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 Temirtau (; ) is a city in the Karaganda Region of Kazakhstan. The population was 170,481 in the 1999 census, rising to 210,590 in 2015. The city is located on the Nura River (the Samarkand Reservoir), northwest of Karaganda. History The first ...

Karaganda Region Karaganda Region (; ) is a region of Kazakhstan. Its capital is Karaganda. The region borders Akmola and Pavlodar Region to the north, Abai Region to the east, Jetisu, Almaty, and Zhambyl Regions to the south, and Kostanay and Ulytau regio ...

, the largest steel plant in Kazakhstan. Since December 2023, it is owned by the Qazaqstan Investment Corporation. It was previously owned by the transnational metallurgical group

ArcelorMittal ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 millio ...

. According to the rating agency Expert RA Kazakhstan, ArcelorMittal Temirtau JSC ranked 8th in the list of the largest companies in Kazakhstan in 2015. It is divided into three departments: Steel, Coal and Iron Ore.

History

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 Lakshmi Niwas Mittal (; born 15 June 1950 in Sadulpur, Rajasthan, Sadulpur, Rajasthan, India) is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company ...

. Ispat Karmet JSC was renamed as Mittal Steel Temirtau JSC in December 2004, and ArcelorMittal Temirtau JSC on 6 September 2007. 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. 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. Two months later, on 28 October, a fire and explosion occurred at another ArcelorMittal Temirtau facility, the

Kostenko mine Kostenko mine () is an underground coal mine in Kazakhstan, located in the city of Karaganda Karaganda (, ; ), also known as Karagandy (, ; ; ) (also sometimes romanized as Qaraghandy), is a major city in central Kazakhstan and the capital o ...

, killing 46 miners. On 8 December, ArcelorMittal sold its Temiritau facilities to the Qazaqstan Investment Corporation. Four days later, ArcelorMittal Temiritau was renamed Qarmet.

References

{{reflist ArcelorMittal Steel companies of Kazakhstan Mining companies of Kazakhstan Manufacturing companies established in 1995 1995 establishments in Kazakhstan