Export by Belarusian steel mill BMZ 42.7% up in January-April
GOMEL, 31 May (BelTA) - In January-April 2017 the Belarusian steel mill
BMZ exported 578,900 tonnes of metal products worth $283.4 million. In
monetary terms the export growth rate totaled 142.7% as against
January-April 2016, the company?s Press Secretary Alexander Olesik told
The company reported the largest increase in the export of seamless
hot-rolled pipes (190.8%) and fasteners (140.2%). Thanks to the active
marketing and sales policy the Zhlobin-based company ships metal products
to customers in a timely manner. In early May the stock in storage dropped
to the lowest figure on record in the last few years ? 6.9% of the average
About 60% of the products the company makes is sold via the BMZ
proprietary distribution chain, which comprises over 15 joint ventures,
trading houses, and distributors in countries located all over the world.
The largest consumers of products made by BMZ and sold via the proprietary
distribution chain include Russia, Netherlands, Germany, Poland, and
Lithuania. Russia accounts for 33% of the sales.
At present BMZ?s manufacturing facilities are operating at 100% of their
capacity. The company has enough contracts for Q2 and Q3 2017 for most of
the products it makes. The order queue is full till the end of the year
for products like metal cord, bead wire, wire for high-pressure hoses, and
several kinds of rolled steel products for automobile and mechanical
Belarusian Steel Works (BMZ for short) was founded in 1984. The steel mill
specializes in cast bars, profiled iron, rolled steel, reinforcing bars,
pipes, metal cord, wire for high-pressure hoses, and other kinds of wire.
The company exports over 80% of the output.