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South Africa’s Crude Steel Production Continues Downward Trend in Q2 2024

In May 2024, South Africa’s crude steel production experienced a significant decline, dropping by 9.8% compared to May 2023. This followed an even more substantial decrease of 17.3% in April 2024, year-on-year, marking a concerning trend for the second quarter of 2024.

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SteelMatters – JUNE 2024

This month, we cover primary steel trade, steel-consuming sectors, international steel prices, high imports, declining exports, and slowing production in South Africa's steel sector.