BAKU, Azerbaijan, September 15. The production of metallurgical industry products and finished metal products in Azerbaijan decreased by 32.87 percent to 693 million manat ($407.6 million) from January through August 2023 (one billion manat, or $588.2 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 August 2023 |
Difference (compared with January through August 2022) |
Quantity of finished products in warehouses as of September 1, 2023 |
|
Cast steel |
203,400 tons |
- 22.9 percent |
9,800 tons |
|
Rebar |
207,700 tons |
- 32.9 percent |
6,500 tons |
|
Steel pipes |
204,400 tons |
by 2.7 times |
300 tons |
|
Raw lead, aluminum, zinc, nickel |
23,500 tons |
18.1 percent |
8,100 tons |
|
Aluminum products |
25,576.3 tons |
- 29.8 percent |
2,908 tons |
|
Metal structures |
15,539.6 tons |
- 43.8 percent |
11,135.7 tons |
|
Metalwork |
14,256 tons |
56.7 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.