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Azerbaijan reveals metallurgical output value

Business Materials 17 April 2018 17:45 (UTC +04:00)

Baku, Azerbaijan, April 17

By Huseyn Valiyev – Trend:

Products worth 208.7 million manats were produced by metallurgical companies in Azerbaijan in January-March 2018, reads a report of the country’s State Statistics Committee.

The report says the volume of output of metallurgical industry increased by 11.5 percent while the production of finished goods grew 2.5 times in January-March 2018.

Azerbaijan produced 68,200 tons of fittings in January-March 2018, which is 43.6 percent more than in January-March 2017.

In January-March 2018, 13.5 tons of steel pipes were produced in Azerbaijan, that is by 27.6 percent less than in January-March 2017.

The volume of steel casting production stood at 87,000 tons in January-March 2018, which is 16.3 percent more than in January-March 2017.

Azerbaijan exported 7,800.9 tons of ferrous metal pipes worth $6.394 million in January-February 2018, which is by 1.8 percent more (by 12.9 percent less in money terms) than in January-February 2017.

(1.7 manats = 1 USD on April 17)

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