Wednesday, July 7 2021 17:11
Karina Melikyan

By June 2021, metallurgical industry of Armenia has increased  production volumes by 17% per annum

By June 2021, metallurgical industry of Armenia has increased  production volumes by 17% per annum

ArmInfo.The metallurgical industry of Armenia slowed down the y-o-y production growth in January-May 2021 to 17% from 24.4% in the same period of 2020. This is evidenced  by the data of the RA Statistical Committee.

In particular, the production of ferromolybdenum in Armenia decreased  in the reporting period by 12.5% per annum - to 2.996 thousand tons,  against an increase of 12.3% a year earlier. In May alone, 644.7 tons  of ferromolybdenum were produced, which is 0.7% less than in April.

In the first five months, the production of molybdenum concentrate  increased by 2.6% per annum - to 9.713 thousand tons, against an  increase of 70.5% a year earlier. In May alone, the production of  molybdenum concentrate did not change - 2.403 thousand tons.

Copper concentrate production increased by 4.9% - to 164.6 thousand  tons, against an increase of 24.1% a year earlier. On a monthly terms  (in May), the production of copper concentrate increased by 9.4% to  36.2 thousand tons.

Zinc concentrate production decreased over the reporting period by  20.4% per annum - to 4,721 thousand tons, against 30.9% growth a year  earlier. In May, the production of zinc concentrate decreased by 3.5%  - to 977 tons.

Production of aluminum foil for the reporting period decreased by 3%  per annum, amounting to 14,087 thousand tons, while a year earlier  for the same period, production volumes showed an increase of 10.9%. 

At the same time, in May, the production of aluminum foil increased  by 7.7% to 2.8 thousand tons.  The production of steel pipes in the  reporting period of 2021 increased by 29.5% per annum - to 6,277  thousand tons (against an increase of 26.1% a year earlier), and in  May alone, there was an increase of 21.1% - to 1,420.2 tons.

Castings from unalloyed (carbon) steel were produced in the reporting  period in the amount of 33,817 thousand tons, with a 4.8-fild y-o-y  growth (against an increase of 17.8% a year earlier), while almost  all production volume was ensured in May - 30,928 thousand tons  (against 165.1 tons in April).  All metals produced in Armenia are  mainly exported to Europe and the USA.