8,964.10 TRY BIST 100 BIST 100
4.83 CNY CNY CNY
34.26 USD USD USD
36.94 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
79.26 USD Fossil Oil Fossil Oil
31.23 USD Silver Silver
4.43 USD Copper Copper
97.91 USD Iron Ore Iron Ore
383.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,916.04 TRY Gold (gr) Gold (gr)

Rebar production in Azerbaijan increased by 85%

In January-February 2024, there was a significant increase in rebar production.

Rebar production in Azerbaijan increased by 85%

According to the latest data from the State Statistics Committee, rebar production in Azerbaijan for January-February this year increased by an impressive 85.1% compared to the same period last year. As a result of this significant growth, 58.5 thousand tonnes of rebar were produced during the period, which undoubtedly indicates the dynamic development of this sector of the metallurgical industry in the country.

This impressive growth can be interpreted as an indicator of the activity and potential of the Azerbaijani market of construction materials. At the same time, it is important to note that as of 1 March this year, there were additional 14,009 tonnes of finished rebar products in the country's warehouses.

However, in addition to the growth of rebar production, there is a decrease in the output of other metallurgical products. Thus, the production of aluminium products in the metallurgical industry in the reporting period decreased by 2.2 times, and the production of metal structures in the field of finished metal products decreased by 14.2%.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Chinese company Tsingshan Holding to undertake construction of Iraq’s first industrial city

Thursday, October 24, 2024

Formosa Ha Tinh Steel exceeds market expectations with domestic price increase

Thursday, October 24, 2024

Türkiye's billet and bloom imports decreased by 25.1% in January-August period

Thursday, October 24, 2024

India may face iron ore shortage risk

Thursday, October 24, 2024

Brazil increases tariffs on some construction steel products

Thursday, October 24, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now