S. African iron and steel output up 18.7 percent in February

Thursday, 10 April 2014 17:28:48 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa (SSA), in February this year South Africa's manufacturing output rose by 1.4 percent compared to the same month of 2013.
The main reasons for the increase included the 4.4 percent increase in output of petroleum, chemical products, rubber and plastic products, the 3.4 percent increase in the production of food and beverages, and the output growth of 1.3 percent in basic iron and steel, non-ferrous metal products, metal products and machinery, according to the SSA.
 
The production of basic iron and steel products in South Africa increased by 18.7 percent year on year in February, while the seasonally adjusted production index of basic iron and steel products decreased by 2.8 percent in the given month compared to January.
 
For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in February this year decreased by 12.8 percent month on month, amounting to ZAR 8.85 billion ($849.25 million), while the actual sales value of basic iron and steel products increased by 6.2 percent year on year.

Similar articles

S. African iron and steel output down 9.2 percent in March

12 May | Steel News

S. African iron and steel output down 24.6 percent in February

12 Apr | Steel News

S. African iron and steel output down 16.4 percent in January

12 Mar | Steel News

S. African iron and steel output down 43.4 percent in July

11 Sep | Steel News

Bushveld Minerals’ vanadium output rises in H1 due to Vanchem acquisition

04 Sep | Steel News

S. African iron and steel output down 82 percent in April

09 Jul | Steel News

Samancor Chrome declares force majeure due to lockdown in S. Africa

01 Apr | Steel News

S. African iron and steel output down 2.5 percent in November

29 Jan | Steel News

S. African iron and steel output up 3.2 percent in October

11 Dec | Steel News

S. African iron and steel output up 3.3 percent in September

13 Nov | Steel News