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.