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S. African iron and steel output up 4.6 percent in November

Monday, 15 January 2018 17:56:19 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa (SSA), in November last year South Africa's manufacturing output increased by 1.7 percent compared to the same month of 2016.

In November, the production of basic iron and steel, non-ferrous metal products, metal products and machinery increased by 4.6 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 8.8 percent, while the production of structural metal products increased by 7.7 percent, both on year-on-year basis. As compared with October, in November last year the production of basic iron and steel products in South Africa increased by 3.2 percent and production of structural metal products went up by 12.9 percent.

The estimated seasonally adjusted sales of basic iron and steel products (at current prices) in November 2017 increased by 6.6 percent month on month, amounting to ZAR 12.77 billion ($1.04 billion).


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