South Africa’s crude steel production was down 5% in 2024. ArcelorMittal South Africa’s planned closure of its long steel business highlights issues like local demand, government policies favoring mini mills, high logistics, and electricity costs. Environmental regulations, overcapacity, and import competition exacerbate challenges. Amidst these, opportunities exist in 3D printing, robotics, mini mills, and exporting statewide compliant products. Key players include AMSA, Scaw Metals, and Autocast.
South Africa's crude steel production was down 5% in 2024. ArcelorMittal South Africa's planned closure of its long steel business highlights issues like local demand, government policies favoring mini mills, high logistics, and electricity costs. Environmental regulations, overcapacity, and import competition exacerbate challenges. Amidst these, opportunities exist in 3D printing, robotics, mini mills, and exporting statewide compliant products. Key players include AMSA, Scaw Metals, and Autocast.