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
- Kazakhstan Moves To Ban Imports Of Radioactive Waste
- The Government Says It Has A Plan To Raise Kazakhstanis’ Incomes
- Kazakh Bloggers May Be Fined For Unofficial Political Endorsements
- Kazakhstan’s Average Salary Rose, But Real Incomes Continued To Fall
- KNB Special Forces Bring Four Terrorism Suspects Back To Kazakhstan By Plane
- German Police Open Case Against Fugitive Ex-Prosecutor Duissenov
- Kazakhstani Meat Exports Remain Competitive Despite Uzbekistan’s Subsidies
- Kazakhstan’s Real Estate Market Showed Signs Of Recovery In April
- Fuel And Ore Theft Schemes Uncovered At Kazakhmys Facilities
- Goods Marked “Made In Kazakhstan” To Get Priority Placement On Marketplaces
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
