The company’s exports to the United States increased by 180%, rising from 5,000 tonnes to 14,000 tonnes, while exports to the European Union grew from 6,400 tonnes to 7,000 tonnes.

Baku Steel’s export portfolio includes rebar, seamless pipes, and ferroalloys. Despite the growing number of protectionist measures in the global steel industry, the company continues to operate successfully in the US and EU markets.

The company’s export achievements were also recognized at an event organized by the State Tax Service under the Ministry of Economy of Azerbaijan. Baku Steel Company was awarded the “Active Private Sector Exporter” certificate for its contribution to the development of the country’s non-oil exports.

Deputy CEO Sultan Askarov stated:

BSC is also increasing the production of high value-added products and gradually expanding the geography of its export deliveries.