Qarmet

Last updated
Qarmet
FormerlyIspat Karmet (1995–2004)
Mittal Steel Temirtau (2004–2007)
ArcelorMittal Temirtau (2007–2023)
Founder17 November 1995;28 years ago (1995-11-17)
Headquarters
Temirtau
,
Kazakhstan
Key people
Vladimir Yablonsky (acting general director)
Viktor Gafiulov (acting production director)
Parent Mittal Steel Company (1995–2006)
ArcelorMittal (2006–2023)
Qazaqstan Investment Corporation (2023–present)

Qarmet, previously known as Ispat Karmet, Mittal Steel Temirtau, and ArcelorMittal Temirtau, is a Kazakhstani integrated steel and mining company that owns the Karaganda Metallurgical Plant in Temirtau, Karaganda Region, the largest steel plant in Kazakhstan. [1] Since December 2023, it is owned by the Qazaqstan Investment Corporation. It was previously owned by the transnational metallurgical group ArcelorMittal. According to the rating agency Expert RA Kazakhstan, ArcelorMittal Temirtau JSC ranked 8th in the list of the largest companies in Kazakhstan in 2015. [2] It is divided into three departments: Steel, Coal and Iron Ore.

Contents

History

Logo of ArcelorMittal Temirtau from 2007 to 2023 Arcelor Mittal.svg
Logo of ArcelorMittal Temirtau from 2007 to 2023

Ispat Karmet JSC was formed in the mid-1990s by purchasing the Karaganda Metallurgical Plant (GJSC Karmet) at a closed privatization tender by Ispat International, owned by businessman Lakshmi Mittal. Ispat Karmet JSC was renamed as Mittal Steel Temirtau JSC in December 2004, and ArcelorMittal Temirtau JSC on 6 September 2007. [3]

In January 2018, black snow fell in the city of Temirtau, where an ArcelorMittal plant is located. Local citizens complained that the pollution was caused by an ArcelorMittal plant. A spokesperson for ArcelorMittal explained that the discoloration of the snow was caused by a lack of wind which would otherwise blow the pollution away. [4] [5]

On 17 August 2023, a conveyor belt caught fire at the Kazakhstanskaya mine, killing 5 people and a decision was made to transfer the ArcelorMittal Temirtau facilities to state ownership. [6] [7] Two months later, on 28 October, a fire and explosion occurred at another ArcelorMittal Temirtau facility, the Kostenko mine, killing 46 miners. [8] On 8 December, ArcelorMittal sold its Temiritau facilities to the Qazaqstan Investment Corporation. [9] Four days later, ArcelorMittal Temiritau was renamed Qarmet. [10]

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References

  1. ↑ Елена Бутырина (24 July 2015). ""АрселорМиттал Темиртау" не в состоянии конкурировать по цене с более дешевым китайским и российским импортом. Сегодня производство стали внутри страны обходится компании дороже, чем возможность покупки сырья на рынке". Панорама. Archived from the original on 2016-04-07.
  2. ↑ "АО «АрселорМиттал Темиртау»". Эксперт РА Казахстан. Archived from the original on 2013-01-25. Retrieved 2016-03-24.
  3. ↑ "Проспект выпуска акций" (PDF). afn.kz. Archived from the original (PDF) on 2016-02-02. Retrieved 2016-03-24.
  4. ↑ Abdurasulov, Abdujalil (2018). "Black snow blankets central Kazakh city". BBC News. Retrieved 2018-01-12.
  5. ↑ "Snow is turning black 'because of pollution'". The Independent. 2018-01-12. Retrieved 2018-01-12.
  6. ↑ "В Казахстане более 30 человек погибли в результате пожара в шахте" (in Russian). BBC News Russian. 2023-10-28. Retrieved 2023-10-28.
  7. ↑ "Крупнейшие аварии на "АрселорМиттал Темиртау" за последние 15 лет". Tengrinews.kz (in Russian). 2023-10-29. Retrieved 2023-10-30.
  8. ↑ Service, RFE/RL's Kazakh. "Body Of 46th Victim From Kazakh Mine Fire Recovered". RadioFreeEurope/RadioLiberty. Retrieved 2023-11-01.
  9. ↑ Smolak, Helena; Bertrand, Pierre (December 8, 2023). "ArcelorMittal Sells Temirtau Operations to Kazakh Government for $286 Mln -- Update". Market Watch.
  10. ↑ Yermolenko, Halina (12 December 2023). "ArcelorMittal Temirtau in Kazakhstan is renamed Qarmet". GMK Center.
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