Slide of the month (SOTM) October. Numbers on steel in Africa

The slide of the month October shows that more and more steel is used on the African continent while steel production does not increase significantly. This gap must be dissolved by imports but it also indicates interesting investment possibilities for the steel processing industry. Seeing the need of steel increasing, we can also resume that construction is going up since 2005.

To help German small and medium-sized enterprises (the “Mittelstand”) enter the African markets, the BRS [...]