ArcelorMittal To Increase Steel Production In Kazakhstan

ArcelorMittal To Increase Steel Production In Kazakhstan

ArcelorMittal wants to increase crude steel production at its plant in Kazakhstan to five million tons by 2021, compared with four million tons in 2016, the plant official said on Monday.

The group wants to invest 250 million dollars this year, told the press Paramjit Kahlon, who also manages the ArcelorMittal plant in Ukraine.

The Kazakh steel plant wants to increase its production to 4.2 million tons this year and to 4.5 million tons in 2018.

In Ukraine, ArcelorMittal plans to invest $ 267 million in 2017 and a billion dollars in total by 2020, he said.

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