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In 2024, the world produced 1.86 billion tons of unrefined steel, 1% less than in 2023. 98% of the world’s crude steel production comes from 71 countries reporting to the World Steel Association (Worldsteel), which includes Kazakhstan. Steel remains a backbone material for the global economy, determining the level of industrialization, the rate of infrastructure…
DetailsMore than 50% of workers in Bulgaria’s coal industry are aged 50 or above, a recent skills analysis commissioned by the Ministry of Labour and Social Policy has revealed. The findings raise critical questions about how the country will manage the transition to greener energy sources without sidelining the aging workforce that currently powers the…
DetailsFor the Day of the Workers of the Metal and Mining Industries of Ukraine, Zaporizhstal has awarded professionals, whose achievements in the operation and civil activities have been the greatest. The contribution of Zaporizhzhia metallurgists in the development of the enterprise, the industry and the support of the state economy was marked by corporate awards,…
DetailsAccording to the National Statistical Service, in January-June, trade turnover with Turkiye amounted to $1.46 billion. Imports grew by 0.3% YoY, to $1.29 billion, while exports fell by 29.6%, to $169.82 million. In particular, imports of steel pipes totaled 38210 tons, up by 15.3%. The valued increased by 3.1%, to $29.68 million. (Ukrainian metal)
DetailsKazakhstan plans to double its copper ore output until 2030. This was said by Deputy Minister of Industry and Construction Olzhas Saparbekov at the July 22 government meeting. Speaking at the meeting, Saparbekov said: “The copper ore output will be doubled to up to 300 million tons thanks to three new major deposits Aidarly, Koksai…
DetailsThe Kyrgyz-Mongolian Business Forum was held in Bishkek, the National Investment Agency of the Kyrgyz Republic reported. According to it, agreements were signed, including an agency agreement between Kyrgyzaltyn OJSC and the Central Bank of Mongolia. The parties agreed to process gold-containing raw materials in the form of Dore alloy with subsequent sale. A Memorandum…
DetailsFitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of JSC Almalyk Mining and Metallurgical Complex (AMMC) to BB from BB- with a Stable Outlook. The decision followed Fitch’s upgrade of Uzbekistan’s sovereign rating. The plant was evaluated based on the agency’s criteria for government-related entities (GRE), with high marks given for its economic…
DetailsGold from Kyrgyzstan was sold to Malaysia for the first time, materials of the National Statistical Committee showed. According to its data, 50 kilograms of Kyrgyz precious metal were sold to this country for the first time. In the first five months of 2025, gold from Kyrgyzstan was exported to Great Britain, Switzerland and Turkey.…
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