Baku, Azerbaijan, Feb. 20
By Nigar Guliyeva – Trend:
In 2017, Kazakh companies extracted iron ore worth 242.7 billion tenge, which is 25.9 percent more than in 2016.
Of the total volume more than 88 percent accounted for Kostanay region (214.4 billion tenge, an increase of 23.4 percent), 10.3 percent - Karaganda, and 1.1 percent - Akmola.
In the key "iron" areas, the largest producer was ArcelorMittal Temirtau, whose iron ore department is represented by a subsidiary - Orken LLP. The department unites mining enterprises of the iron ore sector of the corporation in these three regions.
Volumes of ferrous metallurgy has also shown growth, as its production increased by 37.8 percent per year in money terms up to 1.55 trillion tenge. The production is concentrated in Karaganda (42.3 percent), Pavlodar (31.5 percent) and Aktobe (19.1 percent).
In the processing sector of ferrous metallurgy, output of flat steel increased by 2.2 percent year-on-year, ferroalloys - 7.2 percent, unrefined steel - 9.4 percent, bars and bars of alloy steel - 26.2 percent, sandwich panels - 34.8 percent, profiles and corners of non-alloy steel - more than 3.1 times.
The export of iron ores and concentrates grew by 12.5 percent in volume terms and 31 percent in value terms over the year.
The processing sector of ferroalloys exported 4.2 percent more than a year earlier, in tons, and 57.5 percent more - in terms of value, flat-rolled products - 10.5 percent in tons, and 44.1 percent in terms of value, scrap of black metal and charge ingots - by 10.5 percent in terms of volume, and by 88.3 percent - in terms of value.
The decrease was recorded only for such export positions as the radiators (16.4 percent in money terms) and sanitary equipment (6.9 percent).
The export of iron ore and concentrates grew by 12.5 percent in terms of volume and 31 percent in terms of value over the year.
The processing sector of ferroalloys exported 4.2 percent more than a year earlier, in tons, and 57.5 percent - in terms of value, flat-rolled products - 10.5 percent in tons, and by 44.1 percent in terms of value, scrap of black metal and charge ingots - 10.5 percent in terms of volume and 88.3 percent - in terms of value.
The official rate for Feb. 20 is 319.32 KZT / USD.