BAKU, Azerbaijan, October 18. The manufacturing value of metallurgical products in Azerbaijan increased from January through September 2022, Trend reports citing the report of the Azerbaijani State Statistics Committee.
According to the committee, this figure amounted to 1.12 billion manat ($660 million), up by 392.1 million manat ($230.6 million) or 53.2 percent on annual basis.
Manufacturing volume of metallurgical products from January through September 2022
Types of products |
Volume 9M2022 |
Difference compared to 9M2021 |
Amount of products stored in warehouses as of September 1 2022 |
Cast steel |
296,200 tons |
+34.3 percent |
2,300 tons |
Rebar |
342,200 tons |
+56.2 percent |
56,800 tons |
Steel pipes |
88,500 tons |
+2.2 times |
2,700 tons |
Raw aluminium |
20,800 tons |
+3 percent |
17,400 tons |
Aluminum bars, shafts and profiles |
2, 798.9 tons |
+50.6 percent |
104.2 tons |
Other ferrous metal structures |
28,640.9 tons |
+42.8 percent |
2,978.1 tons |
Copper stranded wires without electrical insulation, ropes and cables |
4,088.9 tons |
-1.5 percent |
- |
Besides, according to the committee, the production of prefabricated structures made of ferrous metals exceeded 22 million manat or $12.9 million (an increase of 25.2 percent over the year).
Production in the metallurgical industry of Azerbaijan increased by 38.5 percent (to over 1.1 billion manat or $647 million), or 442 million manat ($260 million) in 2021 compared to 2020.
---
Follow the author on Twitter: @mariiiakhm