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25 Jul
08:41

BMZ crude steel production surges 129.1% in Q2

A large sales increase saw Byelorussian Steel Works (BMZ) post a second quarter gross profit of RUB 240.4 billion ($3.6 billion) compared to a RUB 362.4 billion loss in Q1. The increase was the result of a rise in production and finished product shipments, as well as the improvement of the situation in the global steel markets, Kallanish learns from the steelmaker. At the beginning of 2016 BMZ had to reduce its production, although in April output w…
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