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Azerbaijan's metallurgical production up for 10M2022

Economy Materials 17 November 2022 12:19 (UTC +04:00)
Azerbaijan's metallurgical production up for 10M2022
Kamran Gasimov
Kamran Gasimov
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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.

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