S. African iron ore sales value up 44.3 percent in 2011

Tuesday, 13 March 2012 16:20:24 (GMT+3)   |  
       

According to the preliminary data released on March 13 by Statistics South Africa, in January this year the country's mining output contracted by 2.5 percent compared to January 2011, while seasonally adjusted manufacturing production for the three months ended January 31 increased by 5.5 percent compared to the previous three months ended October 31 last year.

In South Africa, the seasonally adjusted index of the volume of iron ore production in January this year decreased by five percent month on month and was up 26 percent compared to January 2011. Meanwhile, the seasonally adjusted index of the manganese ore production volume in January increased by 9.8 percent compared to December 2011 and rose by 39 percent year on year.

Furthermore, the seasonally adjusted iron ore sales value at current prices in December last year increased by 8.8 percent compared to November, rising to ZAR 5.87 billion ($779 million). In the vhole of 2011, South Africa's iron ore sales value rose 44.3 percent compared to 2010, to ZAR 62.63 billion ($8.3 billion).


Similar articles

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials

Anglo American’s iron ore output up 9.4 percent in Q1

24 Apr | Steel News

Ferrexpo records best quarterly performance since invasion of Ukraine

24 Apr | Steel News

Major steel and raw material futures prices in China – Apr 24, 2024 

24 Apr | Longs and Billet