According to the preliminary data released by Statistics South Africa (SSA), in June this year South Africa's manufacturing output decreased by 2.3 percent compared to the same month of 2016.
In June, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 2.4 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa fell by 7.9 percent, while the production of structural metal products rose by 5.9 percent, both on year-on-year basis. As compared with May, in June this year the production of basic iron and steel products in South Africa decreased by 5.7 percent and production of structural metal products rose by 12.8 percent.
For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in June this year decreased by 2.1 percent month on month, amounting to ZAR 10.1 billion ($758.5 million).