BAKU, Azerbaijan, June 14. The production of foundry steel from January through May 2024 increased by 33.9 percent (up to 150,400 tons) compared to the same period last year, Trend reports.
Meanwhile, the production of metallurgical industry products and finished metal products in the country increased in value terms by 24.04 percent to 528.3 million manat ($310.6 million) (102.4 million manat ($60.2 million) in the same period last year).
The summary 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 May 2024 |
Difference compared from January through May 2023 (percent) |
Quantity of finished products in warehouses as of 01.06.2024 |
Foundry steel (tons) |
150 400 |
33,9 |
14 200 |
Fittings (tons) |
165 500 |
36,2 |
9 900 |
Steel pipes (tons) |
48 400 |
- 58,4 |
2 100 |
Unprocessed lead, aluminum, zinc, nickel, etc. (tons) |
11 000 |
- 33,3 |
4 200 |
Aluminum products (tons) |
25 038,7 |
82,1 |
2 827,5 |
Metal structures (tons) |
8 552,8 |
- 8,9 |
11 778,7 |
Items of metal (tons) |
11 467,6 |
6 |
60,7 |
To note, the production of products of the metallurgical industry and finished metal products in Azerbaijan in 2023 compared to 2022 decreased in value terms by 12.57 percent to 1.1 billion manat ($646,000).
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