【SMM Steel】Kazakhstan & China to build $1.2bn steel mill

Published: Apr 10, 2026 17:03

Save

【SMM Steel】Kazakhstan and China agreed to build a $1.2bn steel mill in Kazakhstan with China's Fujian Hengwang Investment. The mill will have up to 3 Mt/y capacity, create ~2,500 jobs, and serve domestic/export markets. It will use Kazakh gas and iron ore to produce wire, rebar, pipe steel, angles, and sections. The first phase of 1 Mt/y is planned for completion in 2027.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

MMi Daily Iron Ore Report (April 10)

1 hour ago

【SMM Steel】Group Five Pipe secures HSAW steel pipe supply deal from Esnad Al Turuq

【SMM Steel】Group Five Pipe Saudi secured a SAR176m contract from Esnad Al Turuq for a Riyadh water infrastructure project. The deal covers carbon steel HSAW pipes for water transmission systems. The project will be executed at Ras Al Khair. Completion is scheduled by end of May. The financial impact is expected in Q2 and Q3 of FY2026. The award strengthens its position in the regional water infrastructure sector.

1 hour ago

【SMM Steel】Algeria expands steel exports & logistics to boost non-hydrocarbon trade growth

【SMM Steel】Algeria is intensifying export diversification efforts, focusing on steel and logistics. On Apr 7, Béjaïa port exported >8,000 t of rebar, while Djen Djen port signed a partnership with Algerian-Qatari Steel to streamline procedures. Non-hydrocarbon exports hit $5bn in 2023. Exports rose 26% to >$4.3bn in Jan-Sep 2025. In Jan 2026, exports to the US rose 50.3% YoY to $238m. The Djen Djen agreement aims to cut cargo processing times and boost efficiency. Authorities aim to enhance infrastructure and production capacity.

1 hour ago