Belarusian steel mill BMZ to develop production of general metal goods, buy new vehicles in 2023

14:30, 4 January

photo: BELTA

There are plans to buy four new high-performance cable weaving machines in 2023 to make multiple-strand steel-wire cable and metal cord, BelTA learned from Aleksandr Borikov, Deputy Director General for Commerce of OAO BMZ, managing company of the holding company BMC.

BMZ is considering the production of general metal goods as one of the ways forward. Four new high-performance cable weaving machines will be bought to increase the production of metal cord among other things. The cord is a component in the production of supersize tires. The supersize tire market looks promising for future development, the executive said.

Modernization of other BMZ departments will also continue. For instance, the railway division will get a new diesel locomotive. The relevant tender has been opened. Repairs and refurbishment of the existing vehicles and machines in this division will continue, too.

According to Aleksandr Borikov, BMZ smelted about 2 million tonnes of steel in 2022. He stressed that despite complicated geopolitical conditions the enterprise is turning a profit.

Other materials of «Economics»

Belarusian commodity exchange to boost ties with Russia’s Kaluga Oblast

10:09, 30 October

Brest Oblast boosts exports to Russia’s St. Petersburg by 15.6%

09:00, 28 October

Belarus, Russia approve common electricity market rules

15:34, 27 October

Belarusian PM discusses cooperation prospects with governor of Russia’s St. Petersburg

15:00, 27 October