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Output volume of Azerbaijan’s metallurgical industry down

Business Materials 13 October 2017 19:18 (UTC +04:00)

Baku, Azerbaijan, Oct. 13

By Huseyn Valiyev – Trend:

Products worth 421.8 million manats were produced by metallurgical companies in Azerbaijan in January-September 2017, said a report of the country’s State Statistics Committee.

The report says the volume of output of metallurgical industry decreased by 13.7 percent while the production of finished goods fell by 26.8 percent in January-September 2017 compared to the same period of 2016.

Azerbaijan produced 177,900 tons of fittings in January-September 2017, which is 4.5 percent less than in the same period of 2016.

In January-September 2017, 37,400 tons of steel pipes were produced in Azerbaijan, that is by 10.7 percent less than in the same period of 2016.

The volume of steel casting production stood at 299,300 tons in January-September 2017, which is almost 13.1 percent more than in the same period of 2016.

Azerbaijan exported 38,005.5 tons of ferrous metal pipes worth $25.95 million in January-September 2017, which is by 6.9 percent less (by 14.9 percent less in money terms) than in January-September 2016.

During the same period, Azerbaijan exported 71,719.5 tons of ferrous semi-finished products worth $21.79 million, which is by 28.3 percent less (by 4.6 percent more in money terms) than in January-September 2016.

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