SA steel output down 1.5% y/y in July

South Africa’s crude steel production fell 1.5% year-on-year to 610 000 t in July, compared with the 619 000 t produced in July 2013. However, according to the latest World Steel Association (worldsteel) statistics, Africa’s crude steel output rose 21.2% year-on-year to 1.5-million tons in July, compared with 1.24-million tons in the prior comparable period.