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South African Iron and Steel Institute

Steel News

SteelMatters – September 2022
29 Sep 2022

World crude steel production slightly above 150 Mt in August 2022
22 Sep 2022

According to the World Steel Association (worldsteel) crude steel production for the 64 countries reporting to the Association was 150.6 million tonnes (Mt) in August 2022, a decrease (-3,0%) compared to August 2021. However, a slight increase, albeit minimal, by 1,3 Mt (+0,9%) compared to July 2022. Comparing August 2022 to the previous corresponding period […]

Steel Imports Up 17,6% In July vs June 2022
12 Sep 2022

According to data released by the South African Revenue Service, imports of primary carbon and alloy steel products (excluding stainless steel and drawn wire) amount to 108,634 tonnes during July 2022, an increase of 17,6 % compared with 92,363 tonnes imported during June 2022 and a increase of 17,9% compared with 92,120 tonnes imported during […]

  GDP declines by 0.7% with most of the key industries recording a contraction in Q2
7 Sep 2022

Most industries linked to the Steel sector have not yet recovered and have recorded negative performance during Q2, with construction currently in the worst shape. The construction industry is 24% smaller than it was before the pandemic. According to Statistics South Africa (Stats SA), after two consecutive quarters of positive growth, the country’s real gross […]

SteelMatters – August 2022
31 Aug 2022

Crude Steel Production Dips below the 150 MT in July
25 Aug 2022

According to the World Steel Organisation, global crude steel production in July was 149.3 million tonne (MT), a 6.5% decline compared to July 2021. Africa produced 1.2 MT in July 2022, a 5,4% decline compared to July 2021. South Africa’s crude steel production declined by 7,2% in July 2022 compared to July 2021. For more […]

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