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Our main business activity is steel industry capital investment appraisal.
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STEEL INDUSTRY REPORTS

CORPORATE AND INDUSTRY NEWS


red hot slab

Flagler to seek damages after mold found in former Sears ... 
Wed 22nd May 2019 10:37 GMT
Hadeed's letter also reminded Sheehan-Jones that she handled as well as some minor damage to steel sheathing areas, but found no evidence of moisture infiltration. It did suggest repairs. [see full report]

China Cuts Taxes To Enourage Chip Makers In Face Of US ... 
Wed 22nd May 2019 09:51 GMT
Also last year, the Trump administration imposed restrictions on technology exports to a state-supported Chinese semiconductor maker, Fujian Jinhua Integrated Circuit summary of top news stories [see full report]

Cadence Looks to Acquire 27 Percent Stake in Amap Mine 
Wed 22nd May 2019 08:47 GMT
Cadence Minerals has entered a non-binding Heads of Terms (HOT) with IndoSino to acquire up to 27 percent of the Amap iron ore mine a joint venture company, Pedra Branca Alliance [see full report]

How British Steel ended up on the brink 
Wed 22nd May 2019 07:14 GMT
And it couldn't have come at a worse time for British Steel because iron ore prices, one of the key inputs for the steelmaking business, are soaring. And that's happening because of an accident [see full report]

China's rust belt is struggling to regain life 
Tue 21st May 2019 17:05 GMT
Some 52 northeastern SOEs with total assets of $29 billion and a combined total workforce of 80,000 have been placed in the scheme, including Benxi Steel Group, around which the iron ore-rich city [see full report]

Cadence Minerals To Acquire 27% In Amapa Iron Mine For ... 
Tue 21st May 2019 11:38 GMT
LONDON (Alliance News) - Cadence Minerals PLC said Tuesday it has entered into a non-binding heads of terms with IndoSino Pte Ltd to acquire 27% interest in the Amapa iron ore mine into a [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of European SBQ plants
European SBQ plants

For other steel location maps, visit our Steel Maps page.




STEEL WORKS CAPEX COSTS


BOF SLAB PLANT

capex cost of BOF steel plant
All cost estimates are in 2016 US dollars.
For further info visit our Capex Costs page.

Capital costs describe capex outlays for an integrated slab plant with continuous casting, typically with coke, sinter etc. Representative modernisations include:

  • CSA slab mill installations in Sepetiba, Brazil
  • CSN investment in Itaguai, Brazil
  • CVRD-Baosteel joint venture in Vitoria, Espirito Santo in Brazil
  • Sinosteel Corporation's outlay in Jharkand, India.

Average cost: $4300m
Average capacity: 4210 kt
Sample size: 12
Average cost/tonne: $1050/t


INTEGRATED HOT STRIP MILL

hot strip mill capital investment costs
All cost estimates are in 2016 US dollars.
For further info visit our Capex Costs 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 I&S investment in Fangchengang Port in China
  • ArcelorMittal modernisation in Karnataka, India
  • Tata 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




EMPLOYMENT BENCHMARKS


steel plant employment benchmarks

Chart above shows current employment levels at 114 different firms around the world - companies that make flat, long and/or tubular carbon steel products. An average firm with a production potential of ~3 mt steel/year typically thus has ~4000 employees. If your 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 output) please email us at the address shown at the foot of the page.




INDUSTRY SUPPLY & DEMAND FORECASTS FOR YEAR 2020

Table below shows global crude steel output volumes and capacity figures - as assessed by World Steel Association and by the OECD to 2020 - and resulting calculation of steelmaking capacity utilisation. The overall picture for 2020 as compared to 2019 is that of a very small increase in global capacity utilisation at crude steel level, from 79.7% to 79.8%.


Year
Production
million t
Capacity
million t
Capacity
Utilisation
2012
1560
2100
74.3%
2013
1650
2271
72.7%
2014
1670
2316
72.1%
2015
1620
2334
69.4%
2016
1627
2281
71.3%
2017
1689
2245
75.2%
2018
1819
2291
79.4%
2019
1838
2306
79.7%
2020
1852
2322
79.8%
Source: MCI analysis. Table last updated 26-Apr-19.



OTHER USEFUL METAL INDUSTRY WEBSITES

Why not check out the following news websites for the latest steel market and steelmaking raw material news reports?

Steel Guru at www.steelguru.com

SteelOrbis at www.steelorbis.com