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Volume of metallurgical industry production increases in Azerbaijan

Economy Materials 20 June 2022 11:23 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 20. The manufacturing volume of products in the metallurgical industry and finished metal products of Azerbaijan increased by 2.08 times in value (up to 704 million manat – $414.1 million), or by 366.4 million manat ($215.5 million) from January through May 2022 compared to the same period in 2021, Trend reports citing to the report of Azerbaijani State Statistics Committee.

Summary table of production in the metallurgical industry of Azerbaijan:

Types of products

Manufactured in January-May 2022

Difference compared to January-May 2021

Amount of products stored in warehouses as of June 6 2022

Cast steel

166,000 tons

148.3 percent

2,100 tons

Rebar

201,500 tons

187.4 percent

40,900 tons

Steel pipes

43,900 tons

2.1 times

1,700 tons

Raw aluminium

7,300 tons

63.5 percent

6,300 tons

Aluminum bars, shafts and profiles

1,202.7 tons

139.1 percent

105.3 tons

Other ferrous metal structures

14,111.6 tons

126.2 percent

2,501.2 tons

Copper stranded wires without electrical insulation, ropes and cables

2,294.1 tons

142.8 percent

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Production in the metallurgical industry of Azerbaijan increased by 38.5 percent (to almost 1.1 billion manat or $647 million), or 442 million manat ($260 million) in 2021 compared to 2020.

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