S. African iron and steel output down 2.5 percent in November

Wednesday, 29 January 2020 14:47:44 (GMT+3)   |   Istanbul

According to the preliminary data released by Statistics South Africa (SSA), in November last year South Africa's manufacturing output decreased by 3.6 percent compared to the same month of 2018.

In November, the production of basic iron and steel, non-ferrous metal products, metal products and machinery decreased by 2.5 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa decreased by 7.3 percent, while the production of structural metal products was down by 0.3 percent, when compared to the same month of 2018. In November last year, the production of basic iron and steel products in South Africa decreased by 8.3 percent, while the production of structural metal products in South Africa was down by one percent, both on month-on-month basis.

For basic iron and steel products, the estimated seasonally adjusted sales of basic iron and steel products (at current prices) in November last year increased by 2.7 percent month on month, amounting to ZAR 11.11 billion ($762.17 million).

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