http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.14Change: -0.15
R/$ = 12.05Change: -0.20
Au 1200.03 $/ozChange: -6.12
Pt 1139.50 $/ozChange: -16.00
 
 
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 Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jan 23, 2012

SA steel production falls 12.7%, world output up 6.8%

Back
Africa|Africa|Steel
Africa|Africa|Steel
africa-company|africa|steel
© Reuse this



South Africa’s steel output fell by 12.7% year-on-year to 6.7-million tons last year, while global production surged 6.8% to 1.53-billion tons, the World Steel Association (worldsteel) reported on Monday.

South African Iron and Steel Institute (Saisi) information specialist Abrie Audie noted that the worldsteel ‘2011 world crude steel production’ report was based on estimates, but said it was likely that the country’s steel production was down by a significant margin.

The country’s steel mills experienced significant downtime during 2011.

ArcelorMittal South Africa, a unit of the world's biggest steelmaker, only resumed full production at its Newcastle plant on December 9, after being hit by a furnace failure last year. The furnace failure had impacted an already subdued outlook for the company and ArcelorMittal had to source steel from external sources to minimise the impact on its customers.

South Africa's second-largest steel producer, Evraz Highveld, also experienced significant downtime while making improvements at its plant, adding to the national decline in yearly steel production, Audie stated.

“One should also take into consideration that since the Competition Commission launched an investigation into the local steel industry in July 2008, some of Saisi’s members stopped the regular reporting of their production figures,” he added.

Meanwhile, the worldsteel production figures showed significant growth in Turkey, South Korea and Italy. Of all the significant steel producers, only Japan and Spain showed a decline in yearly production.

Asia’s 2011 production was 988.2-million tons of crude steel, an increase of 7.9% compared to 2010. The region’s share of world steel production increased slightly from 64.0% in 2010, to 64.7% in 2011.

China’s crude steel production in 2011 reached 695.5-million tons, an increase of 8.9% on 2010. China’s share of world crude steel production increased from 44.7% in 2010, to 45.5% in 2011. Japan produced 107.6-million tons in 2011, a 1.8% decrease from 2010. In 2011, South Korea’s crude steel production was 68.5-million tons, a 16.2% increase compared with 2010.

The European Union recorded an increase of 2.8% compared with 2010, producing 177.4-million tons of crude steel last year. Spain produced 15.6-million tons of crude steel in 2011, a 4.6% decrease on 2010, while Italy produced 28.7- million tons in 2011, an 11.3% increase over 2010.

Last year, crude steel production in North America was 118.9-million tons, an increase of 6.8% on 2010. The US produced 86.2-million tons of crude steel, 7.1% higher than 2010.

The Commonwealth of Independent States showed an increase of 4% in 2011, producing 112.6-million tons of crude steel. Russia produced 68.7-million tons of crude steel, a 2.7% increase on 2010 and Ukraine recorded an increase of 5.7%, with a year-end figure of 35.3-million tons.

The yearly crude steel production for South America was 48.4-million tons in 2011, an increase of 10.2% on 2010. Brazil produced 35.2-million tons in 2011, 6.8% higher than 2010.

In December, world crude steel production for the 64 countries reporting to worldsteel was 117.1-million tons, an increase of 1.7% compared with December 2010.

The crude steel capacity utilisation ratio of the 64 countries in December 2011 declined slightly to 71.7%, compared with 73.3% in November 2011. Compared with December 2010, the utilisation ratio in December is -2.1% points lower.

Last week, Ernst & Young said steelmakers globally would be under pressure to remain profitable in 2012 as the sector faced significant over capacity. It said rationalisation would be required, but noted that political pressures would prevent downscaling as governments were under pressure to protect jobs.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Metals News
One of the two business practitioners nominated to manage Evraz Highveld Steel and Vanadium’s business rescue proceedings has confirmed that the company will continue to trade until the process has been concluded, telling Engineering News Online that the process...
Trade union Solidarity said on Wednesday that it would protect the interests of its members at Evraz Highveld Steel and Vanadium, in eMalahleni, after the company announced on Tuesday that it had entered into business rescue proceedings. Solidarity, which represented...
Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium has initiated voluntary business rescue proceedings, citing an inability to meet its short-term obligations as a result of historical operating difficulties and sustained...
More
 
 
Latest News
Two influential US senators, central to the so-called ‘chicken war’, have announced their intention to pursue amendments to the African Growth and Opportunity Act (Agoa) to secure greater access for US poultry into the SA market. “We believe passionately in Agoa’s...
The Independent Communications Authority of South Africa (Icasa) on Friday published the findings of a discussion document on South Africa’s television and radio local content environment. Icasa last year requested industry input as it reviewed and revamped...
Buying the catering unit of cash-strapped state airline South African Airways (SAA) could work for Bidvest Group, its chief executive said on Friday. SAA is considering selling some of its units including its inflight and airport lounge catering business, Air Chefs,...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Today’s organisations execute projects within increasingly complex environments – particularly in the engineering sector. The ability to successfully execute these projects is what drives the realisation of successful projects and, ultimately, the achievement of...
SMART DISTRIBUTION Providing funds to introduce smart grid technologies in the absence of a clearly defined strategy will not result in the desired outcome
South Africa’s distribution grid is a twentieth-century relic, which must be changed to serve the country’s modern electricity needs, says South African National Energy Development Institute (Sanedi) Smart Grid Programme manager Dr Minnesh Bipath. “What we are...
There is a disparity in government funding provided to integrated transport networks – bus rapid transit (BRT) networks ¬¬– and that given to conventional bus services, says Putco executive director Thys Heyns. “We have neglected and strangled conventional bus...
The Johannesburg Social Housing Company (Joshco) is building 502 rental housing units, valued at R200-million, in Dobsonville, Soweto, which are scheduled for completion in June 2016.
Automotive component manufacturer and distributor Metair is centralising its research and development (R&D) work in Turkey, in an attempt to bolster the company’s ability to produce affordable start/stop batteries. The new R&D centre is part of an expansion plan in...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96