STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
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]
To see all our latest news check out our other news pages.
SELECTED STEEL INDUSTRY MAPS
For other steel location maps, visit our Steel Maps page.
STEEL WORKS CAPEX COSTS
BOF SLAB 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
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
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%.
million t
million t
Utilisation
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