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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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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.