Cost of Azerbaijan’s steel imports from Türkiye falls by over 13%

Azerbaijan imported $91.75 million worth of steel from Türkiye in the first 11 months of 2024, representing a 13.2-percent decline year-on-year, Report informs, citing Turkish Exporters' Assembly.

In November alone, Türkiye exported steel worth $8.823 million to Azerbaijan, which is 0.2% less compared to the corresponding period in 2023.

In total, the value of Türkiye's 11-month steel exports rose by 8.9% year-on-year to $14.72 billion. Meanwhile, in November, the country’s steel exports grew by 8.5% in value and reached $1.262 billion.