Qarmet targets 5 mln tonnes of steel output by 2028, eyes bus production

September 22, 2026 at 01:40 PM2 min

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Qarmet aims to increase annual steel output to 5 million tonnes by 2028, with 2026 production expected to approach 4 million tonnes. The company is also expanding use of its steel in bus manufacturing at QazTehna in Saran, where a new hydraulic stamping press has been launched.

Key Facts

Qarmet produced 2.3 million tonnes of steel in the first seven months of 2026.
Qarmet's tax payments are expected to reach 150 billion tenge per year, up from 80 billion tenge in 2023.
QazTehna launched Kazakhstan's first hydraulic stamping press with a force of 1,600 tonnes and capacity for up to 12,000 body kits per year.
Investment in the new QazTehna production building exceeded 4 billion tenge, with an area of over 10,000 square metres.
Qarmet will spend 26 billion tenge on environmental projects in 2026-2027.

Steel Output Expansion

Qarmet's strategic goal is to produce 5 million tonnes of steel per year, with 2026 output targeted at nearly 4 million tonnes. Chairman Petr Trushin said the company has installed about 420 units of new equipment and restored around 30,000 square metres of workshop space. The company's tax payments are projected to rise to 150 billion tenge annually, of which 127 billion tenge goes to the local budget and 50 billion tenge to the Temirtau treasury. Workers' average monthly wages increased from 481,000 tenge to 638,000 tenge, and the total wage fund has grown by 100 billion tenge since 2023.

Bus Production Localisation

QazTehna in Saran has launched Kazakhstan's first hydraulic stamping press, with a force of 1,600 tonnes and annual capacity for up to 12,000 body kits. The press uses galvanised steel grade 08KP produced by Qarmet for roof elements, side panels and other bus body parts. A new production building of over 10,000 square metres was constructed for the project, with investment of about 4 billion tenge. QazTehna production director Alexander Mizgulin said the steel was tested in China and approved by brand holders before adoption.

Environmental Investment

Qarmet plans to spend 26 billion tenge on environmental projects in 2026-2027, including filters for roasting furnaces, factories and the thermal power plant. The company has switched blast furnaces and other furnaces to gas, reducing monthly fuel oil consumption from 12,000-13,000 tonnes. Chairman Petr Trushin said the main environmental effect will come from new projects with technologies that reduce atmospheric emissions.