https://www.engineeringnews.co.za

SA bucks global steel trend, ups 2013 steel production by 4.1%

SA bucks global steel trend, ups 2013 steel production by 4.1%

Photo by Bloomberg

23rd January 2014

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

South Africa lifted its overall steel production by 4.1% in 2013, increasing output from 6.9-million tons in 2012 to 7.2-million tons, making it the twenty-first largest steel producing country in the world.

The World Steel Association (worldsteel) revealed on Thursday that world crude steel production reached 1.6-billion tons for the year, up by 3.5% on 2012, with growth originating largely in Asia and Middle East.

In contrast, crude steel production in all other regions decreased in 2013 compared with the prior year.

In the last month of 2013, world crude steel production for the 65 countries reporting to worldsteel increased by 6.3% to 129.3-million tons, while the crude steel capacity utilisation ratio declined to 74.2% from 75.8% in November.

Asia’s yearly production of 1.08-billion tons reflected an increase of 6% on 2012, with the region’s share of world steel production increasing slightly from 65.7% in 2012 to 67.3% in 2013.

China’s crude steel production for the year reached 779-million tons, an increase of 7.5% on 2012, pushing its share of world crude steel production up from 46.7% in 2012 to 48.5% in 2013.

Elsewhere in Asia, Japan produced 110.6-million tons in 2013, a 3.1% increase from 2012, while South Korea’s crude steel production was 66-million tons, a decrease of 4.4% compared with 2012.

Meanwhile, the European Union recorded a decrease of 1.8% compared with 2012, producing 165.6-million tons of crude steel in 2013.

Germany’s contribution of 42.6-million tons remained flat on the prior year, while steel output from Italy dropped by 11.7% year-on-year to 24.1-million tons.

France increased its crude steel production by 0.5% to 15-million tons, while Spain produced 13.7-million tons of crude steel in 2013, a 0.7% increase on the prior year.

Russia, meanwhile, produced 69.4-million tons, a decrease of 1.5% on 2012, and Ukraine recorded a decrease of 0.5% with a year-end figure of 32.8-million tons.

Looking to North America, production from the region dipped by 1.9% year-on-year to 119.3-million tons, largely driven by a 2% narrowing of output from the US, which produced 87-million tons of crude steel over the year.

Yearly crude steel production for South America totalled 46-million tons in 2013, a decrease of 0.8% on 2012, with Brazil narrowing output by 1% to 34.2-million tons.

Edited by Tracy Hancock
Creamer Media Contributing Editor

Comments

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.074 0.131s - 157pq - 2rq
Subscribe Now