As part of the programme of Metal Expo 2015, BUCE held an international conference “Using electronic metal trading platform of the Belarusian Universal Commodity Exchange to develop the Customs Union metals market”. The conference brought together over 50 major metal traders and producers.
In his welcoming address, Alexander Romanov, President of the Russian Union of Metal Suppliers, noted that BUCE is the only successfully implemented project on the use of exchange mechanism for metal trading in the CIS. In his turn, Oleg Yakubovich, BUCE Senior Vice-Chairman, told the participants about practical results of the Partnership Agreement between BUCE and RUMS. He also provided detailed information regarding the opportunities for trading metal and products made thereof at BUCE’s electronic platform.
Additionally, Evgeni Bureiko, head of BUCE’s metal trading section, explained the procedure of accreditation and participation in exchange auctions, while the representative of Atomenergoexport (BUCE’s exchange broker) shed light on the forthcoming exchange auctions to purchase metal and construction materials for Belarus’ first nuclear power plant.
The conference was followed by a workshop dedicated to practical aspects of buying and selling goods at BUCE’s metal trading platform.
On the same day, Oleg Yakubovich, BUCE Senior Vice-Chairman, and Vitali Kolos, head of BUCE Moscow office, also took part in the seminar “Commodity exchange market of Russia 2015” organized by Saint Petersburg International Mercantile Exchange.