9,685.49 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
33.88 USD USD USD
37.56 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.17 TRY Interest Interest
71.63 USD Fossil Oil Fossil Oil
31.06 USD Silver Silver
4.22 USD Copper Copper
92.59 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,825.56 TRY Gold (gr) Gold (gr)

Scrap deliveries to BMZ from Russia break a 5-year record

Over the last quarter, the Belarusian Metallurgical Plant has acted as a “wand of choice” for the scrap yards of the Central Federal District, the North-West Federal District and even reached the Urals.

Scrap deliveries to BMZ from Russia break a 5-year record

The July decrease in scrap prices increased the share of scrap from Russia in the steelmaking output of the plant, and it became profitable to top up with cheaper raw materials.

In terms of steelmaking, the plant remains at the level of May, but here the reason is not related to the shortage of raw materials. According to Dmitry Korchik, General Director of BMZ at the meeting with the OTK staff: at the end of 7 months more than 1.3 million tons of steel was produced, which exceeded the level of the last year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

“We should cancel all taxes in 2025” - Tarnavsky's forecasts for the CIS region and the steel industry

Monday, September 16, 2024

Political and economic instability weakens Bangladesh's scrap demand

Monday, September 16, 2024

Taiwanese company Feng Hsin decreases prices for this week

Monday, September 16, 2024

At Global Steel Summit, Amir Keshmiri spoke about investment opportunities in Iran

Monday, September 16, 2024

Borusan Boru strengthens its presence in the European market with new plant in Romania

Monday, September 16, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now