R/€ = 15.10Change: 0.15
R/$ = 13.38Change: 0.16
Au 1144.74 $/ozChange: -1.21
Pt 952.00 $/ozChange: 7.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Sep 25, 2012

First half stainless steel production stable – ISSF

Africa|India|Stainless Steel|Africa|Americas|Asia|China|Japan|Korea|Taiwan|Stainless Steel Production|Steel|Eastern Europe|Western Europe
Africa|Stainless Steel|Africa|||Steel|
© Reuse this

Stainless steel production remained stable in the first half of 2012 at 17.22-million tons – a slight year-on-year decrease of 0.2%, the International Stainless Steel Forum (ISSF) reported on Monday.

China increased its stainless steel production by 1.1% to 7.08-million tons in the first six months of the year, while the rest of Asia boosted output by 2.2% to 4.5-million tons.

There was a mixed performance by the individual Asian countries in the period under review, the ISSF stated. While Korea and India showed increased production volumes, stainless steel production decreased in Japan and Taiwan, China.

The Western Europe/Africa region also experienced shrinking development in stainless steel production during the first six months of 2012. Total production was 4.3-million tons, or 0.5% less than a year earlier.

Also in this area there was a split development showing production changes from plus 11% to minus 14% after the first half of 2012.

Production in the Eastern Europe region showed a drop of 9%, with less than 0.2-million tons, recurrently, on an almost negligible low volume level.

In the Americas region, stainless steel production decreased by 13.4% to one-million tons in the first half of the year.

Quarter-by-quarter comparison shows a more positive development of stainless steel melting activities, the ISSF reported. All regions, except Western Europe/Africa, showed increased melting volumes in the second quarter compared with the previous quarter.

China increased the stainless production quarter-on-quarter by 6.3%, while the rest of Asia showed quarter-on-quarter growth of 0.5%. The Americas reported a 0.9% increase , while Western Europe/Africa reduced production significantly by 6.9% quarter-on-quarter.

The globally achieved volume of 8.66-million tons was the highest ever achieved production level for a second quarter.

Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
Other Metals News
Article contains comments
The National Union of Metalworkers of South Africa (Numsa) on Tuesday called on the National Treasury to investigate the noncompliance of the Preferential Procurement Policy Framework Act and its local content regulation as part of its list of demands ahead of its...
ACCELERATING TREND The amount of aluminium used in vehicles is expected to increase by about 100% or more in North America and globally
The automotive industry’s shift from manufacturing vehicle body panels in steel to manufacturing them in aluminium is a trend that is expected to significantly accelerate, says aluminium industry representative body the Aluminium Federation of South Africa (Afsa)....
Caption: SURVIVE-ARC SWITCHING SUIT Charnaud's FR Range is IEC, SAB-S and NFPA approved
Personal protective clothing (PPC) manufacturer Charnaud has embarked on an initiative to educate people on the dangers of combustible dust. “Considering the history of combustible dust, one finds that nearly 300 explosions have injured or killed more than 800...
Latest News
Updated 2 hours 50 minutes ago The contraction in the metals and engineering sector is worsening, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) warned on Thursday. Speaking after the release of production numbers by Statistics South Africa, Seifsa chief economist Henk...
Updated 3 hours ago Local innovation will undoubtedly provide solutions to many of the challenges faced by Africa, as it sets the tone for progress and enables businesses to gain a competitive advantage, create additional jobs and change peoples’ lives. Speaking as part of a panellist...
Updated 3 hours ago Zambia and Zimbabwe drew more water than they should have from the Kariba dam to generate electricity, draining the reservoir to 29% of its capacity in September, compared with 70% capacity last year, an engineering body said on Thursday. The Zambezi River Authority...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Sphere Holdings CEO Itumeleng Kgaboesele
Black-owned investment holding company Sphere Holdings plans to raise a further R1-billion in the coming months in support of its strategy to become a leading black industrial enterprise, which could ultimately seek a listing on the JSE.
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96