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Volume of metallurgical industry production increases in Azerbaijan

Economy Materials 18 July 2022 15:56 (UTC +04:00)
Volume of metallurgical industry production increases in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 18. The manufacturing volume of products in the metallurgical industry and finished metal products of Azerbaijan increased by 94.14 percent in value (up to 821.4 million manat or $483.1 million), or by 398.3 million manat ($234.2 million) from January through June 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-June 2022

Difference compared to January-June 2021

Amount of products stored in warehouses as of July 1 2022

Cast steel

203,400 tons

155.9 percent

2,300 tons

Rebar

239,000 tons

188.9 percent

52,900 tons

Steel pipes

51,400 tons

2.1 times

1,700 tons

Raw aluminium

9,100 tons

55.2 percent

7,700 tons

Aluminum bars, shafts and profiles

1,791.4 tons

148.5 percent

237.1 tons

Other ferrous metal structures

17,155.3 tons

136.4 percent

2,451 tons

Copper stranded wires without electrical insulation, ropes and cables

2,275.6 tons

141.6 percent

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According to the committee, the production of prefabricated structures made of ferrous metals exceeded 12.9 million manat or $7.5 million (an increase of 10.3 percent over the year).

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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