S. Africa’s carbon and alloy steel product imports up 47% in Feb

Wednesday, 25 April 2012 15:47:48 (GMT+3)   |  
       

South Africa's primary carbon and alloy steel product imports (excluding stainless steel and drawn wire) amounted to 58,587 mt in February this year, decreasing 31 percent compared to January this year, and up 47.1 percent compared to the same month of the previous year, according to the customs and excise data released by the South African Iron and Steel Institute (SAISI).

The country's primary carbon and alloy steel products imports during the first two months of 2012 amount to 143,464 my, increasing by 48.6 percent compared to the 96,566 mt of primary carbon and alloy steel products imported during the corresponding period of 2011.

Of South Africa's total primary carbon and alloy steel product imports in the January-February period this year, 67.4 percent consisted of flat steel products, 29.8 percent consisted of profile steel products, while semi-finished products accounted for the remaining 2.8 percent.


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