The volume of metal products sold via the Belarusian Universal Commodity Exchange (BUCE) in January amounted to Br90 million, up by 8% YoY, the BUCE press service reported.
Ferrous metals and goods made of them dominated the structure of the sales. These products accounted for 83% of the total trade turnover in the section of metal products. The volume of ferrous metal products sold via BUCE totaled Br75 million, up by 17%. Positive dynamics is attributed to an 11% increase in shipments in physical terms to 32,000 tons as well as growing prices for these products in Russia, from which a lion’s share of ferrous metal is imported. Thus, prices for a number of commodities traded via BUCE rose since prices are on the rise in Russia. Prices for flat steel and steel pipes rose by 4% on the average, with prices for rebars up by 3%. Meanwhile, prices for angle steel and beam steel stayed at the last year’s level.
Apart from ferrous metal products electric technology products sold well via the commodity exchange. In January the sum of deals with these goods reached Br6.6 million, up by 46%.
Rebars made by the Belarusian steel mill BMZ, ferrous and non-ferrous scrap metal complete the top three best-selling goods. In January the export of these products amounted to Br3.4 million, 3.3 times as much as in January 2019. (BelTA/Ukrainian metal)