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11 September 2007

BMZ steel output up 4.4% in January-August

In January-August 2007 Byelorussian Steel Works (BMZ trademark) increased steel output by 4.4% up on the same period of last year to a total of 1.54 million tonnes, head of the company’s Economic Planning Analysis Department Anatoly Volkov told BelTA. In line with the current data over the eight months the company turned out 1.2 million tonnes of rolled products (5.3% up on the year), 187,200 tonnes of hardware (16.9% up). The latter includes metal cord, bead wire, wire for high-pressure hoses and other kinds of wires. In January-August 2007 BMZ increased commodity output by 7.5% up on the same period of 2006, manufacturing Br1.9 trillion worth of merchandise, all in all. The company increased export by 38.6% to a total of $873.7 million. The steel mill was founded in 1984. At present national unitary enterprise Byelorussian Steel Works is a major exporter shipping its make to over 50 countries across the globe. Merchandise export accounts for more than 85% of the company’s output. BMZ specialises in cast sections, rolled sections, profiled iron, reinforcing bars, metal cord and other kinds of wire. In July 2007 the company started producing seamless hot-rolled pipes.
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