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12 Nov
10:52

BMZ ramps up exports, revenue, enters new markets

Byelorussian Steel Works (BMZ) ramped up export volumes and revenue in the first ten months of the year, the mill says. Exports of steel products in January-October increased by 7.6% on-year to 1.66 million tonnes, generating revenue exceeding $1 billion, an increase of 31.5% on-year, and exceeding full-year-2017 revenue by $50 million. BMZ achieved 9% profit margin in the reporting period, as it ramped up its crude steel output by 5.3% on…
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