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Category Archives: Beloretsk Iron and Steel Works

Russia: BMK January 2018 sales up

Beloretsk Iron and Steel WorksBy admin14.02.2018Leave a comment

In January Beloretsk Iron and Steel Works increased shipping of metal wares by 4% YoY, to 37.6 thousand tons. Welding wire for the manufacture of electrodes and low-carbon wire for ferroconcrete structures showed the most increase – by 64% and by 53% respectively. Wire nails sales grew by 48%. Welding alloyed wire sales increased by…

Russia: BMK granted highest supplier category

Beloretsk Iron and Steel WorksBy admin07.02.2018Leave a comment

Beloretsk Iron and Steel Works has been named a “Perfect supplier” by Autopribor, one of the largest spare parts for automobiles manufacturers. The highest supplier category has been granted to BMK for operation in Q4 2017. The companies have been cooperating for a number of years. “The title of the perfect supplier is a high…

Russia: BMK sales up in 2017

Beloretsk Iron and Steel WorksBy admin24.01.2018Leave a comment

In 2017 Beloretsk Iron and Steel Works increased sales of high added valued products. In particular, the highest sales were in spring wire for machine-building and furniture manufacture – by 14%. Rebar threads for bridge construction sales increased by 13%, steel sections – by 10%. Steel wire sales grew by 9%, while welding wire for…

Russia: BMK to get tax preferences for investment project

Beloretsk Iron and Steel WorksBy admin16.01.2018Leave a comment

Beloretsk Iron and Steel Works and the government of the Bashkortostan Republic have concluded an investment agreement on tax preferences for the development of the investment project on the manufacture of multi-thread steel ropes at BMK. The preferences will be provided from 2019 till 2021. And the volume of funds freed from taxes is over…

Russia: BMK assembles new testing equipment

Beloretsk Iron and Steel WorksBy admin26.12.2017Leave a comment

Beloretsk Iron and Steel Works has put in operation a new bearing test bench. The equipment allows finding careless suppliers, decrease expenses on purchases and the number of unscheduled repairs. Ball and roller bearings are the most needed spare parts at BMK – each year the company buys some 30 thousand pieces of bearings at…

Russia: BMK brings 20 new metal wares to the market in 2017

Beloretsk Iron and Steel WorksBy admin21.12.2017Leave a comment

In 2017 Beloretsk Iron and Steel Works has started manufacturing 20 new metal wares: wire, ropes and belt types for various industries. Trial batches have been shipped to customers. In particular BMK has produced a 3.2 mm galvanized wire for a cable company, as well as 6- and 8-strand ropes according to API 9A for…

Russia: BMK surfacing wire test completed

Beloretsk Iron and Steel WorksBy admin11.12.2017Leave a comment

Beloretsk Iron and Steel Works has certified the surfacing wire of high-alloyed steel grades at the National Agency of Welding Control. The first batch of the certified wire will be sent to Blagoveschensk Rebars Works in January 2018. The tests have confirmed that the wire allows obtaining a qualitative and strong surface of machinery parts.…

Russia: BMK investment project to get tax preferences

Beloretsk Iron and Steel WorksBy admin04.12.2017Leave a comment

The Republic of Bashkiria has granted tax preferences to 5 priority investment projects. Among them is the “Organization of the multistrand ropes manufacture”. Beloretsk Iron and Steel Works initiated the project. Investments total 510 million rubles. 68 new jobs will be created. (Ukrainian metal)

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