Imports Primary Products
Leadership, strategy, and steel industry advocacy
About Steel
Steel is the world’s most important engineering and construction material. It is used in every aspect of our lives; in cars and construction products, refrigerators and washing machines, cargo ships and surgical scalpels. It can be recycled repeatedly without loss of property.
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Latest Trade News
February Carbon & Alloy Steel Imports Up 21,8 Percent From Prior Month
Overview
Update
May 2024
According to the South African Revenue Service (SARS), the import of primary carbon and alloy steel products (excluding semis, stainless steel, and drawn wire & rail) reached 96,531 tonnes in May 2024, almost unchanged from the 96,653 tonnes recorded in May 2023. Long steel products saw an increase of 3,857 tonnes (38.5%), while intermediate products increased by 579 tonnes in May 2024 compared to May 2023.
Notably, imports rose by 10.3% from January to May 2024 compared to the same period last year, reaching 587,451 tonnes.
increase of about 3.2%. This uptick was primarily fueled by a notable 4.2% rise in the imports of flat steel products compared to the figures recorded in the corresponding period the previous year.
