Kazakhstan - Latest news GMK Center

The team was introduced to a new investor who took on production and social obligations

The new investor will be Allur Group, headed by Andrii Lavrentiev

The investor and the value of the contract will be named after all documents are signed

In January-October, the country's steelmakers increased steel output by 12.6% y/y

The company estimated its assets in the country at $1.8 billion

After this, the state does not intend to attract foreign investors

After the fatal accident on October 28, the authorities suspended investment cooperation with AMT

The decision was made in order to alleviate the shortage of scrap experienced by steel enterprises

In September, the country's steelmakers increased steel production by 0.2% y/y

The relevant ministry notes that the change of investor cannot be forced

Negotiations are currently underway with the Russian metallurgical company Severstal

Compared to June, steel production fell by 6.1%