S. African iron ore mining output index up 23.4% in May

Monday, 16 July 2012 13:47:20 (GMT+3)   |  
       

According to the preliminary data released by Statistics South Africa, in May this year the country's actual mining production index increased by 0.8 percent compared to May 2011, while the seasonally adjusted mining production index in May increased by 6.5 percent compared to April this year.
 
In South Africa, the iron ore mining production index in May increased by 23.4 percent year on year, up 3.1 percent over April, while the country's manganese ore production index in May decreased by 16 percent compared to May 2011 and was down 1.7 percent month on month. On the other hand, South Africa's nickel production index in the month in question increased by 22.5 percent compared to the same month last year, rising 4.6 percent compared to the previous month.
 
Furthermore, the seasonally adjusted iron ore sales value at current prices in April this year decreased by four percent compared to March, falling to ZAR 4.87 billion ($591 million), up 13 percent compared to April 2011. In April this year, the seasonally adjusted manganese ore sales value at current prices was ZAR 618.8 million ($75 million), falling 22.5 percent month on month and down 16.1 percent compared to April last year, while the seasonally adjusted nickel sales value at current prices decreased by 20.2 percent compared to March, to ZAR 357 million ($43.2 million), down 33.7 percent compared to April 2011.

Similar articles

Ferrexpo records best quarterly performance since invasion of Ukraine

24 Apr | Steel News

Major steel and raw material futures prices in China – Apr 24, 2024 

24 Apr | Longs and Billet

Brazilian high-grade iron ore price declines week-on-week

23 Apr | Scrap & Raw Materials

Canadian iron ore production down 1.0 percent in February

23 Apr | Steel News

Daily iron ore prices CFR China - April 23, 2024

23 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - April 23, 2024

23 Apr | Longs and Billet

Iron ore exports via Port Hedland up 29.0 percent in March from February

23 Apr | Steel News

Mexican iron pellet production in February up 2.8 percent

22 Apr | Steel News

India’s KIOCL seeks 200,000 mt of iron ore fines in lieu of equivalent volume of pellets to be exported

22 Apr | Steel News

Daily iron ore prices CFR China - April 22, 2024

22 Apr | Scrap & Raw Materials