The implementation of the State Program for the Development of the Mining and Metallurgical Industry of Azerbaijan for 2027-2030 will be monitored through an electronic system. Prime Minister Ali Asadov signed the corresponding order. The Center for Analysis of Economic Reforms and Communications has been instructed to create a special module on the e-monitoring portal…
Estonia’s first industrial foundry has opened in Kohila, Rapla County, with BLRT Group’s subsidiary BLRT Valukoda investing EUR 14 million in the facility. The new plant also has the potential to fulfill orders for the defense industry. BLRT Group built the most modern cast-iron foundry in the Nordic region in Kohila after demand increased for…
Kazakhstan’s Yonggang Central Asia Iron and Steel (a subsidiary of China’s Fujian Hengwang Investment) plans to build a steel plant in the Jibek Joly Free Economic Zone (SEZ) in Kazakhstan’s Zhambyl region. The expected investment volume is 473 billion tenge ($1.05 billion). The plant’s capacity will be up to 3 million tons of steel per…
Swedish manufacturer Hanza will buy a metalworking plant in Estonia’s Narva, employing 400 people, and will become one of the biggest employers in the eastern border city. Finnish company Fortaco currently owns the metalworking plant and has done so for nearly 20 years. The facility produces heavy engineering components for the forestry and mining sectors.…
Prime Minister Olzhas Bektenov has directed the Ministry of Industry and Construction to formulate additional stimulus measures for Kazakhstan’s metallurgical sector within the next month. Bektenov announced the directive during a government meeting reviewing the country’s socio-economic performance in the first half of 2026. The Ministry of Industry and Construction, together with Tau-Ken Samruk, has…
In January, Uzbekistan manufactured metallurgical products worth 29.2 trillion sums, according to the National Committee on Statistics of Uzbekistan. This represents a 2.1-fold increase compared to the same period in 2025, highlighting significant growth in the sector. Data over recent years show a consistent upward trend in metallurgical output: 4.8 billion sums in 2020, 6.8…
A Diamond Steel plant for the production of aluminum-zinc and non-ferrous coated steel coils is being built in Turkestan region. A 15-hectare plot of land within the Turan SEZ has been allocated for the plant’s construction. The project cost is 41 billion tenge ($84.9 million). The plant is expected to launch in late 2026. Kazakh…
The Ukrainian government is in dialogue with the European Union on maintaining the current conditions for access of Ukrainian metallurgical products to the EU market, Deputy Prime Minister for European Integration of Ukraine Taras Kachka has said during the Forbes Ukraine Exporters Summit. The EU plans to strengthen protection of the domestic market from steel…