SteelMatters – November 2024
The November 2024 issue of Steel Matters highlights the South African steel industry's challenges, collaborative strategies, trade statistics, and impactful community upliftment initiatives.
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In February 2024, our country experienced an extraordinary surge in crude steel production, boasting an impressive 17.0% increase compared to the same period last year. This noteworthy achievement marks four consecutive months of double-digit growth since November 2023, showcasing a resilient industrial landscape.
As we navigate the complexities of today’s business environment, this growth underscores the resilience and potential of South Africa’s industrial sector.
Looking ahead, we anticipate a robust start to 2024, with the first quarter expected to record positive growth compared to last year.
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