BMZ Increased Steel Output by 11.9% in 2008
OREANDA-NEWS. On 12 January 2009 was announced, that steel output of Zhlobin-based Belarusian Metallurgical Plant (BMZ) amounted to 2.478 million tonnes in 2008, up 11.9% on the year, an official with the plant told.
Rolled stock output increased 12.3% on the year in the period to 2.027 million tonnes.
Steel pipe output amounted to 81,870 tonnes.
Hardware goods output increased 7.3% on the year to 306,046 tonnes. Metal cord output rose 11.3% to 96,510 tonnes.
BMZ’s output in monetary terms rose 10% on the year in 2008 to 4.117 trillion Belarusian rubles (Br).
Exports increased 43% to USD1.655 billion, acc preliminary estimates.
State company Belarusian Metallurgical Plant was launched in 1984. BMZ exports about 85% of its output. Non-CIS countries account for more than 70% of the BMZ’s exports.