BAKU, Azerbaijan, May 23. The production of foundry steel from January through April 2024 increased by 35.7 percent (up to 116,000 tons) compared to the same period last year, Trend reports.
Additionally, the production of metallurgical industry products and finished metal products in the country increased in value terms by 29.15 percent to 418.7 million manat ($246.1 million) (324.2 million manat ($190.6 million) in the same period last year).
Summary table of production of the metallurgical industry of Azerbaijan based on the data of the State Statistics Committee of the country:
|
Types of products |
Produced from January through April 2024 |
Difference compared to January–April 2023 (percent) |
Quantity of finished products in warehouses as of May 1, 2024 |
|
Foundry steel (tons) |
116,000 |
35,7 |
9,600 |
|
Fittings (tons) |
140,200 |
62,1 |
14,900 |
|
Steel pipes (tons) |
34,100 |
- 61,5 |
2,300 |
|
Unprocessed lead, aluminum, zinc, nickel, etc. (tons) |
9,400 |
- 28,8 |
6,400 |
|
Aluminum products (tons) |
20,209 |
88,4 |
4,771,8 |
|
Metal structures (tons) |
6 652,2 |
0,9 |
11,654,8 |
|
Metal products (tons) |
8,826,4 |
- 3,3 |
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 million).
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