In 2014, a plant for the production of small-section rolled products - EvrazCaspianStal, was commissioned in Kostanay.
The plant was built under the state program of accelerated innovation and industrial development.
This program is filled with exclusive projects, which fully applies to the EvrazCaspianStal plant - it has no analogues in Kazakhstan.
The founders made a decision on the construction of a plant in Kostanay on the basis of an intergovernmental initiative to deepen cooperation between Kazakhstan and Russia - the Russian mining and metallurgical company EVRAZ (65%) and the Kazakhstan holding Caspian Grup (35%).
The location of the plant with a capacity of 450 thousand of rolled steel in the Kostanay region is due to transport and logistics advantages, opening up the market for the company to the Russian Federation and Central Asia.
Today, the plant’s products are sold in Kazakhstan and in the CIS countries (Russia, Ukraine, Tajikistan, Kyrgyzstan).
The plant is built on a modern project and uses advanced technology.
The company produces rebar of A-500SP class, which is considered as unique.
To date, a project is underway to build a second plant for the production of bar steel.
The launch of this production will save the company from additional costs in the form of transportation of raw materials from Russia. Kostanay region has sufficient natural resources (iron ore) for steel production.
During the construction of the plant, the enterprise was provided with state support in the form of preferential financing by the Development Bank of Kazakhstan.
Within the framework of the program “Business Road Map 2020”, the enterprise has been subsidized with an interest rate of 5% per annum and the missing infrastructure has been brought in (railway deadlock).