A healthy economy needs a healthy steel industry
Steel is everywhere in our lives for a reason
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Latest Steel Matters
SteelMatters – November 2024
Structures of the SAISI
SAISI’s Council guides policy and approves budgets. The chair, elected for a two-year term, leads members, including CEOs, in fostering a robust, sustainable South African steel industry through strategic efforts.
A healthy economy needs a healthy steel industry to provide employment and drive growth.
Steel is everywhere in our lives for a reason. Steel is the great collaborator, working together with all other materials to advance growth and development. Steel is the foundation of the last 100 years of progress. Steel will be equally fundamental to meeting the challenges of the next 100 years.
Key Facts
- Average world steel use per capita has steadily increased from 150kg in 2001 to 224.5kg in 2018, making the world more prosperous. South Africa’s 74kg in 2023 show ample room for growth.
- Steel is used in every important industry including energy, construction, automotive and transportation, infrastructure, packaging, and machinery.
- By 2050, steel use is projected to increase to be 1.5 times higher than present levels to meet the needs of our growing population.
- Skyscrapers are made possible by steel. The housing and construction sector is the largest consumer of steel today, using more than 50% of steel produced globally, and more than 60% in South Africa.
For the steel industry, customer care is not just about quality control and products at the right time and price, but also enhanced value through product development and the service the steel industry provides. The steel industry collaborates with our customers to improve steel types and grades constantly, helping to make the customer manufacturing process more effective and efficient.
Key Facts
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The steel industry publishes the advanced high-strength steels application guidelines, actively assisting fabricators in applying them.
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The steel industry provides steel life cycle inventory data of 17 key products which helps customers understand the overall environmental impact of their products.
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The steel industry proactively participates in national and regional certification schemes, helping to inform customers and enhance supply chain transparency.
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The steel industry has invested significant amounts in research projects in the automotive sector alone to offer viable solutions for affordable and efficient vehicle structures.
