Azerbaijan, Baku, 26 February / Trend corr S. Babayeva/ At the beginning of the year Baku Steel Company, the largest metallurgical enterprise of Azerbaijan, suspended export abroad, the company reported.
"That was caused by the increasing demand at the internal market of Azerbaijan," a source at the company said.
After a 2-year break, the company resumed export at the end of 2007 and sold a little amount of its products to Iran. However, export has been suspended again.
Baku Steel Company was registered in April 1998 and began operation in May 2001. Its production capacity makes up 350,000 tons a year. For the time being, the company meets 80% of the demand at the Azerbaijani market. Since the beginning of operation Baku Steel Company has invested over $75mln in production.
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