Swedish crude steel output falls in February
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According to the latest data released by the Swedish Steel Producers' Association (Jernkontoret), in February this year Swedish crude steel production amounted to 378,200 metric tons, decreasing by 16.1 percent year on year and down 8.5 percent as compared to January.
In the first two months of 2012, Swedish crude steel production totaled 791,600 mt, with a decrease of 10.7 percent compared to the same period of 2011.
Meanwhile, according to the data released by Statistics Sweden (SCB), in January this year Swedish industrial production increased by 3.6 percent in seasonally adjusted figures compared to December 2011, while the country's industry production increased by 2.1 percent year on year. In January, basic metal production in Sweden decreased 0.9 percent compared to the same month of 2011, while it rose 5.1 percent compared to the previous month. On the other hand, in January the output of Swedish manufacture of fabricated metal products, except machinery and equipment, increased 1.7 percent over January 2011 and was down 2.5 percent month on month.