CORPORATE NEWS
Pollutants expected to linger through winter 
Fri 16th Nov 2018 05:35 GMT The cluster includes 28 major cities in Hebei, Shandong, Shanxi and Henan provinces as well as Beijing and Tianjin with a large concentration of industrial smokestacks for steel, construction mate [
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Shanghai steel rebar pares early gains on glut concerns Fri 16th Nov 2018 01:11 GMT Cities in northern China, including steelmaking hubs Tangshan and Handan in Hebei province, have started to implement four-month-long winter production restrictions from Thursday. Analysts estimated t [
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Danieli bags two more orders from Valin Xiangtan and ... Thu 15th Nov 2018 20:57 GMT Following recent orders from Maanshan Iron & Steel for a new bloom caster and order for a new bloom caster to be installed in their Hunan steelmaking facility. It will be a 14-m radius [
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Russia: scrap deliveries to NLMK-Ural up in October 2018 Thu 15th Nov 2018 10:50 GMT In October NLMK-Ural received 186.3 thousand tons of scrap via railroad. According to railroad statistics, this is up by 4.5% YoY. In January-October scrap deliveries to NLMK-Ural grew by 3.3% YoY, to 1.47 million tons. (Ukrainian metal) [
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Steel Grating Market Expected to Witness the Highest ... Thu 15th Nov 2018 10:22 GMT Who are the top competitors in Steel Grating market What are the products offered by AMICO, Nucor, Webforge, Harsco (IKG), NJMM, Xinxing Ductile Iron Pipes, Yantai Xinke, P&R Metals, Meiser [
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Shamil Kurmashov appointed NLMK Group CFO Thu 15th Nov 2018 00:00 GMT NLMK Group, an international steel company, is pleased to announce the appointment of Shamil Kurmashov as NLMK Group CFO, effective 15 November 2018 [
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Shanghai rebar dips on concerns over relaxed winter curbs Wed 14th Nov 2018 23:49 GMT The top steel-making city of Tangshan in Hebei province is expected to cut production at an average 30-35 percent based on emission levels at individual steel mills. Meanwhile, Hebei government [
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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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INDUSTRY NEWS
Ukraine: EMSS gets new order from Mariupol Ilyich Thu 15th Nov 2018 10:54 GMT Energomashspetsstal has signed an agreement for the delivery of back-up rolls to Mariupol Ilyich Iron and Steel Works. According to the contract, EMSS will produce 480 tons of rolls. There will be 4 rolls weighing 120 tons each. The shipping is scheduled for Q2-3 2019. The EMSS-produced rolls will be installed at the hot-rolling plate… [
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Steel Tie Rod Market to witness consistent growth in ... Thu 15th Nov 2018 06:26 GMT Request Sample/Inquire more information about this Steel Tie Rod research at https Russia, Rest of Europe, Brazil, Rest of South America, GCC Countries, Turkey, Egypt, South Africa, Rest of Middle [
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Fortescue Metals: Seeing record steel production Thu 15th Nov 2018 06:09 GMT Elizabeth Gaines says the steel inventories are increasing, which is "positive" for the company supplying in China [
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Traders forecast bearish outlook for iron ore, steel ... Thu 15th Nov 2018 03:07 GMT The steel market responded negatively to mixed economic data out The spot price of square billet in Tangshan was Yuan 3,690/mt ex-stock Tangshan Tuesday, down Yuan 420/mt from the peak seen on Sep [
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Dongkuk Steel shifts to Q3 net loss on equity shortfall Wed 14th Nov 2018 20:51 GMT A company spokesman said over the phone that Equity losses from the company's affiliates, such as a steel mill in Brazil, cut into the quarterly bottom line. The won's weakness against the dollar [
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Chinese authorities increase crackdown on workers and ... Wed 14th Nov 2018 04:22 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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SELECTED STEEL INDUSTRY MAPS
World coke 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
