South African steel production rose 3.1% year on year in November to an estimated 498,000 tons after jumping 13.8% in October to 534,000 tons, according to the World Steel Association (worldsteel). The June rise of 6.9% was the first annual increase this year and followed a 16.3% rise in steel production to 7.6-million tons for the whole of 2015 compared with a 2.8% decline in global steel production to 1.6228-billion tons. In 2015 steel production decreased in all regions except Oceania, which registered a 4.6% gain. In the first 11 months of 2016 SA steel production was down 4.5% compared with a 5.9% decline for Africa and a 0.4% increase for global steel production. In November global crude steel production rose an annual 5.0% to 132.4-million tons, of which China accounted for 66.3-million tons, which was a 5% increase. Poor SA demand was in part due to the government’s multibillion rand infrastructure investment plans failing to gain traction, as investment in steel-intensive r...

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