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Markets

Kazakhstan's Jan-Feb copper, steel output up, zinc drops

  • ArcelorMittal owns the country's only major steel mill.
Published March 18, 2021

ALMATY: Kazakhstan's refined copper output rose 2% on-year in January-February and crude steel production jumped 8.7%, while refined zinc production dropped 5.3%, statistics bureau data showed on Thursday.

London-listed copper miner KAZ Minerals and Glencore's Kazzinc account for a large part of Kazakhstan's metals production.

ArcelorMittal owns the country's only major steel mill.

This year, the mill has been exploring new markets after a slump in demand from traditional buyers, the government said.

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