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Russian Ural Steel manufacturer plans to enter Azerbaijani market

Economy Materials 12 June 2023 17:09 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 12. Russian Ural Steel manufacturer plans to expand its presence worldwide and in Azerbaijan specifically, the company's Chief Specialist of Department of Pipe Industry, Bridge Construction and Building Structures Yulia Chiglintseva told Trend.

"The company, known for its high-quality steel production and reliable solutions in the construction sector, sees potential in expanding its operations in Azerbaijan. The company's plans include establishing business relationships with local partners and providing advanced solutions in the pipe industry, bridge construction and building structures," Yulia Chiglintseva said.

"Entering the Azerbaijani market will open up new opportunities for the development of Ural Steel and strengthening its position in the international arena," she said.

Ural Steel ranks among Russia’s leading producers of strips for large-diameter pipes, pipe billets, heavy plates, and weathering steel (over 100 grades of carbon and alloy steels altogether). The company falls within the top eight steelmakers in Russia.

In 2022, Ural Steel joined forces with Zagorsky Pipe Plant to form a single metallurgical holding company, enabling the company to establish a stable value chain, thus expanding opportunities to use the plant’s products in major O&G and construction projects.

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