ArmInfo. In Jan-Nov 2016, metallurgy output in Armenia experienced 6.3% year-over-year drop versus 5.2% growth in Jan-Nov 2015. The ferromolybdenum output in Armenia rose by 14.3% to 5870 tons. The National Statistical Service of Armenia reports that in November alone the ferromolybdenum output made up 608 tons (6.2% less than in Oct 2016).
In Jan-Nov 2016, the output of molybdenum concentrate grew by 1.6% to 9760 tons (down 4.4% to 875 tons in Nov 2016); blister copper output rose by 11.8% to 11656 tons in Jan-Nov 2016 (up 3% to 1295 tons in Nov 2016); copper concentrate output grew by 26.2% to 357.5 thsd tons in Jan-Nov 2016 (down 4.9% to 31.3 thsd tons in Nov 2016).
The aluminum foil output in Armenia fell by 3.5% to 26210 tons in Jan-Nov 2016 versus Jan-Nov 2015 (up 39% to 2365 tons in Nov 2016); the output of steel pipes fell by 24% to 1042 tons (up 19.9% to 1042 tons in Nov 2016); zinc concentrate output declined by 30.1% to 7359 tons (down 4.5% to 592 tons in Nov 2016).
All metals manufactured in Armenia are exported mostly to Europe and the United States.
To note, in 2015 the metallurgy sector of Armenia reduced its output by 15%. Particularly, the output of ferromolybdenum dropped by 14.6%, molybdenum concentrate - by 11.6%, rolled aluminum - by 45.7%, zinc concentrate - by 23%. At the same time, the output of blister copper increased by 18.2%, copper concentrate - by 64.1%, aluminum foil - by 1.4%, and steel pipes - by 6.7%.
