Friday, May 8 2026 17:40
Alina Hovhannisyan

Armenia`s metallurgy industry records growth in Q1 2026

Armenia`s metallurgy industry records growth in Q1 2026

ArmInfo.Armenia's metallurgical industry saw a significant rebound in the first quarter of 2026, with production volumes increasing by 18.9% compared to the same period in 2025.

This marks a sharp recovery from the 20% decline  recorded a year ago. According to data from the Statistical Committee  of Armenia, the positive shift in dynamics is primarily attributed to  a resurgence in the dominant sectors of the industry: copper and  molybdenum concentrates: The industry's primary outputs returned to  growth, acting as the main engine for the overall sectoral increase;   zinc concentrate: Maintained its steady upward trajectory throughout  the quarter; finished products: continued growth was also observed in  the manufacturing of steel pipes, hollow profiles, and fittings.

Specifically, copper concentrate production in Armenia increased by  20.3% year-on-year (compared to a 23.7% decline a year ago), reaching  73,000 tons. Molybdenum concentrate production also increased by  30.6% year-on-year (compared to a 26.9% decline the previous year),  reaching 3,146,300 tons.

Production of steel pipes, hollow sections, and fittings accelerated  its annual growth rate from 11.4% to 29.4%, reaching 6,996,600 tons.  Zinc production slowed in its annual growth rate from 23.6% to 13.7%,  reaching 3,372,000 tons. Meanwhile, ferromolybdenum production  accelerated in its annual decline from 30.7% to 61.7%, reaching 324.4  tons. Aluminum foil production slowed in its annual decline, from  5.3% to 1.3%, reaching 4,623,700 tons. All metals produced in Armenia  are exported primarily to Europe and the USA.