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Mogilev Metallurgical Works sells dust for foreign currency

MOGILEV, 2 November (BelTA) – In January-October 2012 OAO Mogilev Metallurgical Works increased the export of iron-bearing dust by 70% in comparison with the same period of last year to 800 tonnes, representatives of the company’s marketing department told BelTA.

The company started caring about selling this kind of iron-bearing waste that is a byproduct of cast-iron shot production and foundry operations last year. Over decades the company has accumulated rather large reserves of iron-bearing dust. The problem of its utilization became urgent then. Besides, last year’s launch of the second iron shot grinding line added more dust.

BelTA has been told: “When we started thinking about selling the dust, it turned out that Russians have technologies to process it and use it further for foundry operations and powder metallurgy. We reached an agreement on dust deliveries and sold everything we had accumulated in less than two years. The present leftovers are below half of the average monthly output (40-50 tonnes). The main customers are our partners in Russia and Georgia”.

They also noted that at present iron-bearing dust sells well abroad and customers queue to buy it. Many are ready to buy it even with 100% advance payment.

Founded in 1932, Mogilev Metallurgical Works is one of Belarus’ largest manufacturers of round and section-shaped steel electric-welded pipes, iron shot, and cast-iron hatches. It also offers a choice of hardscaping products and gaming equipment for children. At present the company employs over 1,100 people. Since 2006 it has been part of the holding company OAO Belarusian Steel Works.