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Azerbaijan significantly increases production of steel pipes

Economy Materials 17 June 2023 05:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 16. The production of metallurgical industry products and finished metal products in Azerbaijan decreased by 39.5 percent in value terms to 425.9 million manat or $250.5 million (704 million manat or $414.1 million last year), Trend reports.

Summary table of production in the metallurgical industry of Azerbaijan:

Types of products

Manufactured from January through May 2023

Difference (compared with January through May 2022)

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

Cast steel

112,300 tons

67.7 percent

10,700 tons

Rebar

121,500 tons

60.3 percent

26,200 tons

Steel pipes

116,400 tons

down by 2.7 times

3,500 tons

Raw lead, aluminum, zinc, nickel

16,500 tons

175.5 percent

8,000 tons

Aluminum products

13,752 tons

46.7 percent

2,796 tons

Metal structures

9,393 tons

59 percent

11,105 tons

Metalwork

10,821 tons

192.2 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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