Thursday, November 7 2019 16:29
Alina Hovhannisyan

The metallurgical industry of Armenia had growth since October 2019

The metallurgical industry of Armenia had growth since October 2019

ArmInfo. In the 9 months of 2019, the metallurgical industry of Armenia increased production by 12.7% per annum, against an 18.6% decline for the same period of  2018. According to the Statistical Committee of the Republic of  Armenia, in January-September 2019, the production of ferromolybdenum  in Armenia increased by 12.9% compared to the same period of the  previous year, amounting to 5,628.4 tons. In September alone, 668.4  tons of ferromolybdenum were produced, which is 33.9% more than the  August volume.

In January-September of this year the production of molybdenum  concentrate increased by 31.8% to 10 995.9 tons, and only in  September there was a decline of 11.9% to 1,329 tons. The production  of copper concentrate increased in January-September by 13.8% - up to  280.9 thousand tons, and only in September the volume of production  amounted to 38.9 thousand tons, with a monthly decline of 15.1%. The  production of zinc concentrate, in contrast, decreased in  January-September by 5.1% per annum - to 8,311 tons, of which 840  tons accounted for September (monthly decline by 25.7%).

In January-September, the production of aluminum foil increased by  3.3% per annum - up to 23,237 tons, and only in September the  production of aluminum foil increased by 4.1% to 2,602 tons.   Production of steel pipes increased in January-September by 4.8% per  annum - up to 8,364 tons, and only in September decreased by 69.3% to  623 tons.

All metals produced in Armenia are exported, mainly to Europe and the  USA.  To recall, the metallurgical industry of Armenia in 2018  reduced the volume of production by 23% per annum, against the 11.3%  growth in 2017. In particular, ferromolybdenum production increased  by 10.4%, molybdenum concentrate - by 1.4%, copper concentrate - by  25.9%, zinc concentrate - by 12.3%. At the same time, the production  of aluminum foil decreased by 14.5%, aluminum rolled products - by  69.8%, steel pipes - by 3.5%, blister copper - by 26.7%. 

POST A COMMENT
Input digits     


News
iDram
btn

Exchange rates
24.09.2020
RUB6.28-0.08
USD485.32-0.10
EUR565.06-3.56
GBP618.490.36
CAD362.13-2.35
JPY46.06-0.18
CNY71.34-0.06
CHF524.33-3.70



Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000