ArmInfo. The metallurgical industry of Armenia in January 2020 compared to January 2019 increased production by 49.3%, compared with a 5% decline a year earlier. According to the RA Statistical Committee, in January 2020, ferromolybdenum production increased by 15.6% compared to the same period in 2019, amounting to 562 tons, compared to an increase of 40.9% a year earlier.
During the reporting period, the production of molybdenum concentrate increased 1.9-fold- up to 1544 tons, against a decline of 14.1% a year earlier. Copper concentrate production increased by 48.1% to 35.5 thousand tons, against a decline of 14.9% a year earlier. Zinc concentrate production increased by 43.3% to 1045 tons, against a decline of 5.7% a year earlier.
The production of aluminum foil in January 2020 compared to the same period in 2019 increased by 37.2% - up to 2,901 tons, against the 32.9% decline a year earlier.
The production of steel pipes, hollow profiles and fittings decreased in January 2020 by 9.3% per annum (against the decline by 9.2% a year earlier), amounting to 624 tons.
Alloy (carbon) steel castings were produced in January 2020 in the amount of 1,772 tons, with an increase of 2.8- fold over the year, against a decline of 69% a year earlier.
All metals produced in Armenia are exported, mainly to Europe and the USA.
To recall, the metallurgical industry of Armenia in 2019 slowed down the decline in production volumes to 4.7% from 7.2% in 2018 (against an increase of 11.3% in 2017). In particular, ferromolybdenum production increased by 5.5%, molybdenum concentrate - by 28.9%, copper concentrate - by 26%, aluminum foil - by 7.7%, steel pipes - by 7.6%. Zinc concentrate production increased by 3.8%. At the same time, the production of alloy (carbon) steel castings decreased in 2019 by 15.2%.
