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Azerbaijan increases production of steel pipes

Economy Materials 16 December 2023 02:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 16. The steel pipe production in Azerbaijan increased by 2.4 percent (277,200 tons) from January through November 2023 year-on-year, Trend reports.

The manufacturing of metallurgical industry products and finished metal products in Azerbaijan decreased by 23.42 percent to 1.016 million manat ($597.6 million) from January through November 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 November 2023

Difference (compared with January through November 2022)

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

Cast steel

290,300 tons

- 20.1 percent

8,100 tons

Rebar

303,900 tons

- 24.5 percent

8,400 tons

Steel pipes

277,200 tons

by 2.4 times

1,200 tons

Raw lead, aluminum, zinc, nickel

32,200 tons

0 percent

6,700 tons

Aluminum products

38,647 tons

- 8.2 percent

4,493 tons

Metal structures

21,427 tons

- 40 percent

11,609 tons

Metalwork

18,370 tons

36.8 percent

60,7 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.

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