Ferroalloy production grew in Kazakhstan in 2019
Last year the country produced 2.02 million tons of ferroalloys (+ 6.3% within the year). Of these, 34.3%, or 693.9 thousand tons (+ 5.6% within the year), were produced in Aktobe region, and 62.9%, or 1.27 million tons (+ 6.9% within the year) in Pavlodar region, Energyprom.kz informs.
86% of the total ferroalloys volume was ferrochrome with the output amounting to 1.74 million tons in January – November 2019 - 7.7% more than a year earlier. Ferrosilicon manganese made up 5.5%, or 110.5 thousand tons (minus 12% per year).
The country’s main producer of ferroalloys is KazChrome TNC, among the company’s formations are Aksu (Pavlodar region) and Aktobe (Aktobe region) Ferroalloy Plants, as well as the Donskoy Ore Mining and Processing Plant and Kazmarganets Mining Enterprise.
KazChrome is building a plant for processing slag and refined ferrochrome in Aktobe region, with the planned output of 500 thousand tons of slag and 10 thousand tons of refined ferrochrome per year.
In 10 months of 2019, three fourths of ferroalloys produced in the country were exported.
Between January – November, exports of ferroalloys totalled 1.55 million tons, and $1.7 billion in monetary terms. The growth of export deliveries in tons amounted to 6.7%, however, in money terms, the indicator decreased by 14.4%.
The main importers of Kazakhstan ferroalloys include China, Japan, Korea, Russia and the USA.
According to Chairman of the Board of QazIndustry Center for Industry and Export Alisher Abdykadyrov, half of the exports of the manufacturing industry of Kazakhstan fall on only six products, including ferroalloys (ferrochrome).
Photo: inbusiness.kz
-
30 years since independence: milestones to remember -
No sugarcoating: concerns over sugary drink taxes are overblown -
Nearly half a million lives saved by COVID-19 vaccination in less than a year -
Swiss investments in Kazakhstan reach $28.2 billion over 15 years -
International organizations in Kazakhstan join global campaign against gender-based violence -
Kazakhstan’s economy recovering from the COVID pandemic and oil market shock, says IMF -
Global COVID-19 digest: lockdown in Austria, fifth wave in France -
Danish companies on visit to Kazakhstan to discuss cooperation in agriculture -
Kazakh government, World Bank explore investment policy to achieve carbon neutrality -
Vegetarian lifestyle in Kazakhstan: paradox or trend? -
Cutting-edge crafts from Central Asian artists to be featured in NYC Jewelry Week 2021 -
UNDP harnesses green energy to reduce its carbon footprint in Kazakhstan -
Minister of Trade and Integration in Washington to boost trade and investments -
Global COVID-19 digest: protests in New Zealand, tougher restrictions in Austria -
Unity in Diversity: youth in Kazakhstan, values and expectations