According to Minister of Industry and Construction Kanat Sharlapayev, the metallurgical industry in Kazakhstan rose by 4.3% in the first quarter of 2024. The ministry is now expecting that companies such as Qarmet, KSP Steel, Shymkent Temir, Ferrum Vtor, Kazferrostal and Forever Flourishing (Middle Asia) Pty LTD will support the industry’s further growth.
The combined amount of products produced by steel companies is expected to grow from 3.9 million tons to 4 million tons, flat-rolled products from 2.5 million to 2.6 million tons and cast iron from 2.9 million to 3 million (by Qarmet).
The agency predicts an increase in...