Nazarbaev and Mittal have discussed the role of ArcelorMittal in the economy of Kazakhstan
The company’s participation in the development of the country’s economy and perspectives of its activity taking into account current state programs of Kazakhstan were discussed at the meeting of the President, N. Nazarbaev, with the CEO of Arcelor Mittal, L. Mittal.
The operation of Arcelor Mittal in Temirtau was approved and the necessity of its stable functioning in the world economy emphasized. ArcelorMittal Steel Temirtau OJSC is a large mining and metallurgical company in Kazakhstan. The production capacity of the plant is 4 mln tons of steel a year. The company also works at 8 coal mines in the Karaganda region and 4 iron ore enterprises in the Central and Northern parts of Kazakhstan.