New steel factory to appear in Kazakhstan

A new steel factory will be built in the Southern Kazakhstan until the end of 2015, the press service of Akimat (regional authorities) of the Southern Kazakhstan region reported on February 3.
The steel factory will be built in Ordabasy district on the territory of the Kazakh-Turkish industrial zone and will produce up to 150,000 tons of pump housings and steel sheets per year.
The factory’s products, which will be sold on the local market, are also planned for export in the near future.
The iron and steel industry of Kazakhstan fabricates about 12.5 percent of domestic industrial output and ranks amongst the 30 largest steel producing countries.
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