Kazakhstan reduced steel production by 8.5% y/y in 2022

In December, Kazakhstan's steelmakers reduced steel production by 25.7% y/y

Kazakhstan seeks to increase the capacity of iron and steel industry

Now the share of iron and steel sector in the national GDP is 8.5%

Fincraft Resources and Monnet Group plan to build a ferroalloy plant in Kazakhstan

The total amount of investment in the project will be $125 million

Kazakhstan to start construction of three steel enterprises in 2023

Investments in new projects – a plant for the production of galvanized steel, a pipe plant and a hot-dip galvanizing plant – are expected at the level of $478 million

«Електросталь» у січні-травні збільшила випуск заготовки на 18,4% (с) shutterstock
Kazakhstan to build a new plant for the production of billets

The capacity of the enterprise will be 800,000 tons of products per year

Kazakhstan to extend the ban on scrap exports

The ban on the scrap metal export is expected to be extended for another 6 months in order to meet domestic demand

ArcelorMittal to invest $1 billion in Kazakhstan’s production facilities

Most of the funds are intended to be used to modernize ArcelorMittal Temirtau production

Kazakhstan introduces a ban on scrap exports from May 6

Before the order came into force, goods should be freely exported from Kazakhstan