Samir Jafarov, head of the Azerbaijani Steel Production Complex CJSC, said that Azerbaijan can meet its domestic demand for metallurgical products in the next three to four years.
In an interview with Trend news agency, Jafarov said that Azerbaijan spends around USD 1.3 billion to buy steel and steel products from neighboring countries. Steel is supplied to Azerbaijan from Ukraine, Georgia, Russia, Kazakhstan and Turkey.
"Azerbaijan has never produced metal. Iron ore was previously supplied to Georgia, where it was produced with the domain method. We intend to start metal production as well as production of steel and steel products in Azerbaijan," he said.
"Our long term goal is to enter regional markets as well. Industrial enterprises will be opened in Ganja, Dashkesen and other regions of the country.”
Bakudaily.az
