The story
Belarusian Steel Works (BMZ) was constructed in accordance with the USSR Ministers Council decree to provide Belarusian enterprises with the bars in order to utilize local scrap.
The task for the plant working out was confirmed by the USSR Ministry of Ferrous Metallurgy in November 19, 1982. In 1982 there was signed a contract with the Austrian firm Voestalpine for designing and " on key-basis " erecting of the metallurgical plant and all the necessary constructions for the annual output of 500 000 mt bars and 200 000 mt carbon and low alloyed concast billets.
The main sub-contractor was an Italian film Danieli. More than 30 firms of West Germany, Sweden, Italy, Hungary, took part in working out the project, equipment supply and erecting the plant.
At present the plant has a capacity of 1,100,000 mt of steel, 250,000 mt of structural rolled product and 500,000 mt of bars. The major items of production consist of rebar, billet, channel, wire rod and cold heading wire rod. More than 50 alloyed and low-alloyed structural and carbon steel grades are produced by the plant. Two steel cord shops produce 50,000 mt of steel cord, 10,000 mt of brass bead wire and 10,000 mt of hose wire annually. Basic funds cost of the plant is 1,700,000,000 rubles.
The pace of investment growth in 2011 at the BMZ in 2010 decreased significantly. First Deputy Prime Minister of Belarus Vladimir Semashko criticized the Belarusian Steel Works, which had failed to implement any large-scale investment projects for the last three years.
From Wikipedia’s article on Belarusian Steel Works, shared under CC BY-SA 4.0.4
