10,158.63 TRY BIST 100 BIST 100
34.96 EUR EUR EUR
32.29 USD USD USD
4.49 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.90 TRY Interest Interest
83.06 USD Fossil Oil Fossil Oil
29.52 USD Silver Silver
4.92 USD Copper Copper
113.25 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,472.54 TRY Gold (gr) Gold (gr)

Africa increased crude steel production

Compared to April 2022, Africa increased its crude steel production by 4.8%, reaching 1.3 million tons in April this year. According to the World Steel Association...

Africa increased crude steel production

According to the World Steel Association, global crude steel production in April 2023 was 161.4 million tons, a decrease of 2.4% compared to April 2022.

Compared to April 2022, Africa was up by 4.8% to 1.3 million tons in April this year. According to the World Steel Association, global crude steel production reached 161.4 million tons in April 2023, down by 2.4% compared to April 2022.

In March and April this year, on the other hand, there was a 5.3% increase, with the figure rising to 452.5 thousand tons in April. Africa recorded the highest production figure since September 2021, the fourth increase in crude steel production since the first month of this year.

Looking at the chart, it appears that South Africa, Libya and Tunisia led the increase in African crude steel production.

Egypt, the continent's leading producer, recorded a minimal decrease in crude steel production, down by -0.7% -o-y.

The largest contributor to the increase in crude steel production was South Africa, up by 12.1% y-o-y to 48.7 thousand tons.

The European Union (27) recorded production of 11.1 million tons, down by 11.7%.

Europe (Bosnia and Herzegovina, Macedonia, Norway, Serbia, Serbia, Turkey, United Kingdom) reached 3.5 million tons, down by 17.3%.

The Middle East increased by 4.2% to 4.2 million tons.

North America produced 9.2 million tons, down by 4.6%.

Russia and other CIS + Ukraine increased by 5.9% to 7.5 million tons.

South America decreased by 2.2% to 3.6 million tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The price outlook for Chinese steel products in the second half of May 2024

Thursday, May 16, 2024

Saudi pipelines secures dual deals with Aramco worth millions

Thursday, May 16, 2024

India's HRC exports fall in April

Thursday, May 16, 2024

Taiwan's Feng Hsin keeps prices stable

Thursday, May 16, 2024

Ukraine's flat-rolled steel exports decline in April, but up on an annual basis

Thursday, May 16, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now