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Azerbaijan boosts nationwide cast steel production

Economy Materials 19 December 2024 01:18 (UTC +04:00)
Azerbaijan boosts nationwide cast steel production
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 19. Cast steel production in Azerbaijan increased by 11.3 percent (up to 323,000 tons) from January through November 2024 year on year, Trend reports.

In the reporting period, the production of the metallurgical industry and finished metal products in the country decreased in value terms by 20.67 percent to 1.2 billion manat ($705.8 million) versus 1 billion manat ($588.2 million) during the first 11 months of 2023.

Summarized table of production of the metallurgical industry of Azerbaijan based on the data of the State Statistics Committee:

Types of products

Produced from January through November 2024

Difference compared from January through November 2023 (percent)

Quantity of ready products in warehouses for December 1, 2024

Cast steel (tons)

323,200

11.3

3,100

Fittings (tons)

396,200

30.4

21,700

Steel pipes (tons)

96,100

- 65.3

3,800

Unprocessed lead, aluminum, zinc, nickel, etc. (tons)

19,800

- 38.5

3,900

Aluminum products (tons)

57,624

49.1

2,954

Metal construction (tons)

21,188

- 1.1

11,670

Items made of metal (tons)

20,821

13.3

58.2

To note, the manufacturing value of products of the metallurgical industry and finished metal products in Azerbaijan increased by 12.57 percent to 1.16 billion manat ($680 million) in 2023 compared to 2022.

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