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Uzmetkombinat launches production of ferro-alloys

29.08.2018

President Shavkat Mirziyoyev visited the city of Bekabad on August 29 and attended the launch ceremony of investment project - the Ferro-alloy production plant. The event saw employees of the enterprise, responsible persons of the sphere, foreign investors.

President Shavkat Mirziyoyev solemnly put into operation the $60mn worth new workshop, which is equipped with modern energy-saving technologies and advanced equipment.

The new workshop was built with the participation of the South Korean company “Posco Daewoo " and is able to produce 25 thousand tons of ferrosilicon and ferrosilicon manganese per year. This will not only meet the needs of the steel industry, but will allow to export an average of 8 thousand tons of ferroalloys per year and ensure the inflow of foreign currency in the amount of $12mn, as well as reduce imports.

UzReport