African crude steel output surged 11.5% in July-Shanghai Metals Market

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African crude steel output surged 11.5% in July

Industry News 04:31:23PM Aug 24, 2015 Source:SMM

By  Paul Ploumis 24 Aug 2015  Last updated at 02:20:46 GMT

African crude steel output surged higher during the month of July this year. Year-on-year, the output by the region increased by 11.5%.

KAMPALA (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by the African region soared higher by 11.5% during the month of July year-on-year.

Egypt produced 465,000 tonnes of crude steel, considerably lower by 8.8% when compared to 510,000 tonnes production achieved during July 2014. Libya’s crude steel output dropped sharply by 62.6% to 21,000 tonnes during the month of July this year. Morocco’s output recovered sharply by 32.8% to 50,000 tonnes, when compared to 38,000 tonnes production achieved during July 2014. South Africa’s crude steel increased considerably to 645,000 tonnes during the month when matched with 457,000 tonnes during the same month a year before.

Egypt’s output has increased marginally when compared with 450,000 tonnes during June this year. Libyan crude steel output in July ‘15 dropped heavily by over 29,000 tonnes over the previous month. Morocco’s production remained flat during the month. South African production increased substantially by 115,000 tonnes when matched with the previous month.

ALSO SEE Scrap Steel Price List

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

Country

7 months (2015)

7 months (2014)

% Change

Egypt

3,580

3,872

-7.5

Libya

237

530

-55.2

Morocco

351

320

+9.7

South Africa

4,414

3,931

+12.3

Note: Output in thousands of tonnes 


Key Words:  crude steel output   crude steel    
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African crude steel output surged 11.5% in July

Industry News 04:31:23PM Aug 24, 2015 Source:SMM

By  Paul Ploumis 24 Aug 2015  Last updated at 02:20:46 GMT

African crude steel output surged higher during the month of July this year. Year-on-year, the output by the region increased by 11.5%.

KAMPALA (Scrap Monster): According to the recent data published by the World Steel Association, the crude steel production by the African region soared higher by 11.5% during the month of July year-on-year.

Egypt produced 465,000 tonnes of crude steel, considerably lower by 8.8% when compared to 510,000 tonnes production achieved during July 2014. Libya’s crude steel output dropped sharply by 62.6% to 21,000 tonnes during the month of July this year. Morocco’s output recovered sharply by 32.8% to 50,000 tonnes, when compared to 38,000 tonnes production achieved during July 2014. South Africa’s crude steel increased considerably to 645,000 tonnes during the month when matched with 457,000 tonnes during the same month a year before.

Egypt’s output has increased marginally when compared with 450,000 tonnes during June this year. Libyan crude steel output in July ‘15 dropped heavily by over 29,000 tonnes over the previous month. Morocco’s production remained flat during the month. South African production increased substantially by 115,000 tonnes when matched with the previous month.

ALSO SEE Scrap Steel Price List

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

Country

7 months (2015)

7 months (2014)

% Change

Egypt

3,580

3,872

-7.5

Libya

237

530

-55.2

Morocco

351

320

+9.7

South Africa

4,414

3,931

+12.3

Note: Output in thousands of tonnes 


Key Words:  crude steel output   crude steel