S. African iron and steel output up 3.3 percent in September

Tuesday, 13 November 2018 15:57:58 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa (SSA), in September this year South Africa's manufacturing output increased by 0.1 percent compared to the same month of 2017.

In September, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 3.3 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 9.2 percent, while the production of structural metal products fell by 3.1 percent, when compared to the same month of the previous year. In September this year, the production of basic iron and steel products in South Africa increased by 5.8 percent, while the production of structural metal products in South Africa was up by 0.5 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 September this year increased by 6.6 percent month on month, amounting to ZAR 12.66 billion ($876 million).


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