Kazakhstan has announced a ban on the export of steel billets and semi-finished products, effective December 1, 2024. The move, detailed in order No. 389, signed by the Minister of Industry and Construction on November 11, is set to last for six months. The restriction applies to steel billets (HS 7206) and semi-finished products (HS 7207), and covers all transportation modes.
This measure is aimed at fostering the development of Kazakhstan’s domestic steel production sector, particularly by encouraging the manufacture of steel products with higher added value. By focusing on strengthening local industries, the government hopes to create a more robust domestic market for finished steel products.
In addition to the steel export ban, Kazakhstan has extended its ban on the export of ferrous and non-ferrous scrap for another six months, effective from November 2. The government aims to prioritize the processing of raw materials within the country and stimulate the local steel production capacity.
Kazakhstan's steel industry plays a significant role in its trade relations, with exports of semi-finished products such as billets and pig iron. For example, between January and September 2024, the country exported 11,290 tons of billets and 130,320 tons of pig iron to Turkey. However, the focus now shifts to supporting domestic production and increasing the processing of steel products within Kazakhstan’s borders.
This export ban aligns with Kazakhstan's broader strategy to enhance the steel sector's contribution to the national economy, particularly in terms of GDP growth. Authorities anticipate that this will help create new jobs and elevate the industry’s value-added production.
Kazakhstan's steel production has seen notable growth in recent years. According to GMK Center, steel output increased by 10% in the first nine months of 2024, reaching 3.15mn tons. Additionally, production of flat products surged by 21.2%, totaling 2.26mn tons. This follows a 16.4% increase in overall steel production in 2023, reaching 3.92mn tons, despite a decline in flat product production.
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