9,765.12 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)

Uzbek company plans to build a new steel plant in Kazakhstan

Asia Metal Prof LLP, the largest producer of metal products in Uzbekistan, plans to build a $106.9 million plant to produce metallurgical products in the Taraz industrial zone in southern Kazakhstan.

Uzbek company plans to build a new steel plant in Kazakhstan

Uzbek company Asia Metal Prof LLP plans to build a plant worth $106.9 million in Kazakhstan's Taraz industrial zone. The new plant will be engaged in the remelting of ferrous metal, the production of square billets and thin galvanised steel sheets, as well as the production of coil steel with polymer coating.

"Taraz" industrial zone is located in the Zhambyl region, on the territory of the cities of Karatau and Taraz. It covers an area of 185.3 hectares, of which 144 hectares are currently empty.

Negotiations between investors and regional authorities have already started. Representatives of the authorities discussed with the Mayor the conditions for project implementation, including the availability of energy resources, engineering and transport infrastructure.

The Mayor of Zhambyl assured that the municipality will provide comprehensive support to the project and reminded that the construction of the plant must comply with environmental standards.

Land for construction has been allocated and secured in the relevant documents. Work is currently underway to prepare estimates and design documentation.

The Uzbek plant Asia Metal Prof LLP, located in Samarkand, produces galvanised and polymerised metal sheets, pipes and construction profiles.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

Kardemir's 'Power Plant' has been commissioned

Sunday, December 22, 2024

Hasçelik becomes the leader in cold bar exports in 2023

Sunday, December 22, 2024

European car sales decreased by 2% in november

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now