Primary Steel Imports in June 2022 almost doubled compared to Pre-Covid levels
According to data released by the South African Revenue Service, imports of primary carbon and alloy steel products (excluding semis, stainless steel, […]
Absa Purchasing Managers’ Index (PMI) declined from 52.2 points in June to 47.6 in July
The Absa Purchasing Managers’ Index (PMI) declined from 52.2 points in June to 47.6 in July. The successive decline in PMI suggests […]
PPI for final manufactured goods was 16,2% in June 2022
On 28 July 2022, Stats SA published the producer price indices (PPI) which is a measure of the average change in the […]
SAISI Concerned About Increase in Inflation Rate
According to Statistics South Africa, inflation jumped to 7,4% in June from 6,5% in May, mainly driven by rising transport and food […]
Imported Bolt end and Screw Nuts from Belarus, Indonesia, and Turkey now liable for Safeguard duties
The South African Iron and Steel Institute welcomes the news of the amendments for bolt ends and screw nuts tariff headings, 7318.15.41, […]
South Africa Crude Steel Production- June 2022
South Africa produced 276 500 Mt of crude steel in June 2022. The low crude steel production is mainly attributed to the reline […]
SA has lost millions of tons of steelmaking capacity. Is it too late to save it?
Rising costs and crumbling transport, energy and water infrastructure have proven insurmountable obstacles for huge swathes of the steel industry, and over […]
Primary Steel Product Imports – May 2022
According to data released by the South African Revenue Service, imports of primary carbon and alloy steel products (excluding semis, stainless steel […]
World Crude Steel Production – May 2022
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in May […]