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    Kazakhstan

    Kazakhstan’s metallurgy sector makes up 40% of manufacturing output

    Kazakhstan’s metallurgy sector makes up 40% of manufacturing output

    Metallurgy continues to serve as the backbone of Kazakhstan's manufacturing industry, accounting for 40.1% of the sector’s total output, according to data presented at a recent government meeting chaired by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin.

    Source: Official information resource of the Prime Minister of Kazakhstan
    Source: Official information resource of the Prime Minister of Kazakhstan

     

    During the meeting of the headquarters for ensuring economic growth, officials reviewed performance indicators for the first half of 2025 and discussed strategies to maintain momentum in the industry. Despite a high baseline set in 2024 — when the sector saw its highest growth in a decade at 6.9% — the metallurgical industry posted a modest 0.1% increase in physical volume index in the first half of 2025.

    Industry experts say the main limiting factor is the near full utilization of production capacity, which now stands at 90–100% across major enterprises. To address this, a roadmap has been developed and is already yielding results, according to Vice Minister of Industry and Construction Olzhas Saparbekov.

    Key milestones include the completion of restoration works at the Zhomart mine and an increase in zinc concentrate shipments from the Aktobe Copper Company to Kazzinc, one of the country’s leading metallurgical firms. In addition, KAZ Minerals has significantly ramped up domestic supplies of copper concentrate, a move expected to enhance in-country processing volumes by year-end.

    Deputy Prime Minister Zhumangarin instructed the Ministry of Industry and Construction to work closely with regional akimats and enterprise managers to resolve production bottlenecks and ensure steady growth.

    Earlier, Kazakhstan’s food production saw a 10% increase in the first half of 2025, reaching KZT 1.8 trillion ($3.4bn) and exceeding official growth targets. The food and beverage sector now accounts for 17.2% of total manufacturing output, ranking third after metallurgy and mechanical engineering.

     

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    20 July, 14:00   Comments (0)   91
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