Page 72 of 91 What is the size of the domestic market that has been lost to imports (upstream and downstream)?
Upstream:
Apparent steel consumption (ASC) of primary steel products in 2019 was 4,3 million tonnes, of which 0.9 million tonnes (21%) were imported. The size of the domestic market lost to imports of primary steel products is 15% of ASC, considering that the non-available steel products would have been on average 6% of ASC. Illicit steel trade, trade via exempted countries and circumvention have resulted in an increase in imports in the wake of lower ASC in 2019. Apparent steel consumption is estimated at 3.3 million tonnes in 2020, of which about 0.7 million tonnes (+20%) will be imported notwithstanding the drag effect caused by COVID-19. Supply problems from AMSA are significantly impacting the local industry and compelling it to increase imports.
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The South African Steel and Metal Fabrication Master Plan 1.0
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