Saturday, August 15 2026 11:56
Alina Hovhannisyan

Armenia`s metallurgical industry achieves double-digit growth

Armenia`s metallurgical industry achieves double-digit growth

ArmInfo.  Armenia's metallurgical industry achieved a 28.7% surge in the first half of  2026, marking a sharp turnaround from the 8% decline recorded in the  same period last year.

Data from the Statistical Committee of Armenia shows that this  rebound was primarily driven by a recovery in copper and molybdenum  concentrate production—the sector's core output—alongside sustained  growth across most metal sub-sectors, with ferromolybdenum as the  sole exception.

Specifically, ferromolybdenum production accelerated from a decline  of 34.2% to 50.7%, reaching 731.2 tons. Copper concentrate production  recovered from a 9.3% decline to a 31.4% increase, reaching 172,300  tons, while molybdenum concentrate production recovered from a 10.8%  decline to a 25.7% increase, reaching 8,886,000 tons. Zinc production  reached 6,390,000 tons, accelerating from 8.7% to 9.2%. Steel pipe  production in the first half of 2026 also accelerated year-on-year,  from 5.4% to 45.8%, reaching 16,744,200 tons. Aluminum foil  production, meanwhile, slowed from 3.6% to 1%, reaching 10,319,800  tons. 

It should be noted that, according to customs data, nearly all metals  produced in Armenia are exported, primarily targeting markets in  Europe and the United States.