3 December 2020
Belarusian steel mill BMZ’s export to Romania nearly 90% up in January-October
GOMEL, 3 December (BelTA) – In January-October 2020 the Belarusian steel mill BMZ exported over 33,000 tonnes of products to Romania, 189% as against the same period of last year, the company’s Press Secretary Aleksandr Olesik told BelTA.
BMZ shipped eight kinds of metal products to Romania. Four of them – rolled structurals, rolled steel products, seamless pipes, and bronze-plated bead wire – demonstrated growth rates varying from 19% to 190%. The increase in sales is attributed to changes on the Romanian domestic market. In particular, the demand for imported metal products in Romania soared due to falling steel production in the European Union caused by counter-epidemic measures. BMZ promptly responded to meet the demand.
In January-October 2020 BMZ’s shipments to Romania were close to $21 million in monetary terms. The figure allowed Romania to get close to the top 10 importers of BMZ products. Russia, Germany, and Israel top this chart this year.
In January-October 2020 BMZ exported over 800,000 tonnes of metal products to 23 countries of the European Union. The figure is on par with last year’s. The steel mill managed to improve sales in Finland, France, Romania, and Austria.
The public joint-stock company (OAO) BMZ, the Management Company of the holding company Belarusian Metallurgical Company (BMC), is a high-tech Belarusian metallurgical enterprise. It comprises infrastructure shops and four manufacturing divisions connected by one technological chain. The divisions focus on steel smelting, mill products, pipe products, hardware items. BMZ exports more than 80% of its output every year.