The right of the exclusive purchaser (monopsony) of JSC "Uzmetkombinat" and JSC "Uzvtortsvetmet" for the procurement (purchase) of scrap of ferrous and non-ferrous metals will be revoked03.07.2020
The Government portal has published (https://regulation.gov.uz/uz/document/19463) a draft of the Presidential Decree "On the abolition of exclusive rights, individual tax and customs benefits, preferences granted to individual business entities that negatively affect the competitive environment" This draft document provides:
the abolition of monopsony (rights of the exclusive purchaser) of “Uzmetkombinat” JSC and “Uzvtortsvetmet” JSC on the procurement (purchase) of scrap of ferrous and non-ferrous metals;
the establishment of an independent entity for the purchase of scrap ferrous and non-ferrous metals by the allocation of specialized branches of “Uzmetkombinat” JSC and “Uzvtorsvetmet” JSC with the necessary transport and special equipment, a building and infrastructure for the reception of scrap of ferrous and non-ferrous metals;
the sale of scrap ferrous and non-ferrous metals by the newly created enterprise exclusively at commodity exchange with ensuring equal access to raw materials for all manufacturers of metal products;
the removal of restrictions for entities on the processing of scrap and waste of ferrous and non-ferrous metals generated as a result of production activities at our own facilities or on a tolling basis at specialized manufacturing enterprises.
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