South African Iron and Steel Institute

Global crude steel production declined by 1.0% in February 2023

24 Mar 2023

In February 2023, global crude steel production decreased by 1.0% compared to the same month in 2022 and 8.4% compared to January 2023, reaching 142.4 million tonnes (Mt), according to the World Steel Association (worldsteel). Crude steel production by region Africa produced 1.1 Mt in February 2023, down 11.9% on February 2022. Asia and Oceania […]

South Africa’s economy shrank more than expected in the last quarter of 2022

8 Mar 2023

South Africa’s economy shrank more than expected at the end of 2022 due to server rolling blackouts. The latest real Gross Domestic Product (GDP) data released by Statistics South Africa (Stats SA) on 07 March 2023, shows that the South Africa’s economy shrank by 1.3% in the fourth quarter of 2022, much worse than economists […]

SteelMatters – February 2023

2 Mar 2023

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