10,319.96 TRY BIST 100 BIST 100
34.99 EUR EUR EUR
32.25 USD USD USD
4.49 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
117.33 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

Baku Steel Company announced its indicators for 2022

Baku Steel Company, the largest metallurgical company in the Caucasus region, announced its financial and performance indicators for 2022.

Baku Steel Company announced its indicators for 2022

The company's net profit for 2022, compared to 2021, increased by 7.5% and amounted to 71.6 million manats.

Both the production and sales figures of BSC have also registered an increase. Thus, sales for 2022 increased by 30.5% and reached 392.9 million manats (without VAT). Compared to the previous year, billet production increased by 26.5%, while rebar and wire rod production increased by 35.5%. The increase in pipe production was more – 36.8%. In 2022, the company produced 362,000 tons of billets, 314,000 tons of rebar and wire rods, and 26,000 tons of pipes.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

How the CEO of Emirates Steel Arkan is Transforming Leadership

Saturday, May 18, 2024

Taiwan's Feng Hsin keeps prices stable

Thursday, May 16, 2024

US steelmakers set cautious growth expectations for 2024

Friday, May 17, 2024

Rebar prices fall in India

Friday, May 17, 2024

The new Dutch government is cutting climate funding

Friday, May 17, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now