Robust turnover growth for basic metals and metal products
In the first quarter of 2007, turnover in the metal, electronic and transport equipment branch was 17 percent up on the first of 2006; output volume increased by 10 percent over the same period, making it the best-performing branch in the manufacturing industry sector.
Part of the turnover increase was due to higher selling prices, which rose by 4 percent in the first quarter of 2007 relative to the same period last year. The main reason for the price increase is the growing demand for metals on the global market.
The manufacture of basic metals and metal products was also thriving in 2006. Turnover increased by 12 percent last year and output by nearly 4 percent relative to 2005.