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Azerbaijan sees significant surge in production of steel pipes

Economy Materials 19 May 2023 14:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 19. The production of metallurgical industry products and finished metal products in Azerbaijan decreased by 42.97 percent in value terms to 324.2 million manat or $197 billion (568.5 million manat or $334.4 million last year), Trend reports via the State Statistics Committee of Azerbaijan.

Summary table of production in the metallurgical industry of Azerbaijan:

Types of products

Manufactured from January through April 2023

Difference (compared with January through April 2022)

Quantity of finished products in warehouses as of May 1, 2023

Cast steel

85,500 tons

- 34.7 percent

7,700 tons

Rebar

86,500 tons

- 47.1 percent

28,000 tons

Steel pipes

88,500 tons

down by 2.5 times

3,400 tons

Raw aluminum

13,200 tons

+ 61 percent

7,600 tons

Aluminum bars, shafts and profiles

10,729 tons

- 54 percent

2,786 tons

Other ferrous metal structures

6,595 tons

- 48.4 percent

11,092 tons

Copper stranded wires without electrical insulation, ropes and cables

9,129 tons

+ 94.3 percent

60,700 tons

For comparison, the production of metallurgical industry products and finished metal products in Azerbaijan increased in value terms by 26.06 percent to 1.32 billion manat ($776.4 million) in 2022.

The production of products in the metallurgical industry of Azerbaijan increased by 38.5 percent up to 1.14 billion manat ($670.5 million) in 2021, or 442 million manat ($260 million) compared to 2020.

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