1 21/03/2017

A widening gap

Since 2005 the gap between steel demand and steel production has

increasingly widened.

© africon GmbH 2016

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15

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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Aparent Steel use (finished products)

Production of hot rolled products

Gap of ~20 mln tons in 2014

• Africa still does not produce enough steel to address its requirement. This gap has been increasing since 2005.

• With infrastructure being at the center of governments’ development policies, this represents the biggest argument of further investment in the future.

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