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Azerbaijan reveals volume of its metallurgical industry production

Economy Materials 14 September 2022 17:12 (UTC +04:00)
Azerbaijan reveals volume of its metallurgical industry production
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 14. The manufacturing volume of products in the metallurgical industry and finished metal products of Azerbaijan increased by 67.14 percent in value (up to 414.7 million manat or $243.9 million), or by 1.03 billion manat ($6.058 billion) from January through August 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

263,700 tons

140 percent

2,900 tons

Rebar

309,600 tons

167.7 percent

54,700 tons

Steel pipes

76,600 tons

2.2 times

2,200 tons

Raw aluminium

17,400 tons

92.6 percent

15,000 tons

Aluminum bars, shafts and profiles

2,491.4 tons

160.5 percent

109.2 tons

Other ferrous metal structures

25,186.3 tons

157.5 percent

3,269 tons

Copper stranded wires without electrical insulation, ropes and cables

3,484.8 tons

103.1

According to the committee, the production of prefabricated structures made of ferrous metals exceeded 18.5 million manat or $10.8 million (an increase of 19.3 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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