High Pressure Processing Industry 2017 Industry Analysis ... Fri 23rd Mar 2018 02:21 GMT
Some of the key players that are dominating this market are Avure Technologies Inc., Chic Freshertech, Baotou Kefa High Pressure Technology Co. Ltd., Hiperbaric Espana, Multivac Sepp Haggenmller GmbH, Kobe Steel Ltd., Thyssenkrupp Ag, Stansted Fluid [see article
]Tata Steel selected as successful applicant to buy Bhushan ... Fri 23rd Mar 2018 00:00 GMT
Tata Steel and India's biggest domestic steelmaker JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel [see article
]ArcelorMittal set to take part in Essar Steel rebid Fri 23rd Mar 2018 00:00 GMT
Essar Steels committee of creditors (CoC) had rejected ArcelorMittals bid and that of rival Numetal for failing to pass test criteria laid down in the Insolvency and Bankruptcy Code (IBC) [see article
]ArcelorMittal plans to rebid for Essar Steel Fri 23rd Mar 2018 00:00 GMT
The SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal finding them ineligible under the IBC [see article
]U.S. Metal Stocks Tumble as Tariff Waivers Water Down ... Thu 22nd Mar 2018 12:28 GMT
U.S. Steel slumped 8.9 percent at 3:08 p.m. in New York, while AK Steel Holding Corp. and top U.S. iron-ore producer Cleveland-Cliffs Brazilian steelmakers Cia. Siderurgica Nacional SA and Usinas Siderurgicas de Minas Gerais SA rallied [see article
]Nucor executive VP sells $520,000 worth of stock Thu 22nd Mar 2018 12:06 GMT
An executive vice president at steel manufacturer Nucor Corp. sold $520,000 worth of company stock, according to a Securities and Exchange Commission filing on Wednesday [see article
]So, What Was The Point Thu 22nd Mar 2018 11:56 GMT
U.S. Steel slumped 8 percent at 11:34 a.m. in New York, while AK Steel Holding Corp. and top U.S. iron-ore producer Cleveland-Cliffs Brazilian steelmakers Cia. Siderurgica Nacional SA and Usinas Siderurgicas de Minas Gerais SA rallied [see article
]Trump's steel tariffs good for this Point Lisas company Thu 22nd Mar 2018 05:13 GMT
Here's an unlikely beneficiary from US President Donald Trump's new tariffs on imported steel and aluminium: Point Lisas-based NuIron Unlimited. We thank the president for taking decisive and meaningful action to address the massive flood of dumped and illegally subsidised steel imports into the United States, said John Ferriola, chairman, chief executive officer and president of Nucor Corporation, the parent company of wholly-owned subsidiary NuIron [see article
]Temporary Exemption From Trump Steel Tariffs Is Step ... Thu 22nd Mar 2018 00:00 GMT
Commenting on reports that the EU is set to secure a temporary exemption from the Trump steel tariffs, Member of Parliament for Aberavon, home of the Port Talbot steelworks, Stephen Kinnock, said: Steelworkers across the UK and Europe will sigh with relief if it is confirmed that the EU have secured a temporary exemption from the Trump tariffs, but we are by no means out of the woods yet. Continue reading [see article
US to Shield Europe, Australia, Brazil from Steel Tariffs Fri 23rd Mar 2018 10:21 GMT
The U.S. will shield a list of allies including Europe, Australia, South Korea, Argentina and Brazil from steel and aluminum tariffs that take effect on March 23 Friday, U.S. Trade Representative Robert Lighthizer said. President Donald Trump has decided [see article
]Trump Waters Down Steel Tariffs, Ups Trade War With China Fri 23rd Mar 2018 08:09 GMT
The four countries sending the most steel to the U.S. in 2017 were Canada, Brazil, South Korea, and Mexicoall exempted. Rounding out the top 10 are Russia, Turkey, Japan, Germany (exempted), Taiwan, and China. (Commerce breaks out imports for Taiwan [see article
]Chinese steel futures, iron ore fall Fri 23rd Mar 2018 05:52 GMT
That is limiting gains in steel prices made over the past few sessions on expectations for more government-mandated output curbs this year. The previous gains were mainly driven by the expectation that output curbs in Tangshan could spread to other [see article
]CHINA COKE WRAP: Prices tumble after spring demand misses ... Fri 23rd Mar 2018 05:35 GMT
But downstream demand for steel has not picked up as strongly as expected Although north Chinas steelmaking hub of Tangshan has already allowed local mills to operate their blast furnaces at 85-90% of capacity, compared with an average of just [see article
]U.S. to shield Europe, Australia, Brazil among other ... Fri 23rd Mar 2018 04:04 GMT
The U.S. will shield a list of allies including Europe, Australia, South Korea, Argentina and Brazil from steel and aluminum tariffs that take effect on Friday, U.S. Trade Representative Robert Lighthizer said. President Donald Trump has decided to [see article
]Markets plunge in China, Hong Kong as first salvoes fired ... Fri 23rd Mar 2018 01:50 GMT
China retaliated by announcing 15 per cent import tariffs on 120 types of US products including fruit, wine and steel pipes, valued at US$977 million to 11,939.24 before closing down 2.4 per cent. WH Group, the Henan-based company that bought [see article
