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    World

    Russian Evraz Steel Box targets Uzbekistan for 2024 construction market expansion

    Russian Evraz Steel Box targets Uzbekistan for 2024 construction market expansion

    Evraz Steel Box, a prominent player in the steel industry, announced its intention to penetrate the Central Asian market, with a specific focus on Uzbekistan, in 2024. The decision to venture into Central Asia, particularly Uzbekistan, is driven by the immense potential for the growth of rapidly constructed buildings in the region.

    Photo: Russian Evraz Steel Box targets Uzbekistan for 2024 construction market expansion 
    Source: TASS

    Over the past two decades, the population in this area has grown two-fold, leading to a surge in construction demand. Another factor favouring this expansion is the synchronization of building standards between the regions, a feature not common in other countries.

    Lazutkin emphasized that the company’s supply geography would evolve based on market requirements, indicating a flexible business approach.

    About Evraz

    Evraz Steel Box is part of the Evraz Steel Building ecosystem, which includes Evraz Steel Building, Evraz Steel House, and the Evraz Steel Engineering portal. Evraz is a globally recognized, vertically integrated steel and mining company with operations in Russia, the United States, Canada, the Czech Republic, and Kazakhstan. It ranks among the world’s top steel producers. However, it’s worth noting that the Evraz Mining and Metallurgical Company has been under UK sanctions since May 2022.

     

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    29.02.2024, 16:01   Comments (0)   2174
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