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15 Sep
12:30

South Africa metals sector outlook wavers after July production data

Production in South Africa’s metals and engineering sector in July increased 17.1% on-year. This was due however to a low base effect caused by the metals strike slump of July 2014, according to the Steel and Engineering Industries Federation of Southern Africa (Seifsa). Comparing the July 2015 production numbers with those for July 2014 for the subindustries in the sector shows “… wild improvements” ranging from 2.1% to 5…
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