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Category Archives: Beloretsk Iron and Steel Works

Russia: BMK profit down in January-September 2018

Beloretsk Iron and Steel WorksBy admin20.11.2018Leave a comment

In January-September Beloretsk Iron and Steel Works received 889.9 million rubles of net profit, down by 28.5% YoY. Revenue grew by 10%, to 19.7 billion rubles, including export revenue up by 41.8%, to 4.6 billion rubles, and local sales at 15.03 billion rubles, up by 2.8%. At the same prime cost went up by 16.8%,…

Russia: BMK products certified for delivery to Slovakian construction market

Beloretsk Iron and Steel WorksBy admin08.11.2018Leave a comment

Beloretsk Iron and Steel Works has passed the inspection of the rebar wire and strands manufacture for the compliance with the construction norms. The certificate allows the company to supply its rebars to Slovakia. The inspection has been carried out by Technicky a Skusobny Ustav Stavebny (TSUS). The inspection covered the rebar wire with the…

Russia: BMK investment project to get soft loan

Beloretsk Iron and Steel WorksBy admin06.11.2018Leave a comment

The Fund of Bashkortostan industry development could support the new investment project of Beloretsk Iron and Steel Works on ferrous metals processing. Investments planned might exceed 1.1 billion rubles. As one of the tools of support the company mulls a soft loan of 540 million rubles. The loan at 3-5% is to be paid from…

Russia: BMK named reliable supplier of major bearing plant

Beloretsk Iron and Steel WorksBy admin01.11.2018Leave a comment

Beloretsk Iron and Steel Works has been awarded the title of a reliable supplier by one of the largest bearing works of Russia – Vologda Bearing Plant. The companies have been cooperating since 2004. BMK is supplying bearing wire with the diameter of 0.8 to 1.5 mm to VBP. The wire is used to produce…

Russia: BMK repairs rolling mill

Beloretsk Iron and Steel WorksBy admin19.10.2018Leave a comment

Beloretsk Iron and Steel Works has capitally repaired one of its main shops – the rolling mill-150. Investments in the work totaled 70 million rubles. The mill produces wire rod with the annual capacity of 630 thousand tons. “The mill-150 produces wire rod of 100 steel grades, which is used not only at our shops,…

Russia: BMK construction metal wares sales up in January-September 2018

Beloretsk Iron and Steel WorksBy admin11.10.2018Leave a comment

In January-September Beloretsk Iron and Steel Works increased the sales of metal wares to construction companies. In particular, the sales of cold-formed rebars increased by 28% YoY, steel net – by 26%, and low-carbon wire – by 25%. The sales of ordinary quality wire and cold-drawn bars to produce fasteners increased by 15% and 13%…

Russia: BMK named Perfect Supplier

Beloretsk Iron and Steel WorksBy admin27.09.2018Leave a comment

Beloretsk Iron and Steel Works has been awarded the title of Perfect Supplier by the Uralsky Spring Works. The highest degree of the supplier has been awarded based on the operation in H1 2018. The customer evaluated delivery time, product quality and the presence of the quality management system certificate. The companies have been cooperating…

Russia: BMK confirms certificates for oil and gas steel ropes

Beloretsk Iron and Steel WorksBy admin26.09.2018Leave a comment

Beloretsk Iron and Steel Works has renewed its certificates of the correspondence for steel ropes used in oil and gas industry. In particular, rotary lines have passed the voluntary GOST R certification. Prior to that an audit has been carried out. The auditors have visited steel rope shops, the laboratory, and inspected the rope and…

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