BAKU, Azerbaijan, November 17. The manufacturing value of metallurgical products in Azerbaijan grew from January through October 2022, Trend reports on November 17 via the report of the Azerbaijani State Statistics Committee.
According to the committee, this figure amounted to 1.22 billion manat ($720 million), up by 350 million manat ($205.8 million) or 40.04 percent on annual basis.
Manufacturing volume of metallurgical products from January through October 2022
Types of products |
Volume 10M2022 |
Difference compared to 10M2021 |
Amount of products stored in warehouses as of November 1, 2022 |
Cast steel |
329,600 tons |
+33.1 percent |
800 tons |
Rebar |
376,400 tons |
+48.1 percent |
69,000 tons |
Steel pipes |
104,400 tons |
+2.2 times |
3,200 tons |
Raw aluminium |
24,900 tons |
+13.2 percent |
15,000 tons |
Aluminum bars, shafts and profiles |
3,236.2 tons |
+55.3 percent |
96.8 tons |
Other ferrous metal structures |
29,938.8 tons |
+24.4 percent |
2,533.4 tons |
Copper stranded wires without electrical insulation, ropes and cables |
4,525.8 tons |
-4.3 percent |
- |
Besides, according to the committee, the production of prefabricated structures made of ferrous metals exceeded 25.1 million manat or $14.7 million (an increase of 26.6 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.