SteelMatters – August 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 […]
South Africa’s unemployment rate was at 33.9% in the Q2 of 2022, down from 34.5% in the Q1 and a record high of 35.3% in the Q4 of 2021. The number of unemployed persons increased by 132 thousand to 7.994 million, employment rose by 648 thousand to 15.562 million and the labour force went up […]
Most steel in South Africa is produced via two basic routes: The Blast Furnace-Basic Oxygen Furnace (BF-BOF) route and the Electric Arc Furnace route (EAF) Overview of the steel production process Most steel in South Africa is produced via two basic routes: The Blast Furnace-Basic Oxygen Furnace (BF-BOF) route and the Electric Arc Furnace route […]