]Some Chinese Stocks Are Doing Well Out of This U.S. Trade ... Fri 23rd Mar 2018 00:14 GMT
Also included in Beijings 128-item hit list are steel products, pork, fresh and dried fruits Gansu Dunhuang Seed Co. rose the 10 percent daily limit, as did pig farm operator Hunan New Wellful Co. Harbin High-tech Group Co., a soybean processor [see article
]Asia stocks tumble, yen firms after Trump announces tariff ... Fri 23rd Mar 2018 00:07 GMT
There were some winners, however, as China-listed pork producers sizzled after Beijing announced plans for tariffs on US imports of the Chinese dinner table staple as well as tariffs on steel and recycled aluminium. Hunan New Wellfull jumped 10 per cent [see article
]Brazil to monitor steel imports after US Section 232 ... Thu 22nd Mar 2018 15:18 GMT
The Brazilian government will monitor imports of steel products in order to detect if there is any diversion of volumes previously exported to the United States following that country's imposition of a 25% tariff on steel imports from certain countries [see article
]RTF Sustainability Awards 2017 Thu 22nd Mar 2018 08:27 GMT
Most of the fastest growing cities in the tropics have expanded with massive consumption of concrete, steel and other non-renewable materials time I planned an island located in the east of Fujian Province of Mainland China, Taiwan Main Island on [see article
SELECTED STEEL INDUSTRY MAPS
European SBQ plants
For other steel location maps, visit our steel industry maps page.
STEEL PLANT CAPITAL INVESTMENT COSTS
BOF SLAB PLANT
All cost estimates are in 2016 US dollars.
For further info visit our steel capex page.
Capital costs describe investment for an integrated slab plant with continuous casting, typically with coke, sinter etc. Representative investments include:
- CSA slab mill investment in Sepetiba, Brazil
- CSN investment in Itaguai, Brazil
- CVRD-Baosteel joint venture in Vitoria, Espirito Santo in Brazil
- Sinosteel Corporation's investment in Jharkand, India.
Average cost: $4300m
Average capacity: 4210 kt
Sample size: 12
Average cost/tonne: $1050/t
INTEGRATED HOT STRIP MILL
All cost estimates are in 2016 US dollars.
For further info visit our steel capex page.
Chart describes investments in ore-based integrated steel plants with hot strip production and sometimes other additional downstream rolling capability. Typical examples include:
- Wuhan Iron & Steel investment in Fangchengang Port in China
- ArcelorMittal investment in Karnataka, India
- Tata Steel joint venture with VSC & Vicem for investment in Vung Ang in Vietnam.
Average cost: $7560m
Average capacity: 6660 kt
Sample size: 16
Average cost/tonne: $1200/t
Analyses above were last updated in January 2016. For further item-specific capital investment data see our steel capex database page.
Chart above shows current employment levels at 114 different steel firms around the world - companies that make flat, long and/or tubular carbon steel products.
An average steel producer with a production capacity of ~3 mt steel/year typically thus has ~4000 employees. If your steel company employs more than this, please call us - our technical experts can assist with steel plant productivity improvement.
To discuss the interpretation of this chart and/or further information (including employment benchmarks for specialty steel production) please email us at the address shown at the foot of the page.
INDUSTRY SUPPLY & DEMAND FORECASTS FOR YEARS 2017-2018
Table below shows global crude steel production volumes and capacity figures - as assessed by World Steel Association and by the OECD to 2018 - and resulting calculation of steelmaking capacity utilisation. The overall picture for 2018 as compared to 2017 is that of a tiny reduction in the global capacity surplus [which will fall from ~602mt to ~598mt] and a small but significant improvement in world capacity utilisation at the crude steel level.
Source: MCI analysis. Table last updated 15-Nov-17.
Graph below shows the relationship between steel prices and the global level of capacity utilisation - and indicates (both for HRC and for rebar) that prices fall ~$27/tonne per 1% drop in capacity utilisation.
In 2017, on the basis that world capacity utilisation remains largely at 2016 levels of approx 67.4% (see table), MCI's consultants expect steel prices to remain at 2016 levels.
In 2018, assuming a very small improvement in global capacity utilisation, we forecast just a tiny increase in steel price levels of the order of $5/tonne (hot rolled coil and reinforcing bar). For other products and / or for steel price forecasts through to 2020, please contact us.
OTHER USEFUL METAL INDUSTRY WEBSITES
Why not check out the following websites?
American Metal Market (AMM) at www.amm.com
Steel Guru at www.steelguru.com
SteelOrbis at www.steelorbis.com
Metal Bulletin at www.metalbulletin.com