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Wednesday, October 19, 2011

Swedish crude steel output up 24 percent in Sept over Aug

Wed,19 October,2011

According to the latest data released by Swedish Steel Producers' Association (Jernkontoret), in September this year Swedish crude steel production amounted to 382,400 metric tons, decreasing by 13.2 percent year on year but up 24.1 percent as compared to August this year.

Meanwhile, in the first nine months of the current year Swedish crude steel production amounted to 3,750,600 mt, with an increase of 4.5 percent compared to the same period last year.

Jernkontoret indicates that in Sweden at present around 60 percent of the total production comprises alloyed steel which also includes stainless steels. In the rest of the EU, as well as in the USA and Japan, alloy steels only comprise 10-15 percent of steel production.

Jernkontoret also noted that, per capita steel consumption in Sweden is close to 500 kg, which is relatively high in international terms. The average for EU-27 countries is around 390 kg per capita according to World Steel Association data for 2008.

Tags: raw mat, Sweden , Europe , production , European Union
(sourced steelorbis)

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