According to the latest data released by Statistics
South Africa, in October this year the country's producer price index (PPI) for the basic iron and steel industry increased 1.7 percent compared to September and was up 13.2 percent compared to October 2012.
The PPI for exported basic iron and steel in
South Africa in the given month improved by one percent compared to the previous month and was up 6.9 percent year on year. Meanwhile, in
South Africa the PPI for imported basic iron and steel in October this year remained stable on both year-on-year and month-on-month basis.