S. African iron and steel output down 0.2 percent in June

Wednesday, 08 August 2018 16:12:40 (GMT+3)   |   Istanbul

According to the preliminary data released by Statistics South Africa (SSA), in June this year South Africa's manufacturing output increased by 0.7 percent compared to the same month of 2017.

In June, the production of basic iron and steel, non-ferrous metal products, metal products and machinery decreased by 0.2 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 14.1 percent, while the production of structural metal products declined by 11.8 percent, when compared to the same month of the previous year. In June this year, the production of basic iron and steel products in South Africa increased by 1.3 percent while the production of structural metal products remained unchanged in South Africa, both on month-on-month basis.

For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in June this year increased by 0.6 percent month on month, amounting to ZAR 11.63 billion ($865.13 million).

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