S. Africa's iron ore output down 8.5% in August from July

Thursday, 16 October 2014 15:08:09 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa, in August this year the seasonally adjusted index of iron ore mining production in South Africa decreased by 8.5 percent, while the country's manganese ore production index increased by 1.4 percent, both compared to July. On the other hand, in the given month South Africa's nickel production increased by 16.2 percent month on month.

On year-on-year basis, in August this year South African iron ore production increased by 21.7 percent, manganese ore production increased by 19.2 percent, while the country's nickel output expanded by 9.5 percent.

Furthermore, the country's seasonally adjusted iron ore sales at current prices in July this year decreased by 15 percent compared to the previous month, to ZAR 4.38 billion ($392.47 million), while the seasonally adjusted nickel sales value at current prices increased by 27.3 percent in July compared to June, amounting to ZAR 954.4 million ($85.52 million). South Africa's seasonally adjusted manganese ore sales in July at current prices totaled ZAR 1.10 billion ($98.56 million), down 10.4 percent month on month.

The year-on-year percentage change at current prices in July this year was down 12.3 percent in iron ore sales, increased by 67.2 percent in nickel sales and was down 28.6 percent in manganese ore sales.


Similar articles

Daily iron ore prices CFR China - April 19, 2024

19 Apr | Scrap & Raw Materials

Vale's iron ore exports up 97.5 percent in January

19 Apr | Steel News

Major steel and raw material futures prices in China - April 19, 2024

19 Apr | Longs and Billet

Iron ore prices continue to rise, heading towards $120/mt CFR

18 Apr | Scrap & Raw Materials

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

BHP Billiton’s iron ore output down in Q3 FY 2023-24, metallurgical coal output forecast lowered

18 Apr | Steel News

China’s iron ore output increases by 15.3 percent in Q1

18 Apr | Steel News

Major steel and raw material futures prices in China - April 18, 2024

18 Apr | Longs and Billet

Brazilian high-grade iron ore price increases sharply week-on-week

17 Apr | Scrap & Raw Materials

Iron ore production increases at Vale in Q1

17 Apr | Steel News