The sales of steel products via the Belarusian Universal Commodity Exchange (BUCE) went up 4% YoY, to Br334 million in January-March, spokesman for the Belarusian Universal Commodity Exchange Roman Yaniv reported.
“The main driving force behind the growth were three product groups: ferrous metals and their products, coal and cabling and wiring products. Purchases of rolled steel products at trading grew by 5%, to Br266 million. The growth in physical terms was even higher – by 8%. Positive dynamics was secured by domestic oil refineries and construction companies purchasing steel pipes, fittings and steel structures through the exchange,” Roman Yaniv said.
Coal sales increased by 10%, to Br25 million, including through active trading of cement plants and the Belarusian Railways. The sellers were mainly companies from Russia and Kazakhstan.
Sales of cabling and wiring products resumed their growth following a slight decrease after the completion of the main construction works at the Belarusian Nuclear Power Plant. Compared to the same period last year, the amount of transactions on this position increased by 52% and amounted to Br23 million. The last year’s result was exceeded thanks to the expansion of the pool of construction trusts, housing and utilities organizations and enterprises subordinate to the Energy Ministry, which regularly used the exchange platform for purchases. (BelTA/Ukrainian metal)