Jun 20, 2012
SA steel output down 21% in May, global production up slightlyBack
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
© 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
Recent Research Reports
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 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...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
This Week's Magazine
A structured approach, wherein managers personally engage at each level of the project, is necessary to mitigate delays to the workflow on mega construction projects, says State-owned Eskom Kusile power station projects GM Abram Masango. The 4 800 MW Kusile power...
Construction of transmission lines to evacuate power from a regional hydroelectric project in East Africa, which was hanging on the balance following the withdrawal of financing by key partners, is now back on track. After six months of uncertainty, the African...
Three Memorandums of Understanding (MoUs) were signed between South African and Malaysian companies at the Malaysian High Commission in Pretoria on Friday. These MoUs are part of the indirect offsets programme South Africa is providing in return for Malaysia’s...
The South African new vehicle market may well dip to 640 000 units in 2014, says Toyota South Africa Motors (TSAM) sales and marketing senior VP Calvyn Hamman. This is the first prediction that anticipates a drop in the market. To date economists and industry bodies...
Nissan will re-enter the South African minibus taxi industry in March, when the new NV350 Impendulo goes on sale. The 16-seater has been specifically tailored to meet the terms of government’s Taxi Recapitalisation Programme, which aims to replace South Africa’s...