14,396.54 TRY BIST 100 BIST 100
56.12 EUR EUR EUR
47.97 USD USD USD
7.18 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.85 TRY Interest Interest
93.44 USD Fossil Oil Fossil Oil
6.56 USD Copper Copper
106.65 USD Silver Silver
95.94 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Africa crude steel production rose to 2.1 million tons in April

Africa’s crude steel production increased by 11.5% year-on-year to 2.1 million tons in April 2026, while output rose by 8.7% to 8.4 million tons in the January–April period. However, production capacity continues to fall short of rising domestic demand, leading to a growing import dependency across the region.

Africa crude steel production rose to 2.1 million tons in April

According to World Steel Association, Africa’s crude steel production increased by 11.5% year-on-year to 2.1 million tons in April 2026. In the January–April 2026 period, output rose by 8.7% to 8.4 million tons. Despite this recovery, current production capacity remains insufficient to meet rising domestic demand, strengthening the region’s position as a net importer.

Steel demand across Africa increased by 16.1% in 2025, reaching 36.28 million tons, and is expected to grow by a further 4.4% in 2026 to 37.89 million tons. This outlook reflects continued structural demand growth driven mainly by infrastructure investment and construction activity.

However, production continues to lag behind demand growth. The April recovery alone remains insufficient to close the widening gap between supply and demand.

South Africa at the Center of Regional Pressure

In South Africa, the continent’s largest industrial economy, a notable weakening trend was observed in 2026. Crude steel production declined by 14.4% to 1.34 million tons, with output in April recorded at approximately 365 thousand tons.

Low-priced imports, particularly from China, continue to increase pressure on domestic producers. Falling import prices are weighing on domestic market levels, compressing producer margins, and further exposing structural competitiveness challenges in the sector. 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s CRC exports decreased 39.2% in June, while shipments to the US increased

Friday, August 21, 2026

Fortescue’s Iron Ore Shipments Hit Record 201.3 Million Tonnes in FY2026

Friday, August 21, 2026

Federacciai and 14 Italian steel companies submit expressions of interest for former Ilva

Friday, August 21, 2026

Steel production halted at Libyan steel mill due to ongoing power crisis

Friday, August 21, 2026

IIT Hyderabad and Jindal Steel forge new partnership for advanced steel technologies

Saturday, August 22, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now