Export revenues of Baku Steel Company double

In 2021, Baku Steel Company LLC earned $45.6 million from exports, Report informs, citing the Export Review of the Center for Economic Reforms Analysis and Communication.

According to the review, this figure is $15.6 million or 52% more than in 2020.

Baku Steel Company is a steel plant that plays a vital role in the development of Azerbaijan's metallurgical industry. The plant produces steel bars and fittings of various grades.

The total steel production capacity of the enterprise has reached 1.1 million tons. The company exports its products to Russia, Georgia and other countries.