9,658.72 TRY BIST 100 BIST 100
5.03 CNY CNY CNY
37.89 EUR EUR EUR
36.48 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
38.20 TRY Interest Interest
73.10 USD Fossil Oil Fossil Oil
31.23 USD Silver Silver
4.55 USD Copper Copper
102.60 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,361.18 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

Saudi Arabia’s steel pipe manufacturers announce 2024 financial results

Monday, March 3, 2025

Salzgitter AG announced participation in the renovation of the Rader High Bridge

Monday, March 3, 2025

European Commission declares Action Plan to support European consumers and businesses

Monday, March 3, 2025

Scrap prices expected to stabilize in Russia

Monday, March 3, 2025

Pakistan and Russia begin talks for a new steel plant

Monday, March 3, 2025
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