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Kazakhstan - Latest news GMK Center

Photo – Qarmet exceeded production targets for all key products in 2024
Qarmet exceeded production targets for all key products in 2024

This year, the company plans to produce 3.7 million tons of steel

Photo – Kazakhstan cut steel production by 6.4% m/m in November
Kazakhstan cut steel production by 6.4% m/m in November

During the month, the country's steel enterprises produced 322,000 t of steel

Photo – Kazakhstan plans to launch an iron ore project with reserves of 74 million tons by 2027
Kazakhstan plans to launch an iron ore project with reserves of 74 million tons by 2027

Extraction of raw materials is planned to be completed in 20 years

Photo – Qarmet produced 3 million tons of steel in January-October
Qarmet produced 3 million tons of steel in January-October

The plant has completed a large-scale modernization of equipment, which allowed to increase production volumes and improve environmental standards

Photo – Kazakhstan increased steel production by 15% y/y in October
Kazakhstan increased steel production by 15% y/y in October

The country's steelmakers produced 343.82 ths tons of steel over the month

Photo – Kazakhstan bans export of steel billets and semi-finished products
Kazakhstan bans export of steel billets and semi-finished products

The ban will last six months and is aimed at the development of domestic steel production

Photo – Kazakhstan’s Qarmet has signed a number of agreements with Chinese companies
Kazakhstan’s Qarmet has signed a number of agreements with Chinese companies

The agreements, in particular, provide for the construction of a plant for the production of high-strength cast iron pipes

Photo – Kazakhstan extends ban on scrap exports for six months
Kazakhstan extends ban on scrap exports for six months

The ban will take effect from November

Photo – Kazakhstan increased steel production by 15% y/y in September
Kazakhstan increased steel production by 15% y/y in September

Steel production increased by 5.7% compared to August 2024

Photo – Qarmet increased steel production by 14% y/y in January-September
Qarmet increased steel production by 14% y/y in January-September

Coal production by the Kazakh enterprise during the period increased by 2% y/y

Photo – Kazakhstan increased steel production by 7.3% y/y in August
Kazakhstan increased steel production by 7.3% y/y in August

During the month, the country's steel enterprises produced 341.94 thousand tons of steel

Photo – Qarmet plans to produce 3.5 million tonnes of steel in 2024
Qarmet plans to produce 3.5 million tonnes of steel in 2024

Shipment of products is planned at the level of 3.2 million tons

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