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South African Iron and Steel Institute

Steel News

Steel imports remains high compared to 2019
6 Feb 2023

According to data released by the South African Revenue Service, a total of 1 299 257 tonnes of primary carbon and alloy steel products (excluding semis, stainless steel and drawn wire) were imported during the twelve (12) months of 2022, a decrease of 5,1% compared with 1 369 792 tonnes imported during the corresponding period of […]

SteelMatters – January 2023
1 Feb 2023

Global crude steel production down 4.3% on year in 2022: worldsteel
31 Jan 2023

Crude steel is steel in its first solid (or usable) form: ingots, semi-finished products (billets, blooms, slabs), and liquid steel for castings. Global crude steel production as reported by World Steel Association (worldsteel) was 1,831.5 million tonnes (Mt) for Jan-Dec 2022, down 4.3% compared to Jan-Dec 2021.During December 2022 140.7 million tonnes (Mt)of crude steel […]

World Steel Production Decreased To 1.691 Billion Tons Jan-Nov 2022 Compared To The Same Period In 2021
6 Jan 2023

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt) in November 2022, a 2.6% decrease compared to November 2021. Africa produced 1.3 Mt in November 2022 compared to 11.4% on November 2021. Asia and Oceania produced 101.4 Mt, an increase of 2.7%. The EU […]

WTO Ruled Against Section 232 USA Tariffs
13 Dec 2022

On 09 December 2022, the World Trade Organization dispute-settlement panels found the USA violated international trade rules with its tariffs on imported steel and aluminium. The ruling covers the Section 232 import duties imposed in 2018 on national-security grounds, citing the need to protect domestic manufacturers from global overproduction of the metals.   The ruling follows complaints […]

The EU Commission review protective measures on certain steel products
12 Dec 2022

The EU Commission has initiated a review of the safeguard duties and quota applicable to imports of certain steel products. The current review seeks to determine if the safeguard measurers currently applicable on certain steel products should be terminated by 30 June 2023. The safeguard measurers were envisaged to end on 30 June 2024. It is […]

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