Thursday, November 1 2018 16:32

ArmInfo. For the first 9 months of 2018, the metallurgical industry of Armenia reduced  production by 18.6% per annum, against 8.4% growth in the same period  of 2017. According to the Statistics Committee of the Republic of  Armenia, in January-September 2018, ferromolybdenum production in  Armenia decreased by 0.4% compared to the same period of the previous  year, making 4,986 tons. In September alone, 737 tons of  ferromolybdenum were produced, which is 88% more than the August  volume.

In Jan-Sep 2018 production of molybdenum concentrate decreased by  0.8% - to 8,340 tons, and in September alone, a decline of 30.3% was  recorded - to 827 tons. Converter (rough) copper production declined  in January-September by 2.5% to 8476 tons. At the same time, monthly  production of converter (rough) copper decreased by 16.6% to 794  tons. Copper concentrate production fell in January-September by 22%  - to 246.9 thousand tons, but in September alone, production amounted  to 22.6 thousand tons, with a monthly decline of 24.4%.

Production of aluminum foil decreased in January-September by 7.4%  per annum - to 22,490 tons, and in September alone, the production of  aluminum foil decreased by 35.5% to 1,208 tons. The production of  aluminum rolled products amounted to 156 tons, which is less than a  year ago by 71.2%.

Production of steel pipes increased by 2.1% y-o-y in  January-September - to 7 979 tons, but only in September decreased by  7.8% to 1035 tons.

The production of zinc concentrate increased by 21.2% per annum in  January-September - to 8754 tons, of which 842 tons  were produced in  September (a decline of 14.9% over the month).

Data on the production of molybdenum briquettes in the statistics of  the reporting period are not available.

All metals produced in Armenia are exported, mainly to Europe and the  USA.

To recall in 2017, the metallurgical industry of Armenia increased  its production by 11.3% per annum, against the 11.1% decline in 2016.  In particular, ferromolybdenum production increased by 1.1%,  molybdenum concentrate - by 2.8%, copper concentrate increased by  10.3% in 2017, aluminum foil - by 14.4%, rolled aluminum - by up to  543 tons, steel pipes - by 36.2%, zinc concentrate - by 22.2%. At the  same time, production of converter (rough) copper decreased in 2017  by 6.7%.