Uzmetkombinat launches the country’s first production of carbon steel wire
01/05/2019 19:04
Uzmetkombinat launches the country’s first production of carbon steel wire
01/05/2019 19:04
Tashkent, Uzbekistan (UzDaily.com) -- Uzmetkombinat launched the country’s first production of carbon steel wire (rod), the company’s press service reported.
The implementation of this project will make it possible to produce import-substituting products worth at least US$43.7 million a year, to increase the annual export potential of the plant by 30,000-50,000 tonnes of products with a total value of over US$24 million. It will also provide an opportunity to create a base in the country for the development of such new types of production as hardware and tire.
“This project was implemented with the active participation of the managing trust company SFI Management Group and specialists of the plant. Thanks to its implementation, the company will produce 100,000 tonnes of rolled wire and fittings in riots, which later will go to both the domestic and foreign markets for the manufacture of reinforced concrete structures, bridges, the foundation of the roadway, and building cages,” the Tohirjon Azamatov, Uzmetkombinat board of directors, said.
The total cost of the project exceeded US$19 million, while the Chinese company CERI acted as the main process equipment supplier.
“All construction work, installation of mechanical, power, hydraulic, electrical equipment was carried out by specialists of the plant, without the involvement of specialized installation organizations from the outside. The commissioning of the production line for rolled wire gives the second birth to the rolling shop number 2, as it significantly expands the technological capabilities of the 300 mill and ensures the release of new types of products that are in great demand in the country, ” the head of the investment department of Uzmetkombinat Nariman Umerov said.
According to expert estimates, the republic’s need for wire rod exceeds 60,000 tonnes per year, not to mention requests from neighboring countries, many of which simply lack such production. The plant plans to export about 30% of the produced wire rod.
A feature of this project is also the fact that the technological process of production covers the entire cycle of metallurgical processing. As a result, full control over output will be ensured, which will allow to obtain high-quality and export-oriented metallurgical product.
Among the main consumers of products are the largest domestic enterprises - AGMK, Uzbekistan Temir Yollari, Deutsche Cable AG Tashkent, NMMK, Uzbekneftegaz, Uzkabel, Uzkimyosanoat and many others. As for exports, at the first stage it is planned to work out deliveries to Afghanistan, Tajikistan and Kazakhstan.
Uzmetkombinat is the leading enterprise of ferrous metallurgy in the republic. In March 2019, he turned 75 years old. In July 2017, the foreign company SFI Management Group was involved as a trust manager of the state share in the authorized capital of the plant.
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