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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


ferrous scrap

China steel output hits record in May despite tumbling ... 
Fri 14th Jun 2019 18:14 GMT
Steel output will remain at a high level in said before data was released. The city of Tangshan, Chinas top steelmaking hub, extended anti-smog curbs on heavy industry to the end [see full report]

How Chinas High-Speed Rail Zooms Past Other Countries 
Fri 14th Jun 2019 11:06 GMT
To handle the complex terrains, the team created 3D models of geology, bridges and tunnels, using ProStructures for the steel truss bridge In the case of HSR in Henan province, municipalities [see full report]

Ukraine: 2 miners perish at Pokrovskoye Mine Group 
Fri 14th Jun 2019 10:29 GMT
On June 12, 2 miners perished at the Pokrovskoye Mine Group. As a result of an accident a miner of the breakage face died. The same day an engineer of underground machinery received fatal damages. Last year Metinvest bought 24.99% of the Pokrovskoye shares for $190 million from Victor Nusenkis. [see full report]

Neelachal Ispat to launch TMT bars soon 
Thu 13th Jun 2019 01:00 GMT
The MMTC and Odisha government-promoted steel public sector undertaking is the countrys largest producer of pig [see full report]

Brazil's steel product exports to US shoot up 
Wed 12th Jun 2019 13:29 GMT
Brazil exported 1.67Mt of semi-manufactured iron and steel products to the US in the first five months, up from 1.02Mt in the same period last year, according to foreign trade department Secex. [see full report]

Chinese steel mills chase low-grade ore as discount hits ... 
Wed 12th Jun 2019 11:39 GMT
Chinese mills have spurned lower-grade ores in recent years, preferring high-grade product from Brazils Vale or 62% mid-grade Australian ores, aiming to churn out as much steel as possible to [see full report]


We also show stainless steel industry news and other specialty metal news reports.
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SELECTED STEEL INDUSTRY MAPS


Map of world coke plants
world coke 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