Africa crude steel output in November plunged 13.5%

게시됨: Dec 23, 2015 13:48
The crude steel production by the African region witnessed heavy decline during the month of November this year.

By  (ScrapMonster Author)

December 23, 2015 12:35:36 AM

KAMPALA (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by the African region tumbled by 13.5% during the month of November year-on-year.

Egypt produced 336,000 tonnes of crude steel, considerably lower by 42.2% when compared to 581,000 tonnes production achieved during November 2014. Libya’s crude steel output improved marginally to 36,000 tonnes during the month of November this year, when matched with 34,000 tonnes produced during the same month a year before. Morocco’s output plunged by over 47% to 30,000 tonnes, when compared to 57,000 tonnes production achieved during November 2014. South Africa’s crude steel output increased considerably by 20.8% to 630,000 tonnes during the month when matched with the production figures of 521,000 tonnes during the same month a year before.

Egypt’s output has dropped marginally when compared with 400,000 tonnes during October this year. Libyan crude steel output in November ‘15 increased during the month. The country had recorded production of 15,000 tonnes during Oct ’15. Morocco’s production remained more or less flat over the previous month. South African production declined by 20,000 tonnes when matched with the previous month.

ALSO SEE Scrap Steel Price List

The following table provides cumulative crude steel output for the first eleven months in 2015 in comparison with those during same period in 2014.

Country

11 months (2015)

11 months (2014)

% Change

Egypt

4,995

5,827

-14.3

Libya

292

670

-56.4

Morocco

486

490

-0.9

South Africa

6,964

6,012

+15.8

Note: Output in thousands of tonnes 


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