S. Africa's iron ore output down 1.7 percent in June from May

Friday, 11 August 2017 16:58:09 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa, in June this year the seasonally adjusted index of iron ore mining production in South Africa decreased by 1.7 percent, while the country's manganese ore production index fell by three percent, both month on month. In the given month, South Africa's nickel production was up by 7.9 percent month on month.

On year-on-year basis, in June this year South African iron ore production decreased by 4.4 percent, manganese ore production rose by 26.4 percent, while the country's nickel output was up by 9.7 percent.

Furthermore, the country's seasonally adjusted iron ore sales at current prices in May this year decreased by 5.7 percent compared to the previous month, to ZAR 3.2 billion ($237.7 million), while the seasonally adjusted nickel sales value at current prices was up by 17.5 percent in May compared to April, amounting to ZAR 604.1 million ($44.82 million). South Africa's seasonally adjusted manganese ore sales in May at current prices totaled ZAR 2.09 billion ($155.05 million), up 27.5 percent month on month.

The year-on-year percentage change at current prices in May was down 9.5 percent in iron ore sales, was down by three percent in nickel sales and rose by 8.8 percent in manganese ore sales.


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