NEWS AND EVENTS
January 29, 2014
The Uzbek Metalworking Plant (Uzmetkombinat) is one of the most unique enterprises of the country and is the only plant in the field of ferrous metallurgy. It produces metal-roll which then takes shape and becomes a consumer good or a metal ware which is used in major infrastructure and industrial projects.
Last year the company produced 746.2 tons of steel; that number is 1.3% more than it was in 2012. Metal-roll increased 1.1% up to 718 tons. The production of consumer goods has raised by 5%, up to 42.8 billion soum (Currency rates of CB from 29.01.2014 1$=2203.49 soums). Representatives of the plant say that these figures are the results of the ambitious program of modernization and technical re-equipment of the production.
Production increase of the localized products is plant’s one of the main areas of development for the future. In 2013, under the localization program, the plant produced goods worth 173.3 billion soum. It launched the new way of smelting and started the production of several new types of reinforcement elements. Now, the company\'s specialists are working on micro-alloying technology. Such production will be launched in the second quarter of 2014.
In general, Uzmetkombinat reduced production costs by 11.2% or 61.6 billion soum in 2013. 61.1 billion soum were directed on the investment program.
(Source: “Uzbekistan Today” newspaper)