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Miory Steel to debut at Belarusian Commodity Exchange in September

Steel News - Published on Fri, 14 Aug 2020

Image Source: Miory Steel Belarusian Commodity Exchange BUCE
BelTA reported that the Belarusian Universal Commodity Exchange will host the first export trades with metal products manufactured by Miory Steel on 3 September. The agreement was reached following the talks between the BUCE and Miory Steel. BUCE spokesman Roman Yaniv told BelTA “Participants of the inaugural trading session will be able to purchase a total of 4,700 tonnes of cold-rolled coils at the initial price of EUR 460 per tonne. Miory Steel offers the following terms of payment and delivery: full advance payment within 3 banking days from the invoice issue date and shipping under Ex Works Miory. Several foreign traders registered on BUCE have already expressed interest in buying Miory Steel products.”

Miory Steel is a large Belarusian-Austrian investment project with foreign investments exceeding EUR 300 million implemented under the State Innovative Development Program of Belarus for 2016-2020. The mill is the only manufacturer of cold-rolled coils and tinplate in Belarus. After the mill reaches its design capacity, it will export a significant part of its output.

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Posted By : Yogender Pancholi on Fri, 14 Aug 2020
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