Kazakhstan: Copper Output down 14.5% YoY in Q1, Crude Steel Output down 15.3% YoY in Q1

Published: Apr 19, 2023 16:59
According to foreign news on April 18, data released by Kazakhstan's statistics office on Tuesday showed that copper cathode production in the first quarter fell 14.5% year-on-year to 104,734 mt.

According to foreign news on April 18, data released by Kazakhstan's statistics office on Tuesday showed that copper cathode production in the first quarter fell 14.5% year-on-year to 104,734 mt, while production in March was 37,443 mt, up 20.2% from 31,158 mt in February, but down 13.4% from the same period last year.

Data show that refined zinc production in Kazakhstan rose slightly by 0.1% year-on-year to 74,167 mt in the first quarter, while production in March was 31,736 mt, up 46.3% from 21,698 mt in February and up 29.1% from a year ago.

Kazakhstan's first quarter crude steel production dropped 15.3% year-on-year to 923,324 mt; production in March was 337,374 mt, up 27.6% from 264,429 mt in February, but down 11.7% from a year ago.

Kazakhstan's first-quarter alumina and unwought aluminum production dipped 10.1% year-on-year to 364,091 mt; March production was 133,625 mt, up 14.3% from 116,889 mt in February, but down 8.4% from a year ago.

Ferroalloy production in the first quarter declined 9.0% year-over-year to 442,134 mt; March production was 163,177 mt, up 19.4% from 136,612 mt in February, but down 7.7% from a year ago.

Copper miners KAZ Minerals and Kazzinc, a subsidiary of Glencore, account for a significant portion of Kazakhstan's metal production.

ArcelorMittal owns the country's only large steel plant.

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
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
10 hours ago
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Read More
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan
10 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
10 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Read More
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.
10 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
10 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Read More
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."
10 hours ago