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Azerbaijani metallurgical industry ups by 2 times

Azerbaijan Materials 18 April 2012 13:30 (UTC +04:00)

Azerbaijan, Baku, April 18 / Trend H.Valiyev/

In the first quarter of 2012, the Azerbaijani metallurgical industry produced products and rendered services worth 107 million manat, the Azerbaijani State Statistics Committee said.

Amount of production in metallurgical industry decreased by 6.5 percent, finished metal products during this period increased by 2 times.

Some 64,300 tons steel casting was produced in the first quarter, steel pipes - 12,200 tons.
Amount of production of iron casting reached 208.1 tons, which is 3.2 percent more than the same period of 2011.

Amount of export of semi-finished products made from ferrous metal, as of January-February totaled 25.446.5 tons (to the amount of more than $12.9 million), which is 233 percent (in monetary terms - by 188.3 percent) more than the same index of 2011.

As of Jan.-Feb., the amount of exported pipes made from ferrous metal hit 7.285.7 tons (to the amount of over $6,493), which is 38 percent (in monetary terms by 40.2 percent) less compared to the same period of 2011.

The official exchange rate is 0.7860 AZN/USD on March 18.

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