the company plans to produce 3.7 million tons of steel in 2025.

Last year, Qarmet and the Chinese company Xinxing Ductile Iron Pipes Co agreed to build a cast iron pipe plant in Kazakhstan. The plant’s design capacity will be 200,000 tons per year, and the total investment will be $161 million.

The company also signed a $1 billion agreement with China Metallurgical Group to establish long-term and comprehensive cooperation in the iron and steel industry.