Kazakhstan

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ArcelorMittal Temirtau will undergo an environmental audit following an industrial accident

Last week, there was a coke release in the company's blast furnace

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ArcelorMittal Temirtau increased the capacity of sheet rolling shop №1

The plant reached the maximum production rate in the last ten years – 42 thousand tons of sheet steel per month

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Kazakhstan increased steel production by 6.4% m/m in April

In January-April, the country's steel enterprises reduced steel production by 11.3% y/y

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Kazakhstan has extended the ban on the export of scrap metal for another 6 months

The ban applies to all types of ferrous scrap, but does not include alloyed or corrosion-resistant scrap

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Kazakhstan reduced steel production by 11.7% y/y in March

Flat rolled production in March 2023 decreased by 8.6% year-on-year

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Kazakhstan reduced steel production by 24.3% y/y in February

Flat rolled production in February 2023 fell by 9.5% year-on-year

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

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

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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%

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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

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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

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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

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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

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