BAKU, Azerbaijan, April 19. The manufacturing value of metallurgical products and fabricated metal products decreased in Azerbaijan from January through March 2023, Trend reports via the report of the Azerbaijani State Statistics Committee.
According to the report, this figure amounted to 234.7 million manat ($138 million), down by 43.03 percent.
Manufacturing volume of metallurgical products:
|
Types of products |
Manufactured in 1Q2023 |
Difference compared to 1Q2022 (%) |
Number of finished products stored in warehouses as of April 1, 2023 |
|
Cast steel |
53,800 tons |
- 44.2 |
2,500 tons |
|
Rebar |
54,800 tons |
- 54.3 |
30,800 tons |
|
Steel pipes |
62,700 tons |
+ 2.3 times |
3,100 tons |
|
Raw lead, aluminum, zinc, nickel, etc. |
10,600 tons |
+ 68.3 |
7,000 tons |
|
Aluminum products |
7,727 tons |
- 54.8 |
4,468 tons |
|
Steel structures |
5,500 tons |
- 45.5 |
11,134 tons |
|
Metal products |
7,329 tons |
+ 91.9 |
60,700 tons |
The metallurgical industry production and fabricated metal products in Azerbaijan increased in value terms by 26.06 percent to 1.3 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.