South Africa's producer price index (PPI) for the basic iron and steel industry increased by 1.4% from a month ago and was up by 2.6% year on year, according to data provided by Statistics South Africa. In February, the country's PPI for exported basic iron and steel increased by 0.7% from the previous month while falling by 7.1% year on year. Besides, South Africa's PPI for imported basic iron and steel in February kept stable on the basis of year on year and month on month.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63714&division=A6
