Belarusian Steel Mill BMZ Increases Export to 13 EU Countries
Belarusian steel mill BMZ exported more than 925 thousand tonnes of steel products to the European Union market in 2020. An increase in shipments is observed across 13 EU countries compared to 2019. The greatest growth in consumption last year was demonstrated by Spain, Slovenia and France, where the volume of shipments doubled or more. Countries such as Austria, Ireland, Romania, Poland and Finland provided more than 30% of export growth. The enterprise sold virtually the entire line of manufactured steel products in the EU. Wire rod, bronzed bead wire, steel wire and structural steel intended for the automotive industry were in great demand.
In total, in 2020, BMZ exported 2 million tonnes of steel products to 53 countries. The market share of the European Union in the total volume of BMZ exports in 2020 exceeded 45%.