BSW started to deliver hose wire to India.
The first lot of the hardware product to this country was shipped this month.
Access to this market became possible after a Memorandum of understanding and cooperation in the area of pipe, wire and rolled material production was signed on July 24, 2013 by the General Director of OJSC “Byelorussian Steel Works – management company of “Byelorussian Metallurgical Company” holding Anatoly Savianok and the Indian partner. In a few weeks after this event BSW shipped 57 tons of hose wire for Polyhose India Pvt. Ltd. At the moment a contract with Polyhose India (Rubber) Pvt. Ltd, is at the stage of signing and according to the contract another 133t of this product will be supplied. As for selling pipes and rolled stock in this region, this direction of cooperation is being under study. Moreover, in 2012 BSW already supplied pipes to India.
Its worth mentioning that Byelorussian Steel Works actively studies possibilities of entering and consolidating its position on the Asian market. This necessity is called forth by the situation existing on the global steel market. Thus, during 2013 the enterprise has already shipped about 230t of hose wire to the Chinese plant of its long-term partner Manuli (being a world-known manufacturer of pressure hoses). BSW will supply trial lots of steel cord for a number of Chinese and Indian customers.
As for selling hose wire in whole, its key customers are: Aeroguip Singapore Ltd. (Singapore, USA), Alfagomma Hydraulic SPA (Italy), Eaton Aeroquip Inc., (USA, Germany), Diesse Rubber Hoses S.p.A. (Italy), Manuli Hydraulics (China, Poland), Parker (the Netherlands, Italy), Yokohama Rubber Corporation, LTD. (Japan).
During 7 months of 2013 BSW sold its products to 55 countries worldwide, it is 7 countries more compared to the same period of the previous year. Such product markets as Macedonia, Sudan, and Chad were developed. Deliveries to 7 countries (Gabon, Cote-d’Ivoire, Croatia, Cameroon, Mauretania, Burkina-Faso, Japan)were resumed.