Tuesday, January 9 2018 19:24
Alina Hovhannisyan

By December 2017, the metallurgy industry of Armenia had deduced the annual dynamics from the 6.3% decline by 11.4%

By December 2017, the metallurgy industry of Armenia had deduced the  annual dynamics from the 6.3% decline by 11.4%

ArmInfo. In 11 months of the  year, the metallurgical industry of Armenia increased production by  11.4% per annum, against 6.3% decline for the same period in 2016.   According to the National Statistical Service of Armenia, in  January-November 2017, production of ferromolybdenum in Armenia  increased by 3.9% compared to the same period of the previous year,  amounting to 6 098 tons. Only in November ferromolybdenum was  produced 577 tons, which is by 12.3% more than October volume.

In Jan-Nov 2017 the production of molybdenum concentrate increased by  3.8% to 10133 tons, and only in November the growth was registered by  16.9% - up to 929 tons. The production of converter (rough) copper  decreased in Jan-Nov by 7% - to 10,835 tons. At the same time, in the  monthly section, the production of converter (rough) copper increased  by 9.6% to 1118 tons. The production of copper concentrate increased  by 10.1% per annum in January-November to 393.7 thousand tons, and  only in November the volume of production amounted to 37.8 thousand  tons, with a monthly decline of 4.3%.

Production of aluminum foil in January-November amounted to 30,349  tons with an annual growth of 15.8%, but only in November the output  of aluminum foil increased by 0.6% to 3,039 tons. The volume of  output of aluminum rolled products for January-November amounted to  542 tons, which is 97 times higher than the same period of the  previous year, against the decline of 47.7% a year earlier.

The production of steel pipes increased in January-November to 34.5%  per annum - up to 9,834.7 tons, but only in November - decreased by  13.6% to 937 tons. The production of zinc concentrate increased in  Jan- Nov by 16.3% per annum - up to 8,555 tons, of which only in  November there were 492 tons with a decline of 41.3%.

Data on the production of molybdenum briquettes in the statistics of  the reporting period are absent, while a year earlier in the same  period the volume was 367 tons.

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

In 2016, the metallurgical industry of Armenia reduced production by  11.1% per annum, against a 0.5% decline in 2015. In particular, the  production of molybdenum briquettes was reduced by 50.9%, aluminum  rolled products by 47.7%, steel pipes by 22.6%, zinc concentrate by  30.3% and aluminum foil by 2.1%, while in 2016, growth was recorded  for the production of ferromolybdenum - by 16.9%, convertor (rough)  copper - by 11.4%, copper concentrate - by 23.1%, and molybdenum  concentrate by 2.1%.

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