S. African iron and steel output up 3.7 percent in September

Thursday, 16 November 2017 17:03:13 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa (SSA), in September this year South Africa's manufacturing output decreased by 1.6 percent compared to the same month of 2016.

In September, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 3.7 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 12.1 percent, while the production of structural metal products fell by 7.9 percent, both on year-on-year basis. As compared with August, in September this year the production of basic iron and steel products in South Africa increased by 0.9 percent and production of structural metal products rose by 0.6 percent.

For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in September this year decreased by 0.9 percent month on month, amounting to ZAR 10.83 billion ($759.94 million).


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