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16 Января, 2020 10:04

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.

Ferroalloy production grew in Kazakhstan in 2019 | Strategy2050.kz

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

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SMEs will make up at least 50% of the GDP

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