Tokayev Reviews Modernisation at Qarmet Steel Plant in Temirtau

Kazakhstan's President Kassym-Jomart Tokayev visited the Qarmet metallurgical plant in Temirtau, where a large-scale modernisation is under way. He reviewed the construction of new coke batteries, the renewal of steelmaking production and a modern long-products rolling complex. The President also met steelworkers and stressed the importance of workplace safety and the social responsibility of business.

The modernisation of the enterprise is planned at $3.5 billion through 2028. After a change of shareholder, Qarmet has returned to net profit, with revenue of 1.1 trillion tenge last year. Two of the three converters were overhauled in 2024. Coke batteries No. 8 and No. 9 are expected to produce 1.5 million tonnes of dry coke a year, with launch planned for 2027.

Tokayev also presented state awards to employees. By the end of 2029, about 6.5 trillion tenge is planned for upgrading infrastructure, from roads and power plants to schools, hospitals and sports facilities.