Monday, April 6 2026 18:48
Alina Hovhannisyan

Armenia`s metallurgical industry shows double-digit growth

Armenia`s metallurgical industry shows double-digit growth

ArmInfo.Armenia's metallurgical industry increased production by an average of 15.1% year-on-year in January-February 2026 (compared to a 26% decline a year ago). According to data from the Statistical Committee, all  metallurgical products produced in the country saw an increase in volume, except for ferromolybdenum.

Specifically, ferromolybdenum production accelerated from a  year-on-year decline of 31.2% to 54%, reaching 246.1 tons. Meanwhile,  production of copper concentrate, the dominant 

Molybdenum concentrate production in the country also reversed its  year-on-year trend, from a 34.9% decline to a 26.5% increase,  reaching 2,353.2 tons. Aluminum foil production  recovered from a  4.3% decline to a 5.2% increase, reaching 3,186 tons. Zinc  concentrate production slowed slightly in year-on- year growth, from  20.8% to 18.4%, reaching 2,300 tons. Production of steel pipes,  hollow sections, and fittings accelerated in year-on-year growth,  from 9.6% to 22.9%, reaching 4,360.2 tons. All metals produced in  Armenia are exported, mainly to Europe and the US.