Kazakhstan

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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

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

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