Armenia`s metallurgy industry declined over 10-months 

ArmInfo.  Armenia's metallurgy industry experienced a 7%  decline in the first 10 months  of this year (compared to a 4% growth a year ago), according to data  from the RA Statistics Committee.

The decrease in annual growth was largely due to a drop in copper  concentrate, the dominant type of production, as well as the decline  in ferromolybdenum and molybdenum concentrate production.

Specifically, copper concentrate production in the first 10 months  amounted to 253,000 tons, a 9.1% year- on-year decline (compared to a  8.9% growth a year earlier). Molybdenum concentrate production  continued its decline, decelerating from 28.5% to 14.1%, reaching  12,500 tons. Ferromolybdenum production also slowed, falling from  43.3% to 29.8%, amounting to 2,500 tons.

Additionally, zinc production slowed, falling from 32.5% to 9.3%, and  steel pipe production slowed from 17.8% to 14.1%, reaching 9,400 tons  and 23,000 tons, respectively. Aluminum foil production increased by  4.7% (from a 25% decline the previous year), reaching 17,200 tons  over the first 10 months. All metals produced in Armenia are  exported, primarily to Europe and the United States.