The Government of Uzbekistan will establish a dedicated project office to oversee the country’s ferrous metallurgy sector, President Shavkat Mirziyoyev announced during a meeting on the industry’s development.
The new office is expected to begin operations within one month. In addition, the E-lom electronic platform will be launched in early August to monitor the circulation of ferrous metals across the country.
The project office will conduct daily analysis of the steel market, monitor supply and demand for raw materials and finished products, and maintain digital passports for steel products. Through the E-lom platform, all transactions involving ferrous metals will be tracked in real time.
According to the government, the measures are designed to strengthen market oversight, promote fair competition and improve price stability within the sector.
During the meeting, officials also highlighted the role of the Bekabad Metallurgical Plant, which currently produces around 40% of its rolled steel products using recycled scrap metal, while the remaining 60% is manufactured from imported raw materials.
The plant receives approximately 700,000 tonnes of ferrous scrap annually. However, authorities estimate that a further 500,000 tonnes of scrap metal remains outside the formal market, underscoring the government’s efforts to improve transparency and bring the sector under greater regulatory control.
