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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


ladle furnace

Essar Steel inching towards resolution 
Tue 19th Mar 2019 00:00 GMT
NCLAT gives conditional nod to ArcelorMittals resolution plan, to rule on fund [see full report]

Mining Giant Behind Deadly Dam Collapse Took Lax Approach ... 
Mon 18th Mar 2019 21:04 GMT
On January 25, 2019, an iron ore mining dam collapsed in Brumadinho The broken dam belonged to Samarco. The same Vale SA company involved in the Brudinho collapse owned half Samarcos shares. [see full report]

Sutor Technology Group (TOR) STOCK TOR STOCK 
Mon 18th Mar 2019 20:17 GMT
The company offers hot-dip galvanized, pre-painted steel, acid pickled The company was founded on May 1, 1997 and is headquartered in [see full report]

Brazil court suspends operations at two more Vale dams 
Mon 18th Mar 2019 19:19 GMT
Karel Luketic, analyst for steel, iron ore and pulp at XP Investimentos The restrictions to Vale operations in Brazil seem to have impacted shipments, something that was not clear in [see full report]

China Shrinking Steel Industry, But Too Slowly for West 
Mon 18th Mar 2019 15:35 GMT
Chinese authorities say they shut down 30 million tons of steel production capacity last year. That cut alone is equal in size to the annual output of the No. 9 producer, Brazil, but only a sliver [see full report]

Brazil idles another Vale mine 
Mon 18th Mar 2019 15:06 GMT
The Brazilian outages have left the global iron and steel industry trying to gauge how much production will ultimately be lost as Vale's remaining mines face scrutiny. Vale may continue to [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of European welded tube plants
European welded tube 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 2019

Table below shows global crude steel output 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
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
1697
2251
75.4%
2018
1756
2275
77.2%
2019
1773
2299
77.1%
Source: MCI analysis. Table last updated 29-Oct-18.



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