A new $839 million casting and rolling complex has come on stream at the Uzmetkombinat steelworks. This is the country’s first project that will enable the production of hot-rolled sheet steel, which is in high demand in the industrial sector. Uzbekistan’s President Shavkat Mirziyoyev took part in the launch of the new line, according to Gazeta.UZ.
The plant is expected to produce 1 million tonnes of products annually, with a total value of 8 trillion soums. The new capacity will fully meet the needs of the large steelworks in Tashkent and Samarkand, as well as helping to create 1,200 additional jobs.
The next stage in the development of ‘Uzmetkombinat’ will be a complete transition to its own raw material base. Uzbekistan possesses significant iron ore reserves, estimated at 1.5 billion tonnes. A series of measures is planned to ensure the effective use of these resources:
As reported by GMK Center, Uzmetkombinat plans to build a blast furnace with a capacity of 600,000 tonnes of pig iron per year. The project is estimated to cost $180 million, with implementation scheduled for 2026–2028. It is expected that launching in-house production will enable the replacement of imports worth up to $210 million.
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