S. Africa's iron ore output down 11.4 percent in November from October

Monday, 30 January 2017 14:22:40 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa, in November last year the seasonally adjusted index of iron ore mining production in South Africa decreased by 11.4 percent, while the country's manganese ore production index rose by 6.4 percent, both month on month. In the given month, South Africa's nickel production was down by 11.1 percent month on month.
 
On year-on-year basis, in November last year South African iron ore production decreased by 8.7 percent, manganese ore production rose by 26.9 percent, while the country's nickel output was down by 29.3 percent.
                
Furthermore, the country's seasonally adjusted iron ore sales at current prices in October increased by 2.3 percent compared to the previous month, to ZAR 3.24 billion ($238.49 million), while the seasonally adjusted nickel sales value at current prices was down by 7.1 percent in October compared to September, amounting to ZAR 532.5 million ($39.14 million). South Africa's seasonally adjusted manganese ore sales in October at current prices totaled ZAR 1.58 billion ($116.77 million), up 39.7 percent month on month.
 
The year-on-year percentage change at current prices in October last year was up 36.8 percent in iron ore sales, was down by 40.5 percent in nickel sales and rose by 39.1 percent in manganese ore sales.

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