Baku Steel Company Recognized for Export Achievements as Top-50 Taxpayer
“Baku Steel Company” CJSC receives award for Active Exporter of Private Sector
“Baku Steel Company” CJSC (BSC), the largest metallurgical company in the Caucasus region, has been honored with an award in the nomination “Active Exporter of Private Sector” by the State Tax Service, under the administration of the Ministry of Economy. The prestigious award was presented to BSC’s CEO Kamal Ibrahimov by the Minister of Economy Mikayil Jabbarov and the Chairman of the State Customs Committee Shahin Bagirov.
Kamal Ibrahimov expressed his gratitude to the Ministry of Economy and the State Tax Service for recognizing the company’s accomplishments in the field of exports. He highlighted BSC’s commitment to producing quality products that adhere to international standards and the company’s efforts to venture into new export markets as key factors in securing this award.
Having maintained a strong presence in export markets for the past 23 years, BSC’s dedication to excellence has not only led to its own success but also serves as a testament to the government’s support for economic development and strategic initiatives aimed at boosting export volumes. The company’s management believes that this award will serve as a motivator for further growth and will help enhance the export potential of the steel industry in Azerbaijan.
This recognition reflects BSC’s successful efforts in transforming Azerbaijan’s metallurgical sector into a cornerstone of the country’s non-oil economy. In 2024, BSC was recognized among the top 50 largest taxpayers in Azerbaijan, having contributed 26.7 million manats in taxes to the state budget over the past year.
As one of the leading manufacturers in Azerbaijan, BSC produces a wide range of high-quality steel products such as rebar, wire rod, billets, seamless pipes, channels, angles, and more. The company’s products have gained recognition not only in Azerbaijan but also in Europe, Africa, America, and Asia, where they are in high demand.
Overall, this award underscores BSC’s ongoing commitment to excellence and its contribution to the growth and development of Azerbaijan’s steel industry on both a local and global scale.
