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President Shavkat Mirziyoyev is holding a meeting on priority tasks aimed at advancing the ferrous metallurgy industry to a new stage of development.
It was noted that in order to shift the economy to a model of technological and innovative growth and increase gross domestic product to 240 billion dollars by 2030, annual growth of at least 8–9 percent must be ensured.
At the same time, it was pointed out that the industry remains dependent on imports, while production costs and energy consumption are high, and the results of introducing digitalization and artificial intelligence are still insufficient.
It was especially emphasized that amid global tensions and logistical problems along major transport corridors, strengthening the raw material base of ferrous metallurgy, expanding the product range, and improving product quality are more urgent than ever.
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