BAKU, Azerbaijan, September 16. The output of foundry steel in Azerbaijan has significantly increased from January through August 2024, marking a notable rise of nearly 25 percent compared to the same period last year, Trend reports.
According to the State Statistical Committee, the manufacturing of metallurgical products and finished metal increased by over 28 percent to 887.4 million manat ($693 million) from 693 million manat ($408 million) during the same period in the previous year.
A summary chart of production in Azerbaijan's metallurgical industry, as determined by data from the State Statistics Committee of the country:
|
Types of products |
Produced from January through June 2024 |
Difference compared from January through June 2023 (percent) |
Quantity of finished products in warehouses as of July 1, 2024 |
|
Foundry steel (tons) |
254 000 |
24,9 |
13 500 |
|
Fittings (tons) |
264 100 |
27,2 |
14 500 |
|
Steel pipes (tons) |
64 900 |
- 68,2 |
0 300 |
|
Unprocessed lead, aluminum, zinc, nickel, etc. (tons) |
16 800 |
- 28,5 |
5 000 |
|
Aluminum products (tons) |
41 919,1 |
63,9 |
3 832,8 |
|
Metal structures (tons) |
14 239,8 |
- 8,4 |
12 149,2 |
|
Metal products (tons) |
16 884 |
18,4 |
60,7 |
To note, the manufacturing value of products of the metallurgical industry and finished metal products in Azerbaijan decreased in 2023 compared to 2022 by 12.57 percent to 1.1 billion manat ($684 million).