African Steel Output Decline Driven by South Africa and Libya

The African crude steel production recorded substantial decline during the month of September 2020, mainly driven by notable decline in output by South Africa and Libya. The regional output during the initial nine months of the current year too was down significantly.

The monthly crude steel production data published by the World Steel Association (worldsteel) indicates that African production dropped below 1 million tonne (mt) mark, totalling only 915,000 tonnes. This is down significantly by 14.0% from the previous year. The region had produced 1.064 Mt of crude steel in September last year.