Uzbekistan Iron and Steel Works has developed a draft law on altering the article No. 219 of the Administrative responsibility Code. The company suggests imposing responsibility for violation of ferrous metals scrap procurement and trade. Since September 2017 the works has been appointed the only authorized company to procure (buy) ferrous metals scrap in Uzbekistan.…
Uzbekistan transferred the state share in the authorized capital of JSC “Uzmetkombinat” to the trust management of SFI Management Group. According to the agreement, all the deputies of the chairman of “Uzmetkombinat” will be appointed and dismissed from their positions by the supervisory board on the proposal of the SFI Management Group. The company will…
Uzmetkombinat will import 157 thousand tons of metal raw materials without paying customs duties. The corresponding decree “On measures to cover additional needs of the Republic in ferrous rolled metal” has been approved by the government. The government has allowed Uzmetkombinat to import 157 thousand tons of metal raw materials till January 1, 2018 without…