Byelorussian Steel Works Increases Steel Export to Romania
Byelorussian Steel Works exported more than 33 thousand tonnes of products to Romania in January-October 2020, up by 189% YoY, with major growth
Byelorussian Steel Works exported more than 33 thousand tonnes of products to Romania in January-October 2020, up by 189% YoY, with major growth recorded for structural steel, wire rod, seamless pipes and bronzed bead wire. BMZ said “This increase in sales became possible due to the changes in the Romanian domestic market. In particular, due to the decline in steel production in the EU countries, caused by the ongoing epidemiological measures, the demand for imported steel products has increased in Romania. BMZ promptly responded to it, with the support of the subjects of its own distribution network.”
In monetary terms, the volume of shipments of the plant to Romania for 10 months of this year amounted to almost USD 21 million, which allowed Romania to come close to the TOP 10 key importers of BMZ products. This year the leaders in this rating are Russia, Germany and Israel. BMZ exported more than 800 thousand tonnes of metal products to 23 EU countries in January-October,, which corresponds to the level of 2019.At the same time, the plant was able to significantly improve its position in the markets of Finland, France, Romania and Austria.