Production of Iron and Non-Alloy Steel in Ingot in South Africa - 2022
Iron and Non-Alloy Steel in Ingot Production in South Africa - 2022
In 2022, production of iron and non-alloy steel in ingots decreased by -6.7% to 4.7M tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, production, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 55,623%. Production of peaked at 5M tons in 2021, and then dropped in the following year.
In value terms, production of iron and non-alloy steel in ingots reduced to $7.7B in 2022 estimated in export price. In general, production, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, production attained the peak level of $8.1B, and then fell in the following year.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in South Africa.
This report provides an in-depth analysis of the non-alloy steel ingot market in South Africa.
This report provides an in-depth analysis of the iron and steel market in South Africa.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
This report provides an in-depth analysis of the global iron and steel market.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in South Africa.
This report provides an in-depth analysis of the non-alloy steel ingot market in South Africa.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
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Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...