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The Uzbek steel industry is considering adopting Iran's experience in electric arc furnaces and direct reduction processes, showing particular interest in Iran's PERED direct reduction technology. L415 steel This technology reportedly uses natural gas to reduce iron oxide pellets or lump ore into sponge iron suitable for steelmaking.
Currently, Iran International Engineering Corporation (IRITEC) and the Tehran branch of the Düsseldorf-registered Mining and Metallurgical Engineering Company (MME) possess the capability to construct such natural gas direct return furnaces. The Iranian General Company for Mining and Metallurgical Development (IMIDRO) also hopes to expand its cooperation with Uzbekistan. In late August, IMIDRO signed a memorandum of understanding with the Uzbekistan Metallurgical Association, planning to apply relevant Iranian technologies in future projects. L415 steel Furthermore, Uzbekistan plans to purchase approximately 300,000 tons of Iranian steel this year, significantly higher than the 36,200 tons imported from Iran in 2024, but still only about 15% of its annual import volume of 1.7 to 2 million tons.
A potential focus of cooperation is the 1 million-ton-per-year continuous casting and rolling complex project being built by the Uzbekistan Metallurgical Plant in Bekabad. L415 steel The accompanying hot iron blast furnace (HBI) unit will provide high-quality feedstock for its 120-ton electric arc furnace. The project is currently in the commissioning phase.
However, some industry insiders point out that these collaborations may be affected by the external environment. Current international sanctions and potential new restrictions could introduce uncertainty in financing and settlement, thus posing challenges to project implementation.
