Saturday, September 29 2018 17:36

ArmInfo. The metal industry of Armenia in January-August 2018 showed a decline of 16.4%, against a growth of 9.4% a year earlier. According to the RA Statistics  Committee, in January-August ferromolybdenum production in Armenia  decreased by 2.5% per annum, making 4,249 tons, against a growth of  15.2% a year earlier.

In August only, ferromolybdenum produced 392 tons, which is 19.9%  more than the July volume.  In January-August, the production of  molybdenum concentrate increased by 0.8% per annum - up to 7513 tons,  against a growth of 5.8% a year earlier. In August alone, the  production of molybdenum concentrate increased by 34.8% - to 1,186  tons. Converter (rough) copper production declined by 2.2% on an  annual basis - to 7,682 tons (against 2.7% decline a year earlier),  with a monthly decline of 5.6% - to 952 tons.  Production of copper  concentrate decreased by 19.9% - to 224.3 thousand tons, against a  growth of 8.8% a year earlier. In a monthly section, the volume of  copper concentrate production increased by 12% to 29.9 thousand tons.  The production of zinc concentrate increased during the reporting  period by 24.8% per annum - to 7,912 tons, against 21.6% growth a  year earlier. In August, the volume of zinc concentrate production  increased by 4.1% to 989 tons.

The production of aluminum foil for the reporting period decreased by  2.5% per annum - to 21,282 tons, against 9.5% growth a year earlier.  At the same time, in August the volume of aluminum foil production  decreased by 0.3% to 2,495 tons. During the reporting period, the  production of aluminum rolled products amounted to 156 tons with an  annual decline of 65.2%, against the growth in 149.3 times a year  earlier.

The production of steel pipes in the reporting period increased by  3.2% per annum - to 6,944 tons (against a growth of 55% a year  earlier), but only in August an increase of 2% was recorded - to  1,122 tons.  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.  Recall that 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, the production of converter (draft) copper decreased in  2017 by 6.7%.