SA's Carbon, Alloy Steel imports increase in July: SAISI

Metal Recycling News  |  2012-09-21 10:49:56   |   By

South Africa's primary carbon and alloy steel product imports (excluding stainless steel and drawn wire) rose 19.6% year-on-year to 72,128 metric tons (mt) in July and up 11.7% month-on-month, according to the customs and excise data released by the South African Iron and Steel Institute (SAISI).

CAPE TOWN (Scrap Monster): South Africa's primary carbon and alloy steel product imports (excluding stainless steel and drawn wire) rose 19.6% year-on-year to 72,128 metric tons (mt) in July and up 11.7% month-on-month, according to the customs and excise data released by the South African Iron and Steel Institute (SAISI).

The country's primary carbon and alloy steel products imports during the first seven months of 2012 amounted to 500,956 mt, increased by 15.2% compared to the 434,807 mt of primary carbon and alloy steel products imported during the corresponding quarter of 2011.

Of South Africa's total primary carbon and alloy steel product imports in the January-July period this year, 72.6% consisted of flat steel products, 26.1% consisted of profile steel products, while semi-finished products accounted for the remaining 1.3%.