Belarus: BMZ revenues up in January-October 2017

In January-October Belarus Iron and Steel Works received $969 million.

According to the company statement, innovative products account for some 25% of the volume, with the major part of it produced at bars shop No. 2.

In particular, the company is producing rods for world automobile manufacturers Daimler, Volkswagen, BMW, MAN, etc. (Ukrainian metal)

Belarus: BMZ gets strategic supplier status from top Russian tire maker

The Belarus Iron and Steel Works has been granted the strategic supplier status by the top Russian tire manufacturer Cordiant, BMZ Press Secretary Alexander Olesik reported. The relevant certificate was presented to BMZ representatives during the Supplier’s Day conference in the Russian city of Yaroslavl when the 15th anniversary since the tire maker was established…

Belarus: BMZ reroutes export due to European Commission’s antidumping duty

The Belarus Iron and Steel Works has rerouted its export after the European Commission introduced a five-year antidumping duty on steel rebars, BMZ Deputy Director General Andrei Kulakovsky declared. Reinforcing bars accounted for an average of 12.3% of BMZ’s total export in 2012-2013. The introduction of the antidumping duty was no shock. During the investigation…

Belarus: BMZ to reroute shipments due to European Union’s customs duties

The Belarus Iron and Steel Works will redistribute shipments due to the European Union introducing customs duties on Belarusian reinforcement bars, BMZ Director General Anatoly Savenok declared. He noted: “A strategy has been developed to redistribute our shipments to other target markets. Russia is one of them since the eastern neighbor is gradually recovering.” Polish…

Belarus: BMZ results for Q1 2017

In January-March Belarus Iron and Steel Works sold over 350 thousand tons of metal, up from 296 thousand tons in Q1 2016.

Europe is the BMZ main sales market with 62.3%.

Sales to Russia increased to 33.1%.

The five largest importers of BMZ products are Russia, the Netherlands, Germany, Poland and Lithuania. (Ukrainian metal)