BAKU, Azerbaijan, August 15. The production of metallurgical industry products and finished metal products in Azerbaijan decreased by 34.97 percent in value terms to 599.8 million manat ($352.8 million) from January through July 2023 (922.4 million manat or $542.6 million in the same period last year), Trend reports.
Summary table of production in the metallurgical industry of Azerbaijan:
|
Types of products |
Manufactured from January through July 2023 |
Difference (compared with January through July 2022) |
Quantity of finished products in warehouses as of August 1, 2023 |
|
Cast steel |
170,300 tons |
28 percent |
8,400 tons |
|
Rebar |
174,000 tons |
36.7 percent |
12,700 tons |
|
Steel pipes |
173,000 tons |
2.8 times |
700 tons |
|
Raw lead, aluminum, zinc, nickel |
20,800 tons |
35.1 percent |
7,800 tons |
|
Aluminum products |
22,675 tons |
34.8 percent |
2,653 tons |
|
Metal structures |
13,517 tons |
39.3 percent |
11,108 tons |
|
Metalwork |
13,136 tons |
64.8 percent |
60.7 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.