ArmInfo.Metallurgical industry of Armenia increased production volumes by 6.2% per annum in January-February 2022 (against a 1.4% decline over the same period in 2021).
This is evidenced by the data of the RA Statistical Committee. In particular, in January-February the production of ferromolybdenum increased by 33.2% per annum, amounting to 1460.8 tons. In February alone, 713.5 tons of ferromolybdenum were produced, which is 4.5% lower than in January.
The production of molybdenum concentrate for the reporting period increased by 19.4%, amounting to 3.467 thousand tons, and in February alone a decline of 17.9% - up to 1.563 thousand tons was recorded.
The production of zinc concentrate increased in January-February by 8.6% per annum - up to 1.848 thousand tons, of which 868 tons fell on February with a monthly decline of 11.4%.
While in January-February a decline by 14.8% per annum - to 53.8 thousand tons was recorded in the production of copper concentrate, and in February alone the volume decreased by 6.4% - up to 26 thousand tons. And for the production of aluminum foil - in January-February by 7.9% per annum to 5.389 thousand tons, with a decline in volume only in February by 4.7% - to 2.629 thousand tons.
The y-o-y decline was also recorded in the production of steel pipes - in January-February by 25.9% per annum - up to 1740.5 tons, with an increase in volume in February by 60.3% - up to 1071.9 tons.
In January-February in the amount of 16175.1 tons castings from non-alloyed (carbon) steel were produced, which is 8.4-fold higher than the indicator of a year ago. Over the month, production volumes increased by 36.4%, amounting to 9.334 thousand tons. It should be noted that in 2021, according to customs data, Armenia reduced the volume of exports of copper ore by 15.7% - to 429.5 thousand tons (against a decline in 2020 by 9.3%).
However, in value terms, copper ore exports increased by 27.3% to $769.2 million. Copper ore was exported mainly to China (39%), Switzerland (33.8%) and Bulgaria (27.2%). A decline was also recorded in the export of zinc concentrate by 11% - to 11.9 thousand tons, against an increase of 10.9% in 2020. And the customs value increased by 25.3% - up to $16.1 million. Moreover, the entire volume, like a year earlier, fell on Belgium. Exports of molybdenum concentrate decreased by 37.4% in the reporting year (against a multiple growth in 2020), amounting to 10.2 thousand tons, with an increase in customs value by 17.9% to $122.3 million. Exports mainly fell on China (81.8%), and the remaining volume was distributed in the direction of Switzerland (8.1%), the Republic of Korea (4.9%), Belgium (4.5%) and Russia (0.6%).
