CORPORATE NEWS
Leading international metals executive to take the helm 
Wed 14th Nov 2018 00:00 GMT Fast-growing industrials group, Liberty, part of Sanjeev Guptas global GFG Alliance, has appointed Cornelius Louwrens, one of the European metals industrys most prominent figures, as chief executive of its UK steel division [
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China October steel output hits record-high before winter ... Tue 13th Nov 2018 20:34 GMT Hebeis top steelmaking city of Tangshan has ordered steel mills to cut production by an average of 30-35 percent, depending on their emission levels, while No. 2 steelmaking city Handan introduced an [
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Thyssenkrupp to install Daimler CFO as chairman - Handelsblatt Mon 12th Nov 2018 00:00 GMT FRANKFURT Reuters - Thyssenkrupp (DE:TKAG) is due to install Daimler (DE:DAIGn) Chief Financial Officer Bodo Uebber as its chairman, German daily Handelsblatt said on Monday, citing industry [
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Egyptian Stocks Lead Losses Across Mideast, North Africa Sun 11th Nov 2018 17:48 GMT Ezz Steel and Qalaa Holdings Saudi Arabias Tadawul All Share Index falls 0.4%. The gauge has retreated almost every day this month [
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Hold govt to account on mega deals, says Mudenda Fri 9th Nov 2018 17:17 GMT If Zisco does not arise, the industrialisation in terms of steel trade will not happen, he said while giving his keynote address at the 2018 pre-budget seminar held in Bulawayo yesterday. Mudenda sai [
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Profit warning exposes takeover risk for Thyssenkrupp Fri 9th Nov 2018 00:00 GMT By Christoph Steitz, Edward Taylor and Tom Kckenhoff FRANKFURT Reuters - A fresh hit to Thyssenkrupp (DE:TKAG) shares has driven down the group's enterprise value, raising the chances of a [
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Flat Steel Market Growth 2018-2025: Industry Size, Share ... Thu 8th Nov 2018 19:26 GMT Hyundai Steel, IMIDRO, MMK, NSSMC, SAIL, Nucor Corporation, Severstal, Shagang Group The study further talks about who are the potential customers are and where most of them are located. Besides, anal [
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Fresh profit warning exposes flaw in Thyssenkrupp spin-off ... Thu 8th Nov 2018 00:00 GMT By Christoph Steitz and Edward Taylor FRANKFURT Reuters - Thyssenkrupp (DE:TKAG) on Thursday cut its profit outlook for the second time this year, blaming provisions for an ongoing steel cartel [
full report]
INDUSTRY NEWS
Season review: End of season roundtable Wed 14th Nov 2018 08:43 GMT Keep spending on development and utilize the Steel as much as possible in the long term Jim: Id let Dockal go if Henan Jainyes price isnt reasonable. As good as he was, and as essential as that [
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Chinese authorities increase crackdown on workers and ... Wed 14th Nov 2018 08:33 GMT Similarly, on 7 November, 300 workers from Hunan province who had travelled to Shenzhen demanding Far from weakening revolutionaries, repression will only steel and temper them as they learn from [
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Material Matters: Iron Ore, Nickel & Copper Tue 13th Nov 2018 15:11 GMT Since the collapse of the Samarco dam took a chunk out of the export market in 2015, iron ore pellets have been in tight supply, reflected in a contract premium of US$58/t in 2018. While miners remain [
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India: Crude steel production up 5.2% at 61.1 MT this ... Tue 13th Nov 2018 14:29 GMT Latin American economies led by Brazil, Argentina signal disastrous signals (GDP China is reducing tariffs including those on steel, textiles, building materials to 8.4% from the current level of [
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This Morning in Metals: Novelis Invests $175M in Brazil ... Tue 13th Nov 2018 10:26 GMT This morning in metals news, Novelis Inc. announced a $175 million investment in its aluminum recycling and production capabilities in aluminum, Chinese steel prices fell, and U.S. CRC and HDG [
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Worlds largest Confucius statue gets final polish as ... Tue 13th Nov 2018 01:36 GMT Made of brass and reinforced with steel, the giant effigy stands 72 metres which is headed by the Spring Temple Buddha in central Chinas Henan province, which stands 128 metres [
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Asia's 2018 Heroes Of Philanthropy: Putting Wealth To ... Mon 12th Nov 2018 14:34 GMT Hui's other philanthropic work spans opening schools in his hometown Quanzhou, Fujian, to building hospitals in China's Kiswire, which manufactures specialty steel wire products for automotive, br [
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Israeli Soldiers Kill 6 Palestinians in Gaza, Injure ... Sun 11th Nov 2018 18:54 GMT Israeli sources reported that one of the six men killed in the airstrike was Nour Barakeh, a deputy commander of an elite unit of Ezz al-Din al-Qassam eight Palestinians with rubber-coated steel b [
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Brazil steelmaker CSN plans 27.5 percent price hike for ... Thu 8th Nov 2018 11:00 GMT The move marks the second time a Brazilian steel producer has tried to flex its muscle with but the company is a significant provider for the Brazilian unit of General Motors Co. Brazil, until the [
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SELECTED STEEL INDUSTRY MAPS
European BOF 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
Notes
Analyses above were last updated in January 2016. For further item-specific capital investment data see our steel capex database page.
EMPLOYMENT BENCHMARKS
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 potential 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 YEAR 2019
Table below shows global crude steel production volumes and capacity figures - as assessed by World Steel Association and by the OECD to 2019 - and resulting calculation of steelmaking capacity utilisation. The overall picture for 2019 as compared to 2018 is that of a tiny reduction in the global capacity utilisation at crude steel level, from 77.2% to 77.1%.
Year
Production
million t
Capacity
million t
Capacity
Utilisation
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
