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Azerbaijani metallurgical industry ups by over 17 percent

Azerbaijan Materials 14 December 2012 18:49 (UTC +04:00)

Azerbaijan, Baku, Dec. 14 / Trend H.Valiyev/

As of Jan.-Nov., the Azerbaijani metallurgical industry and enterprises produced products and rendered services worth 409.8 million manat, the Azerbaijani State Statistics Committee said today.

Amount of production in metallurgical industry increased by 17.6 percent, finished metal products during this period increased by 60.4 percent.

Some 204,500 tons steel casting were produced in Jan.-Nov., steel pipes - 57,000 tons.
Amount of production of iron casting reached 1,100 tons, which is 2.4 percent more than the same period of 2011.

Amount of export of semi-finished products made from ferrous metal totaled 106,600 tons (to the amount of more than $56 million), which is 40.9 percent (in monetary terms - by 31.1 percent) less than the same index of 2011.

The amount of exported pipes made from ferrous metal hit 38,300 tons (to the amount of over $38 million) for 10 months, which is 54.1 percent (in monetary terms by 55.9 percent) less compared to the same period of 2011.

The official exchange rate is 0.7849 AZN/USD on Dec. 14.

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