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Economy 15/09/2011 Uzmetkombinat produces 534,500 tonnes of steel in Jan-Aug
Uzmetkombinat produces 534,500 tonnes of steel in Jan-Aug
Tashkent, Uzbekistan (UzDaily.com) -- Uzbek Metallurgy Combine (Uzmetkombinat) open joint stock company increased production of steel by 1.2% year-on-year in January-August 2011 to 534,500 tonnes.

Metal Supply and Sales reported that production of ferrous metal roll grew by 1.3% year-on-year in the reporting period to 494,700 tonnes.

Uzmetkombinat has been established in line with the resolution of the Cabinet of Ministers of Uzbekistan No. 159 from 24 March 1994 through re-organization of the state enterprise.

The enterprise specializes on processing ferrous metal scraps, production and realization of special iron, as well as other metal products and consumer goods.

Shareholders of Uzmetkombinat are the government (71.91%), labour (10%), National Bank of Uzbekistan for Foreign Economic Activity (3.85%), Avtosaninvestsavdo (3.85%), Navoi mining and metallurgy combine (3.85%), Almalyk mining and metallurgy combine (3.85%) and other individuals (2.69%).

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