S. Africa's iron ore output down 1.8 percent in September from August

Monday, 21 November 2016 17:01:49 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa, in September this year the seasonally adjusted index of iron ore mining production in South Africa decreased by 1.8 percent, while the country's manganese ore production index rose by 2.8 percent, both month on month. In the given month, South Africa's nickel production was down by 3.7 percent month on month.
 
On year-on-year basis, in September this year South African iron ore production increased by 11.7 percent, manganese ore production fell by 11.6 percent, while the country's nickel output was down by 15.5 percent.
 
Furthermore, the country's seasonally adjusted iron ore sales at current prices in August increased by 8.9 percent compared to the previous month, to ZAR 4.01 billion ($282.31 million), while the seasonally adjusted nickel sales value at current prices was up by 44.2 percent in August compared to July, amounting to ZAR 653.2 million ($45.96 million). South Africa's seasonally adjusted manganese ore sales in August at current prices totaled ZAR 1.24 billion ($87.73 million), down 2.1 percent month on month.
 
The year-on-year percentage change at current prices in August this year was up 50.9 percent in iron ore sales, was up by 29.9 percent in nickel sales and rose by 30 percent in manganese ore sales.

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