http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.17Change: 0.13
R/$ = 10.95Change: 0.08
Au 1238.51 $/ozChange: 3.76
Pt 1367.00 $/ozChange: 4.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 20, 2012

SA steel output down 21% in May, global production up slightly

Back
Africa|Africa|Asia|South America|Brazil|China|France|Germany|Italy|Japan|South Africa|South Korea|Spain|Turkey|United States|Crude Steel|Crude Steel Production|Steel|Steel Capacity Utilisation Ratio|Steel Production
Africa|Africa|||Steel|
africa-company|africa|asia|south-america|brazil|china|france|germany|italy|japan|south-africa|south-korea|spain|turkey|united-states|crude-steel|crude-steel-production|steel|steel-capacity-utilisation-ratio|steel-production
More Insight
© Reuse this

South Africa’s steel production declined by 21.5% year-on-year in May, statistics released by the World Steel Association (worldsteel) showed on Wednesday.

South African output fell to 580 000 t, from 739 000 t in May 2011.

Steel production for the 62 countries reporting to worldsteel was 131-million tons last month, an increase of 0.7% compared with May 2011.

The global steel capacity utilisation ratio slid to 79.6% in May from 81.3% in April 2012. Compared with May 2011, it was 1.4% lower. During the past 18 months, the ratio was at its highest in April 2011 at 82.8% and the lowest ratio was in December 2011 at 70.7%.

China’s crude steel production for May 2012 was 61.2-million tons, an increase of 2.5% compared to May 2011.

Elsewhere in Asia, Japan produced 9.2-millon tons of crude steel in May 2012, up by 2% compared to the same month last year. South Korea’s crude steel production for May 2012 was 6-million tons, an increase of 2% compared to May 2011.

In the eurozone, Germany produced 3.7-million tons of crude steel in May 2012, a decrease of 9.7%. Italy’s crude steel production for May 2012 was 2.6-million tons, down by 3.3% and France produced 1.5-million tons of crude steel, up by 1.3%. Spain’s crude steel production fell 13.9% year-on-year to 1.3-million tons.

Turkey’s steel production increased by 6.6% to 3.1-million tons.

The US produced 7.7-million tons of steel in May, which was an increase of 7.4% from May 2011.

Moving to South America, Brazil’s crude steel production fell 11.7% to 2.9-million tons.

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Metals News
Article contains comments
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material...
Article contains comments
Finance Minister Nhlanhla Nene
The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF). Speaking...
South Africa’s crude steel production fell 1.5% year-on-year to 610 000 t in July, compared with the 619 000 t produced in July 2013. However, according to the latest World Steel Association (worldsteel) statistics, Africa’s crude steel output rose 21.2% year-on-year...
Article contains comments
More
 
 
Latest News
SACQSP president Professor Kathy Michell and RICS president Louise Brooke-Smith
Updated 33 minutes ago The South African Council for the Quantity Surveying Profession (SACQSP) and the Royal Institution of Chartered Surveyors (RICS) in London have signed a mutual recognition of professional competence agreement, solidifying the relationship of the two institutions....
Updated 1 hour 30 minutes ago Mali has signed a string of agreements with China totalling about $11-billion, most of it intended to finance two major railway projects linking the land-locked country to the coast, Mali's presidency said. Mali gave few details on the terms of the 34 agreements but...
Updated 1 hour 38 minutes ago Egypt has raised the $8.5-billion it needs to fund a project to expand the Suez Canal, the central bank governor told State television on Monday. Hisham Ramez told Al-Hayat TV that the funds had been raised in just eight days after banks issued investment...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 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 network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The board of UD Trucks Southern Africa (UDTSA) has announced the resignation of MD Jacques Carelse.   Long-time UD employee, corporate planning and marketing GM, Rory Schulz, has been appointed as acting MD while the process started to appoint a new MD. The Japanese...
There is a need to start planning another pumped storage scheme in South Africa. Much work has already been done at a site in the Limpopo province and the project was very close to being put out to tender at one stage. In 2008/9 the National Energy Regulator of South...
The Coega Development Corporation (CDC) is preparing to leverage its strategic coastal position to develop the Eastern Cape economy through proposed aquaculture development zones (ADZs), with a proposed R2-billion project aiming to contribute $278-million to the...
Completion of the ongoing construction of the 102 km Zomba–Jali–Phalombe–Chitakale road, in southern Malawi, has been extended from June  to December 15 because of persistent rains and difficulties in paying the contractor. The project is being undertaken by Kuwait's...
The Malawi government has awarded South African firm  Fischer Consortium the  contract to upgrade the Malawi Road Traffic Information System. The Directorate of Road Traffic and Safety Services at Malawi's Ministry of Transport and Public Works says Fischer...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
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
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks