You are here: Home > Steel News > Latest Steel News > Swedish...

Swedish basic metal output up 2.3 percent in June compared to May

Thursday, 11 August 2016 17:05:11 (GMT+3)   |   Istanbul
       
In Sweden, industrial production decreased by 0.4 percent in June this year compared to the previous month and fell by 1.4 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 2.3 in June this year compared to the previous month, while rising by 14.7 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 0.1 percent month on month and was down by 4.5 percent year on year.
 
In June, new orders received by Swedish industry rose by 0.7 month on month, while they fell by 1.6 percent in working day-adjusted figures compared to June 2015.
 
In June of the current year, new orders for basic metals in Sweden increased by 14.4 percent compared to the same month of 2015, including a 27.7 percent increase in domestic orders and a 10.3 percent rise in export orders, while new orders for basic metals were up by 4.7 percent compared to May. Meanwhile, new orders received by the Swedish fabricated metal products industry, except machinery and equipment, decreased by 6.1 percent in June on year-on-year basis.

Similar articles

LKAB reports lower net profit and sales revenues for Q3

28 Oct | Steel News

Sweden’s Alleima to expand steam generator tubing capacity

30 Sep | Steel News

LKAB registers lower net profit and sales revenues in H1

16 Aug | Steel News

Sweden’s LKAB to combine ENERGIRON and HYBRIT technologies at DRI plant in Gällivare

13 Feb | Steel News

HYBRIT’s fossil-free hydrogen gas storage facility to cut costs by up to 40 percent

18 Oct | Steel News

H2 Green Steel and Gotland Company collaborate on green hydrogen

03 Jul | Steel News

SSAB’s fossil-free steel to be used for auto component production

07 Mar | Steel News

LKAB’s sales revenues increase in Q4 amid higher dollar exchange rate

17 Feb | Steel News

Sweden’s SSAB posts higher financial results for Jan-Sept

04 Nov | Steel News

LKAB’s sales revenues down in Q3 amid lower iron ore prices

03 Nov | Steel News