BAKU, Azerbaijan, March 21. The manufacturing value of metallurgical products and fabricated metal products decreased in Azerbaijan from January through February 2023, Trend reports via the report of the Azerbaijani State Statistics Committee.
According to the report, this figure amounted to 158.8 million manat ($93.4 million), down by 4.2 percent.
Manufacturing volume of metallurgical products:
Types of products |
Manufactured from January through February 2023 |
Difference compared to 2022 (percent) |
Number of finished products stored in warehouses as of March 1, 2023 |
Cast steel |
52,400 tons |
83.6 |
7,200 tons |
Rebar |
31,600 tons |
42.6 |
45,800 tons |
Steel pipes |
37,400 tons |
2.1 times |
2,600 tons |
Raw lead, aluminum, zinc, nickel, etc. |
6,800 tons |
178.9 |
8,000 tons |
Aluminum products |
4,775 tons |
41.3 |
4,337 tons |
Steel structures |
3,465 tons |
46.2 |
11,087 tons |
Metal products |
4,596 tons |
173 |
60,700 tons |
The metallurgical industry production and fabricated metal products in Azerbaijan increased in value terms by 26.06 percent to 1.327 billion manat ($780.5 million) in 2022.
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.