Azerbaijan increases spending on steel imports from Turkiye

From January through November 2022, Azerbaijan spent $121.452 million on importing steel from Turkiye, 23.4% more year-on-year, Report informs, citing the Turkish Exporters' Assembly.

In October 2022, Turkiye exported $14.071 million worth of steel to Azerbaijan, which is 15.1% more than a year ago.

In the first 11 months of 2022, Turkey's income from steel exports decreased by 1.1% year-on-year to $19.766 billion, and in November, it dropped by 33.1% to $1.348 billion.