https://www.engineeringnews.co.za

Receive our free daily newsletter:

Steel

Steel is an alloy of iron and carbon, typically containing less than 2% carbon along with other elements such as manganese, chromium, nickel and molybdenum, and is one of the world's most important industrial materials. The addition of carbon and other alloying elements gives steel superior strength, durability and versatility compared with pure iron, making it essential for construction, manufacturing, transport and infrastructure. Steel production involves either the basic oxygen furnace method, which uses iron ore and coke, or the electric arc furnace route, which recycles scrap steel. Major steel-producing regions include China, which accounts for more than half of global output, India, Japan, the United States and the European Union. The steel industry is a significant consumer of iron ore, coking coal and energy, and its performance is closely tied to construction activity, automotive manufacturing and capital investment cycles. Steel is traded globally both as a finished product in forms such as rebar, plate, coil and structural sections, and as semi-finished products including billets and slabs. Pricing is influenced by raw material costs, energy prices, demand from key sectors and trade policies including tariffs and quotas. The industry faces ongoing challenges related to overcapacity, environmental regulation and the transition to lower-carbon production methods such as hydrogen-based steelmaking. Steel remains a bellwether for economic activity and industrial development worldwide.

Steel Updates


A generic image of metal waste
Objections over price preferential system casts spotlight on sustainability of informal metal recyclers
22nd June 2026 By: Lumkile Nkomfe

Industry organisations the Recycling Association of South Africa (Rasa) and the Metal Recylers Association (MRA) have called on Trade, Industry, and Competition Minister Parks Tau, the... 


Mine truck on coal heap
China coking coal prices extend loss on prospects of rising supply
22nd June 2026 By: Reuters

China's coking coal futures prices extended their decline on Monday, weighed down by prospects of rising supply amid continued production resumption after a deadly mine accident in coal-rich Shanxi... 


A generic image of steel coils
More engagement would have strengthened new Industrial Development Strategy, Seifsa says
19th June 2026 By: Lumkile Nkomfe

Industry association the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the recent launch by the Department of Trade, Industry and Competition (dtic) of South... 


Pembroke coal exports
China's coking coal imports set to rise as Shanxi mine disaster hits supply, traders say
19th June 2026 By: Reuters

China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to... 


An image of steel construction in progress
Steel shortage, tariffs drive up costs
19th June 2026 By: Nadine Ramdass

The gap in local supply of lighter long steel products, following the closure of steel producer ArcelorMittal South Africa’s Newcastle Works in November last year, compounded by tariffs, has... 


Building Resilience Against Current Construction Cost Volatility
18th June 2026

 Construction costs across the Western Cape are becoming increasingly unpredictable. Currency volatility, global supply chain disruptions, rising fuel prices and escalating logistics costs are... 


Steel
Iron-ore industry sees a bright future, but green steel fades - Reuters
18th June 2026 By: Reuters

The most persistently bullish part of the commodities sector in recent years has been metals associated with the energy transition, such as copper, lithium and rare earth elements. Iron-ore miners... 


MinRes iron-ore in truck
Iron ore miners highlight India, ASEAN as they look for growth after China
17th June 2026 By: Reuters

Australia's iron-ore miners emphasised on Tuesday how growing steel demand in India and Southeast Asia would help offset the stagnating market in top customer China, where they also face pressure... 


Steel coil
Itac recommends increase in import duties for thin gauge, corrosion resistant steel coil
15th June 2026 By: Schalk Burger

The International Trade Administration Commission of South Africa (Itac) has recommended the imposition of safeguard measures on imports of corrosion resistant steel coil products for a period of... 


Blasting at a coal mine in Russia
India explores Russian coking coal assets, more nickel supplies, sources say
12th June 2026 By: Reuters

India's State-owned Steel Authority of India (SAIL) and NMDC are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian... 


Trade, Industry and Competition Minister Parks Tau
Tau says Cabinet-approved industrial strategy to be backed by implementation plan
12th June 2026 By: Terence Creamer

Trade, Industry and Competition Minister Parks Tau says the themes of decarbonisation, diversification, and digitalisation will now anchor South Africa’s Industrial Development Strategy, following... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa to seek Cabinet approval soon to extend tariff discounts to more industries
11th June 2026 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has indicated that he intends approaching Cabinet in the coming weeks to seek approval to extend concessional electricity tariffs similar to... 


Iron-ore in rail wagons
Iron-ore remains unaffected by Iran war, but China's May data baffles
11th June 2026 By: Reuters

Iron-ore is the one major commodity that is sailing unaffected through the storm created by the US/Israeli war on Iran, but the relative calm masks shifting dynamics for the key steel raw... 


South African steel sector at deindustrialisation ‘inflection point’
South African steel sector at deindustrialisation ‘inflection point’
10th June 2026 By: Terence Creamer

The South African steel industry – encompassing the full value chain, from upstream producers to downstream manufacturers and fabricators – has been described as being at a deindustrialisation... 


South Africa increases tariffs on wide range of steel products to WTO bound rate
South Africa increases tariffs on wide range of steel products to WTO bound rate
5th June 2026 By: Terence Creamer

South Africa has officially raised import protection across a wide range of upstream and downstream steel products by between 10% and 30% – rates that are in line with the World Trade Organisation... 


Iron-ore
Iron-ore posts biggest daily loss in nearly two months on China demand worries
4th June 2026 By: Reuters

Iron-ore prices slid on Thursday to record their biggest daily losses in nearly two months, weighed down by rising concerns about demand in top consumer China as steel margins shrink and steel... 


AMSA notes some progress on customs duties, trade remedies as talks with IDC continue
3rd June 2026 By: Schalk Burger

JSE-listed steel producer ArcelorMittal South Africa (AMSA) has reiterated that it, the ArcelorMittal Group and the Industrial Development Corporation of South Africa (IDC) continue to engage about... 


Putting ESG commitments into action – mining’s decarbonisation journey starts now
3rd June 2026

As global scrutiny intensifies, mining companies are faced with a seemingly insurmountable task; ensuring their environmental, social, and governance (ESG) pledges translate into measurable and... 


Women in steel to put more women in the driving seat
Women in steel to put more women in the driving seat
3rd June 2026

The development of a stronger pipeline of female leaders in South Africa's metals, engineering and manufacturing sectors is the focus of the Women of Steel – Women's Leadership Mentoring Programme,... 


Fortsecue iron-ore in rail wagons
China’s State buyer seeks scrutiny of new Fortescue iron-ore
2nd June 2026 By: Bloomberg

China’s State-backed iron-ore buyer has instructed some steel mills to ask questions about Fortescue's new low-grade product as negotiations over a long-term supply contract hit a rough patch.... 


1
2 3

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







301

pqt: 0.098s - ct: 0.163s - 286pq - 2rq
Subscribe Now