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Baseefa Ltd

ArcelorMittal Kazakh plant reduces output after fatal fire

18 May 2012

ArcelorMittal has reduced production at the main steelmaking unit of its plant in Kazakhstan after a fire killed two people on May 15, according to Reuters. The company said the fire in the sinter plant that feeds the blast furnaces had been contained after burning for more than three hours.

ArcelorMittal Temirtau is one of the largest steel mills in the former Soviet Union
ArcelorMittal Temirtau is one of the largest steel mills in the former Soviet Union

ArcelorMittal Temirtau, the Kazakh unit of the world's largest steel maker, said in a statement: "Production at the main workshops of the metallurgical plant - sinter production, blast furnaces and steel melting - has been reduced until the effects of the accident are eliminated. The other workshops are working as normal."

It gave no details as to the extent of any possible output losses and said an investigation was under way to determine the cause of the fire.

ArcelorMittal Temirtau, which runs one of the largest steel mills in the former Soviet Union, produced 3.68 million tonnes of crude steel last year, up from 3.34 million tonnes in 2010.

The company is planning a $328 million capital expenditure programme this year at the plant in central Kazakhstan, where veteran President Nursultan Nazarbayev once worked before rising through the ranks of the Soviet Communist Party.

The mill sells more than half of its steel within the former Soviet Union, although a large portion - up to 35 percent - is traditionally sold to Iran, where Western sanctions on financial transactions have made it tougher to trade this year


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