Crude Steel Production
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South Africa’s Crude Steel Production Uptick: A Promising Start to 2024
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Steel and Articles of Steel – Trade Data
Steel and articles of steel trade data constitute a critical aspect of global trade analytics, providing insights into the patterns, volumes, and values of steel and steel products that are imported and exported by South Africa.
South Africa Crude Steel Production February 2024 Overview
During the first quarter of 2024, South Africa’s crude steel production demonstrated notable growth, surging by 13.8% compared to the previous quarter (Q4 2023). This upturn propelled production levels to 1.3 million metric tonnes, marking a significant expansion in the nation’s steel manufacturing sector.
However, despite this growth, it’s important to acknowledge that output levels have not yet returned to pre-COVID levels. When comparing the first quarter of 2024 with the same period before the pandemic, there remains a noticeable gap in production volumes.
in March 2024, crude steel production in South Africa reached 441,800 tonnes, representing a 2.8% increase compared to March 2023. These mark the fourth month of consecutive increase in output since December 2023.
SA Crude Steel Product Sheet
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