OREANDA-NEWS. November 07, 2011. Uzbek Metallurgy Combine (Uzmetkombinat) open joint stock company will create capacities on production of steel pipes in 2012-2015.

Minprom agency reported quoting Prime said that the project cost is US million.

The combine will produce steel sutureless hot-shaped pipes with the diameter from 25 mm to 426 mm with the pipe wall thickness up to 20 mm. The project cost of the enterprise is 30,000 tonnes a year.

The project will be financed due to loans of the Uzbek banks for US million, loan of the Fund for Reconstruction and Development of Uzbekistan – US million and own funds of Uzmetkombinat – US million.