Home / Press Releases / BMZ has increased its wire rod export to the EU.

BMZ has increased its wire rod export to the EU.

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According to the results of work for 9 months of 2020, OJSC “BMZ, the managing company of the holding“ BMK ”, exported more than 200 thousand tons of wire rod to the countries of the European Union, which is 122 percent over the same period of the previous year. These products account for more than a quarter of the total volume of factory shipments to the EU market.

This year BMZ has exported wire rod to 13 countries of the European Union. Its supplies increased significantly to Poland, Romania, Italy and the Netherlands, which became the largest importer of these products in the EU for the plant. In 2020, wire rod was also sold to Bulgaria, Spain and Slovenia, where there were no similar shipments last year.

The consumers of wire rod manufactured at BMZ are European companies that produce fasteners, shock absorber springs for the automotive industry, rail fasteners and furniture springs. In January-September 2020, BMZ produced more than 650 thousand tons of wire rod. The volume of its export sales slightly exceeds the level of the same period of the previous year. In just 9 months of 2020, BMZ exported wire rods worth almost $ 120 million to 23 countries.

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