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12 Jan
16:26

BMZ hikes revenue despite EU anti-dumping duties

Byelorussian Steel Works (BMZ) increased revenue 30% on-year in 2017 to $1.2 billion despite the introduction of EU anti-dumping duties on rebar, according to BMZ general director Anatoly Savenok. BMZ sold more products domestically in 2017 thanks to industrial production growth in Belarus, although exports still comprise 85% of sales. Most of BMZ’s exports are destined for the EU, while Russia consumes 23% of output. Other top export destinations in 2017 …
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