Baku Steel Company is the first privately owned heavy industry enterprise in the country
and the first modern steelmaking plant in the Caucasus region.
Baku Steel Company, the flagship of the modern Azerbaijani metallurgical industry, started its operations on 21 June 2001. National Leader Heydar Aliyev participated in the official opening ceremony of the plant and expressed his high opinion about the work and production conditions created. "Such a metallurgical plant established with foreign capital in the private sector in Azerbaijan is a vivid example of the consistent economic policy pursued by the Azerbaijani state," said by the wise leader is the highest opinion about the activities of Baku Steel Company. Since the first day of its existence the Company has experienced major development. It holds an important place in the Azerbaijani economy, is closely involved in the creation of new jobs and provision of ecological balance, and remains one of the largest taxpayers in the non-oil sector.
Baku Steel Company strives to take a leading part in the creative activities carried out in the country, taking advantage of the economic policy implemented by President of the Republic of Azerbaijan Mr. Ilham Aliyev. The reconstruction and modernisation activities in the metallurgical industry over the past two years has been linked to the name of this flagship company, and its products have won fame as an Azerbaijani brand in the neighbouring countries.