Kazakstan’s trade surplus rises to $7.7 bln in Jan-Feb

April 13. Reuters. ALMATY

Kazakstan's trade surplus rises to $7.7 bln in Jan-FebKazakhstan’s foreign trade surplus grew to $7.7 billion in January-February of this year fom $5.4 billion in the same month of 2010, the State Statistics Agency said on Wednesday.

Exports, predominantly oil and metals, grew by 36.0 percent year-on-year to 11.56 billion, while imports expanded by 22.4 percent to $3.8 billion.

Russia remains Kazakhstan’s main trading partner and accounted for 10.6 percent of all Kazakh exports in the first two months of this year and for 41.8 percent of all imports.

Following are data supplied by the State Statistics Agency:

FOREIGN TRADE BALANCE OF KAZAKHSTAN ($ millions)

Jan-Feb 2011 Jan-Feb 2010
Exports 11,556.3 8,495.8
Imports 3,832.2 3,131.0
Balance +7,724.1 +5.364.8

http://af.reuters.com/article/metalsNews/idAFLDE73C02W20110413

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Kazakhstan boosts steel production 36pct YoY in Q1

Apr 13. SteelGuru

Interfax quoted the State Statistics Agency said Kazakhstan produced 1.235 million tonnes of crude steel in Q1 2011 up by 36.5%YoY.

Output of flat steel products grew 21.3% to 794,820 tonnes. Kazakhstan produced 57,853 tonnes of tin-plate and tin-plated sheet up by 18.7% and 154,361 tonnes of galvanized steel and up 9.9%.

Ferroalloy production rose 0.1%YoY to 419,178 tonnes. Crude iron ore production rose 3.2% to 12.14 million tonnes, manganese ore production rose 6.4% to 638,000 tonnes and chrome ore grew 7.5% to 1.33 million tonnes.

Kazakhstan raised iron ore pellet production 2.7%YoY in Q1 to 2.228 million tonnes.

http://www.steelguru.com/russian_news/Kazakhstan_boosts_steel_production_36pct_YoY_in_Q1/200162.html

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