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Azerbaijan multiplies production of steel pipes

Economy Materials 17 January 2024 16:26 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 17. Production of steel pipes in Azerbaijan increased 2.2 times (up to 293,000 tons) from January through December 2023 compared to the same period last year, Trend reports.

Meanwhile, the production of the metallurgical industry and finished metal products in the country decreased in value terms by 30.1 percent to 1.1 billion manat ($640 million) (1.3 billion manat ($760 million) in the same period last year).

Summarized table of production of the metallurgical industry of Azerbaijan based on the data of the State Statistics Committee:

Types of products

Produced from January through December 2023.

The difference compared from January through December 2022 (%)

Quantity of ready products in warehouses for January 1, 2024

Cast steel (tons)

323 500

- 19.5

9 800

Fittings (tons)

339 200

- 22.1

11 800

Steel pipes (tons)

293 100

2.2 times

1 300

Unprocessed lead, aluminum, zinc, nickel, etc. (tons)

34 500

- 8

6 300

Aluminum products (tons)

45 083,7

4,5

4 816,1

Metal construction (tons)

24 215,1

- 39,3

11 551,8

Items made of metal (tons)

22 215,9

32,6

60,7

Note that the production of products of the metallurgical industry and finished metal products in Azerbaijan in 2022 compared to 2021 increased in value terms by 26.06 percent to 1.3 billion manat ($760 million).

However, Azerbaijan's metallurgical industry production in 2021 increased by 38.5 percent, or 442 million manat ($259.7 million), compared to 2020, reaching 1.1 billion manat ($640 million).

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