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Belarusian steel mill BMZ to offer three new types of import-substituting goods
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MINSK, 15 July (BelTA) – The Belarusian steel mill BMZ is developing three new types of products for import substitution, BelTA learned from Sergei Terletsky, Deputy Director General for Technology and Quality at OAO BMZ, managing company of the holding company BMC.
Sergei Terletsky talked about the current results and strategic goals of the enterprise. Despite the complicated global economic environment the enterprise remains stable: it produced about 700,000 tonnes of steel in H1 2026. According to the deputy director general, this production volume was chosen deliberately: the enterprise takes care of the orders with the highest profit margins and the highest demand, which allows it to remain profitable.
Innovation remains a key development area. “Today 32% of BMZ products are innovative. About 170 research, development, and technological projects are in progress simultaneously. In particular, the enterprise is testing a direct reduced iron product to significantly cut prime costs. After analyzing the needs of the country’s leading enterprises BMZ started mastering three new areas: large-size rolled products for import substitution, strip steel for leaf springs, and high-alloy steels, which are expected to be obtained by the end of the year after the equipment is refitted,” Sergei Terletsky noted.
A significant portion of the output is shipped to foreign markets. “Export accounts for 75% of our output, and the plant’s revenue over the six months exceeded $1.2 billion. The lion’s share of shipments traditionally goes to the Russian Federation, which accounts for about 75-80% of the export volume. The rest is distributed among countries of the CIS, the Middle East, Africa, and Asia taking into account logistical viability,” the deputy director general said.
At the same time the plant maintains the highest quality standards: the customer satisfaction rate stands at 93-97%, and the defect rate is only 0.04 ppm. For the sake of further cost optimization the enterprise is systematizing previously implemented mechanisms and is getting ready to introduce a newly developed Belarusian standard of lean manufacturing.
Sergei Terletsky noted that this level of production enables the plant and the country to stay afloat and take care of the orders that are in demand and offer the highest margins. “Because if we increase the output to the maximum, we will simply increase losses. Our team of steelmakers, from the smelting crew to the directors, is working hard to master new products and reduce costs, and this is our most important task today,” he emphasized.
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