...

Volume of metallurgical industry production increases in Azerbaijan

Economy Materials 12 August 2022 18:02 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, August 12. The manufacturing volume of products in the metallurgical industry and finished metal products of Azerbaijan increased by 79.66 percent in value (up to 409 million manat or $240.5 million), or by 922.4 million manat ($542.6 million) from January through July 2022 compared to the same period in 2021, Trend reports citing to the report of Azerbaijani State Statistics Committee.

Types of products

Manufactured in January-July 2022

Difference compared to January-July 2021

Amount of products stored in warehouses as of August 1 2022

Cast steel

236,400 tons

149.7 percent

2,800 tons

Rebar

274,700 tons

188.9 percent

58,300 tons

Steel pipes

62,600 tons

2.2 times

2,500 tons

Raw aluminium

13,100 tons

73.6 percent

11,400 tons

Aluminum bars, shafts and profiles

1,791.4 tons

148.5 percent

112.1 tons

Other ferrous metal structures

20,062.3 tons

136.9 percent

2,458 tons

Copper stranded wires without electrical insulation, ropes and cables

3,122.8 tons

110.5

According to the committee, the production of prefabricated structures made of ferrous metals exceeded 16.18 million manat or $9.5 million (an increase of 20.6 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.

Tags:
Latest

Latest