BAKU, Azerbaijan, November 18. The steel pipe production in Azerbaijan increased by 2.5 percent (258,700 tons) from January through October 2023 year-on-year, Trend reports.
The production of metallurgical industry products and finished metal products in Azerbaijan decreased by 25.41 percent to 913.1 million manat ($537.1 million) from January through October 2023 (1.2 billion manat, or $705.8 million year-on-year).
Summary table of production of the metallurgical industry of Azerbaijan based on the data of the State Statistics Committee:
|
Types of products |
Manufactured from January through October 2023 |
Difference (compared with January through October 2022) |
Quantity of finished products in warehouses as of November 1, 2023 |
|
Cast steel |
270,500 tons |
- 17.9 percent |
12,400 tons |
|
Rebar |
277,000 tons |
- 26.4 percent |
12,300 tons |
|
Steel pipes |
258,700 tons |
by 2.5 times |
1,400 tons |
|
Raw lead, aluminum, zinc, nickel |
27,600 tons |
- 0.4 percent |
4,500 tons |
|
Aluminum products |
33,991 tons |
- 16.7 percent |
4,260 tons |
|
Metal structures |
19,581 tons |
- 42.4 percent |
11,483 tons |
|
Metalwork |
16,754 tons |
37.6 percent |
60 tons |
The production of metallurgical industry products and finished metal products in Azerbaijan increased in value terms by 26.06 percent to 1.3 billion manat ($764.7 million) in 2022.
In general, the production of products of the metallurgical industry of Azerbaijan increased by 38.5 percent, or 442 million manat ($260 million) compared to 2020 - to 1.1 billion manat ($647.1 million) in 2021.