STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
Sun 14th Jul 2019 09:18 GMT
All sectors of the EGX declined during last weeks sessions. The basic resources sector led the list of declining sectors by 14.6% due to the sharp decline of Ezz Steel after achieving huge losses [see full report]
Deadline for final British Steel offers looms as thousands ...
Sat 13th Jul 2019 12:28 GMT
Bidders have until midnight on Monday to finalise their offers and business secretary Greg Clark flew out to Turkey for talks with steel producer Erdemir to help seal a takeover, Sky News [see full report]
United States Steel - Press Release
Fri 12th Jul 2019 01:00 GMT
U. S. Steel Reaches Agreement with Allegheny County Health Department to Resolve Enforcement Orders at Clairton [see full report]
In an increasingly water-scarce India, life's changing ...
Fri 12th Jul 2019 01:00 GMT
Two of Indias biggest steelmakers, JSW Steel & Tata Steel, have flagged risks due to water [see full report]
EUROMETAL met with national associations in Brussels
Fri 12th Jul 2019 01:00 GMT
EUROMETAL attended a meeting between national associations of steel distribution this Wednesday and Thursday in Brussels. This meeting was co-prepared by the Belgian association Belmetal (former Grymafer) and the Dutch association Staalfederatie. The meeting was attended by delegates from Austria, Belgium, France, Germany, Netherlands, Spain and Switzerland. The aim of the meeting was to [see full report]
AM Italia to restart two blast furnaces very quickly
Fri 12th Jul 2019 01:00 GMT
Steelmaker ArcelorMittal Italia had to take off line blast furnaces two and four at its Taranto steelworks in quick time yesterday, after unions called a strike because of a worker falling into the sea. There were not enough staff to securely operate the machinery because of the industrial action, called after high winds [see full report]
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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