STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
Thu 23rd May 2019 10:55 GMT
President of Kazakhstan Kassym-Jomart Tokayev has visited the Aktobe Ferroalloy Plant of the Transnational Company Kazchrome JSC. The Head of State got familiar with the industrial process and the performance indicators of one of Kazakhstan’s metallurgy flagships. Besides, the People’s Oversight project, in which people with disabilities are involved in ensuring occupational health [see full report]
Russia: Krasniy Octyabr resumes furnace No. 5 operation
Thu 23rd May 2019 10:54 GMT
The electric arc furnace No. 5 has been put into trial operation at the electric shop No. 2 of Krasniy Octyabr. The volume of the furnace is 200 tons. The furnace has not been operating for a year. It was shut down in May 2018 in order to assemble gas-purifying equipment. [see full report]
Brazil's Vale, China's CCCC to co-invest in northern ...
Thu 23rd May 2019 08:05 GMT
State-controlled China Communications Construction Co (CCCC) and iron ore miner Vale SA have agreed to set up a steel mill in Brazils northern state of Par with a $450 [see full report]
Cadence Minerals sign HOT with IndoSino
Thu 23rd May 2019 01:26 GMT
The Amap Project is a large-scale iron open pit ore mine with associated rail of USD 6 million over two stages into a JV company, Pedra Branca Alliance Pte Ltd. Cadence's investment [see full report]
Why Is Nucor (NUE) Down 9.3% Since Last Earnings Report
Thu 23rd May 2019 01:00 GMT
Nucor (NUE) reported earnings 30 days ago. What's next for the stock We take a look at earnings estimates for [see full report]
TMK and the National Petroleum Company of Congo sign ...
Thu 23rd May 2019 00:38 GMT
TMK and the National Petroleum Company of Congo (Socit Nationale des Ptroles du Congo, SNPC) signed a [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 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%.
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