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STOCKHOLM (Scrap Monster): Swedish crude steel production declined by 3.4% year-on-year to 298,300 metric tons (mt) in August but advanced strongly as compared to 162,000 mt of crude steel output recorded in July this year, according to the latest data released by the Swedish Steel Producers' Association (Jernkontoret).

In the first eight months of 2012, Swedish crude steel production totaled 2.95 million mt, with a decrease of 12.5% compared to the same period of 2011.

Meanwhile, in the first half of the current year Sweden's exports of finished steel, including blooms and billets, amounted to 1.9 million mt, down 7.4% year-on-year. Swedish finished steel imports in the first half also totaled 1.9 million mt, down 4.5% compared to the same period of 2011.