• KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09196 0.77%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 11

Kazakhstan Produced Four Million Tons of Steel In 2023

In 2023 Kazakhstan’s ferrous metallurgy industry produced 4 million tons of steel, 2 million tons of ferroalloys, 2.4 million tons of rolled flat steel, 896,000 tons of reinforcement for construction, and 305,000 tons of steel pipes. Additionally, a metals plant producing fittings with a capacity of 300,000 tons was launched in Taraz. This year will see the launch of two new ferrosilicon production plants with a total production capacity of 330,000 tons. Kazakhstan’s ferrous metallurgy industry produces more than $6.6bn worth of metal products annually, exports more than $5bn worth of products, and employs about 50,000 people, the Ministry of Industry and Construction said on January 31st.  Kazakhstan produces steel, ferroalloys and steel products used in construction, mechanical engineering, energy, and transport. One of the metallurgical industry’s priorities is manufacturing products with high added value, to stimulate the processing of metals inside the country, the ministry said.

Kazakhstan and China to build steel pipe plant in Almaty

ALMATY (TCA) — A plant for the production of large-diameter welded steel pipes will be constructed in Almaty by the end of this year. The relevant investment contract was signed with the support of Kazakh Invest National Company for Investment Support and Promotion, within the framework of which the Chinese investor (a subsidiary of CNPC) jointly with Kazakhstan partners will invest USD 50 million in the project and will create more than 300 permanent jobs in the region. The total cost of the project is USD 100 million, Kazakh Invest said on April 12. This plant will be located on an area of 18.3 hectares in Industrial zone of Alatau district of Almaty. Construction of the high-technology plant will allow to ensure 70% import substitution of pipe products imported to Kazakhstan. The investor notes that up to 1000 temporary jobs will be created in the region during the construction period and more than 300 permanent jobs will be created after the launch of the plant. It is planned that the plant will supply up to 100 thousand tons of high quality pipe products per year. These welded pipes are designed for the transportation of oil, gas, water and petroleum products, and will be used in mining, chemical industry and in energy field. It is also planned to produce anti-corrosion coatings. “We plan to launch the plant in December 2018. Currently, an active construction phase is being implemented. In the future, it is planned to expand production up to 150 thousand tons per year,” Radzhan Nurmukhambetov, Communications Adviser of Asia Steel Pipe Corporation LLP, said. The diameter of steel pipes will be from 355 to 1420 mm. This project was included in the National Industrialization Map of Kazakhstan and in China’s Belt and Road Initiative. Implementation of the project for the production of welded steel pipes was made possible following the meeting of Kazakhstan President Nursultan Nazarbayev and the Chairman of the People’s Republic of China Xi Jinping in 2014, within the framework of which the Program of Complex Strategic Cooperation in oil and gas industry was signed between Kazakhstan’s national oil and gas company KazMunaiGas and China’s CNPC.

Kazakhstan: ferroalloy plant to be built in Karaganda in first half of 2019

ASTANA (TCA) — Development Bank of Kazakhstan (DBK), a subsidiary of the National Managing Holding Baiterek, on March 2 said it has opened a credit line for YDD Corporation LLP in the amount of up to KZT 24.120 billion for a period of 11 years for construction of the first stage of a plant for the production of ferrosilicon in the city of Karaganda with a production capacity of 96,000 tons per year. Continue reading

Astana hosts meeting of Kazakhstan-China Business Council

ASTANA (TCA) — A total of 22 commercial documents worth $7 billion were signed at the fourth meeting of the Kazakhstan-China Business Council (KCBC) held in Astana on June 8. Continue reading

Companies of Kazakhstan’s Samruk-Kazyna fund sign contracts with China partners

ASTANA (TCA) — Portfolio companies of Kazakhstan’s national wealth fund Samruk-Kazyna JSC have signed several agreements with Chinese partners as part of the official visit of Kazakhstan President Nursultan Nazarbayev to China. Nazarbayev was in Beijing to attend the Belt and Road Forum for International Cooperation on May 14-15. Continue reading

Uzbekistan president launches construction of new metallurgical plant

TASHKENT (TCA) — Uzbekistan’s President Shavkat Mirziyoyev visited several industrial enterprises and launched the construction of a new metallurgical plant during his trip to the Navoi province on March 28. Continue reading

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