Kazakhstan Chamber of Commerce in the USA

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ArcelorMittal Temirtau output grows in January-September

Posted on October 23, 2011 by Alex

ArcelorMittal Temirtau, the operator of Kazakhstan’s largest steel mill, said on Monday its steel output rose 15% year-on-year in the first nine months of 2011.

The company produced 2.86 million tonnes of crude steel  from January through  September  of  2011 and plans to raise full-year production to 3.8 million tonnes from 3.3 million tonnes last year.

Rolled steel output increased by 11% year-on-year to 2.42 million tonnes in the first nine months of 2011, while pig iron production rose 13% to 2.43 million tones.

ArcelorMittal Temirtau also plans to upgrade annual capacity at its plant to six million tonnes by 2015, betting on strong demand growth, primarily in the former Soviet Union.

The company supplies more than 50% of its steel to CIS countries and around 35% to Iran.

SOURCE: Kazakhstan Daily News Brief, October 18, 2011

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