The Uzbek government is establishing a special project office to regulate the domestic ferrous metallurgy market and combat illicit scrap metal trading.
President Shavkat Mirziyoyev announced the initiative during an industry development meeting, ordering the new regulatory body to become operational within a month.
To support the office’s oversight capabilities, authorities will launch a real-time electronic monitoring platform called E-lom in August. The system will track all ferrous metal transactions to promote market competition, stabilise prices and tighten industry control.
The project office will conduct daily analyses of the metal sector. Its mandate includes tracking raw material supply...