According to the preliminary data released by Statistics South Africa (SSA), in July this year South Africa's manufacturing output increased by 2.9 percent compared to the same month of 2017.
In July, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 1.1 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 0.1 percent, while the production of structural metal products rose by eight percent, when compared to the same month of the previous year. In July this year, the production of basic iron and steel products in South Africa decreased by 0.6 percent while the production of structural metal products in South Africa increased by 6.6 percent, both on month-on-month basis.
For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in July this year increased by 8.2 percent month on month, amounting to ZAR 12.56 billion ($829 million).