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Azerbaijani metallurgical industry ups production by 1.7 times

Business Materials 16 June 2011 14:51 (UTC +04:00)

Azerbaijan, Baku, June 16/ Trend H.Valiyev/

In January-May, metallurgical industry of Azerbaijan produced products and rendered services worth 102.3 million manat, the State Statistics Committee said.

Amount of production in metallurgical industry in Azerbaijan increased by 1.7 times, finished metal products during this period decreased by 12 percent

Roughly 100,500 tons of steel casting was produced in this sphere within five months or 1.8 times more compared to the same period of 2010.

Amount of production of reinforcement reached 67,800 tons, which is 18.5 percent more than in January-May 2010.

Amount of production of iron casting reached about 115.1 tons, which is 81.2 percent less than the same period of 2010.

Amount of production of wires and cables made of ferrous metals reached 203.9 tons, which is 26.3 percent more than in January-May 2010.

Some 37,100 tons steel pipes were produced, which is 2.5 times more than the same period of 2010.

Amount of export of semi-finished products made from ferrous metal, as of January-May 2011 exceeded 46,600 tons (in the amount of more than $22.7 million ), which is 2.3 percent (in monetary terms - 20.6 percent) more than compared to the same period of 2010.

During reporting period, the amount of exported pipes made from ferrous metal was more than 30,800 tons (in the amount of over $31.6 million), which is 2.9 times (in monetary terms in 4.1 times) more compared to the same period of 2010.

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