Swedish basic metal output up 3.3 percent in February

Friday, 04 April 2014 16:44:41 (GMT+3)   |   Istanbul
       

In Sweden, industrial production decreased by 2.2 percent in February this year compared to January and rose by 1.7 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB).
 
On the other hand, the production index for the Swedish basic metal industry increased by 1.1 percent in February this year compared to the previous month, while increasing by 3.3 percent year on year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 1.2 month on month and increased by 4.5 percent compared to February 2013. Meanwhile, in the first two months of this year, basic metal production in the country increased by 3.7 and manufacture of fabricated metal products, except machinery and equipment, rose by 7.3 percent, both on year-on-year basis.
 
On month-on-month basis, new orders for Swedish industry registered an increase of 3.1 percent in February of the current year, while new orders in the given month decreased by 1.2 percent in working day-adjusted figures compared to February 2013.
 
In February this year, new orders for basic metals in Sweden rose by 0.7 percent compared to the same month of 2013. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 0.1 percent in February on year-on-year basis.
 

Similar articles

SSAB posts net loss for H1, expects demand recovery in late Q3

22 Jul | Steel News

SSAB sees reduced net profit in 2019

28 Jan | Steel News

SSAB, LKAB and Vattenfall to build pilot plant for fossil-free steel

01 Feb | Steel News

Outokumpu enhances peeled stainless bar capabilities at Degerfors mill

13 Jun | Steel News

Outokumpu to deliver 5,000 mt of stainless steel to DR Congo

01 Dec | Steel News

Swedish crude steel output down 0.86 percent in January-July

10 Sep | Steel News

Swedish crude steel output up 1.5 percent in January-June

11 Aug | Steel News

Swedish basic metal output down 3.8 percent in June from May

10 Aug | Steel News

Swedish basic metal output up 1.2 percent in May from April

10 Jul | Steel News

EU stainless crude steel output down seven percent in Q1

17 Jun | Steel News