Steel Prices In South Africa

What is Steel?

Steel is an alloy made up of iron with typically a few tenths of a percent of carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium.

Steel Prices In South Africa

Dropper Steel 1.8m

Dropper Steel 1.8m, 1.0kg

R32.95

Dropper Steel 1.2m

Dropper Steel 1.2m, 0.7kg

R18.50

Is steel a metal?

As steel is an alloy, it is not a pure element and is, as a direct result, not actually a metal. Instead, it is actually a variant of a metal.

Although steel is composed of iron – which is metal – the non-metal carbon within its chemical makeup means that it is not a pure metal, so it cannot be classed as one.

Why are steel prices so high in South Africa?

Moreover, projects in South Africa created an ever bigger demand than what could be met by the current supply.

Consequently, price increases occurred, owing to steel shortages and challenges in the local construction sector, says Stewarts & Lloyds Bloemfontein branch manager Wayne Field.

Why is steel so expensive right now?

The COVID-19 pandemic was wreaking havoc on the economy, and the majority of domestic steel mills—like many other manufacturers—were forced to either shut down entirely or vastly reduce production.