Steel 2018: A review of South Africa's steel sector
The global steel industry remains oversupplied, which has kept the industry under pressure for years. The Organisation for Economic Cooperation and Development (OECD) has reported that global steelmaking capacity contracted by 1% to 2.27-billion tonnes in 2017, compared with 2.29-billion tonnes in 2016. Nevertheless, this modest contraction in capacity is not sufficient, with the OECD estimating that demand will take more than 30 years to absorb the current level of excess capacity, which is estimated at about 730-million tonnes. Further, it is expected that global steelmaking capacity could increase by a further 2% between 2018 and 2020 as new steel investment projects are announced.
In South Africa, the steel sector has been facing many challenges for years. It has been negatively affected by the import of unfairly subsidised steel, mainly from China, and from continued underspending by government on the promised billions of rands of infrastructure investment.
Creamer Media’s Steel 2018 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and particularly into South Africa’s steel sector, and covers production, consumption and main producers, as well as a brief overview of the global and local stainless steel market.
This report draws from material published over the past 12 months and is a summary of other sources of information published in Engineering News and Mining Weekly, as well as of information available in the public domain. This report does not purport to provide an analysis of market trends.
Creamer Media's Research Reports are available to subscribers.
- If you are a Research Chanel Africa subscriber, click here to log-in to Research Chanel Africa.
-
If you are a
magazine-and-online subscriber to Creamer Media's
Engineering News & Mining Weekly, your subscription entitles you to
one free research report of your choice. You would have received a promotional code
at the time of your subscription. Have this code ready and click on "Buy Report". You will be directed to the Creamer Media Online Store and, at the
time of check-out, please enter your promotional code to download your free report. Email
subscriptions@creamermedia.co.za
if you forgot your promotional code.
If you have previously accessed your free report, you can purchase additional Research Reports by clicking on the “Buy Report” button below the Research Report that you wish to purchase and you will be directed to Creamer Media's Online Store. -
If you are not a subscriber, you can either buy the individual research report by clicking on “Buy Report” or you can subscribe and,
not only gain access to your report, but also enjoy all other subscriber benefits. Click on the “Subscribe and Download” button if you wish to
subscribe or find out more.
The most cost-effective way to access our Research Reports is by subscribing to Creamer Media's Research Channel Africa - you can upgrade your subscription now at this link.
Comments
Projects
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOMSponsored Posts
SPONSORED POST
Latest Multimedia
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
