Kazakhstan and China Expand Steel Production with New Deal
Photo: Qarmet
Kazakhstan’s Qarmet has signed a partnership agreement with Chinese companies Shougang and Power China to build a new rolling mill, Orda.kz reports.
The project is part of the Belt and Road Initiative and aims to boost domestic metal production and reduce import dependence.
Shougang will provide technology and design expertise, while Power China serves as an industrial partner. The first production phase — 450,000 tons annually — is set to launch by mid-2026, eventually scaling up to 1 million tons of construction-grade steel (rebar, beams, pipes).
The project focuses on smart, low-emission production. Technical planning and environmental assessments are underway.
Qarmet is also pursuing other strategic projects:
- $301M gas pipeline to cut energy costs and emissions
- New coke oven batteries #8 and #9 ($369M, 1.5M tons/year)
- Mining and beneficiation complex in Karazhal ($511M)
- Expansion into coal-based chemical products (15+ types)
According to Shougang, the goal is to set a new standard for industrial growth in the region by combining Chinese engineering with Kazakhstan’s industrial base.
Original Author: Mariya Kravtsova
Latest news
- Suspect in Theft of $230,000 From Employer Extradited From Greece to Kazakhstan
- Steppe Near Aktau Cleared After Landfill Complaints, but Users Doubt the Problem Is Solved
- Why Markets Are Closing in Kazakhstan, According to the Ministry
- Kazakh Scientists Seek 10 Billion Tenge for Rare Metal Processing Research
- Georgia Becomes New Market for Kazakhstan’s Pork Exports
- Young Kazakhstanis Are Moving Into Trade and Working Overtime
- Russia Promises New Route for Kazakh Oil to Europe After Druzhba Halt
- National Fund Assets Reach $64.6 Billion as Kazakhstan Cuts Withdrawals
- Deputy Complains About Growing Rudeness and Aggression in Kazakh Society
- Deep Purple Plays Kazakhstan’s National Anthem at Almaty Concert
- Court Fines Activist in Case She Calls Politically Motivated
- Central Asian Leaders Back International Day for the Aral Sea and Its Main Rivers
- Kazakhstan Tightens Rules on Bank Loans to Related Parties
- Kyrgyz MP Reports Attacks on Kyrgyz Cars in Kazakhstan
- AI to Be Used to Monitor Methane Leaks in Kazakhstan
- Nuclear Power Could Cost Kazakhstanis Up to $0.19 per kWh, Expert Says
- Tokayev Criticizes Selective Use of the UN Charter
- Kazakhstan Plans to Print National ID Numbers on Pharmacy and Clinic Receipts
- Tokayev Says Snow Leopard Numbers in Kazakhstan Have Recovered
- Illusion of Stability: Expert Says Housing in Kazakhstan Could Rise in Price by Fall
