STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
Thu 12th Dec 2019 09:13 GMT
Notice regarding the termination of the duty to file reports [more]
Elizabeth Gaines delivers big time at Fortescue
Thu 12th Dec 2019 05:02 GMT
Vales dam disaster at Samarco in Brazil had also reduced the competitive supply of iron ore. Iron prices spiked as high as $US122 a tonne mid-year and remain at a very healthy level of over $US90 [see original report]
3Q19 figures announced for metals and mining industry ...
Thu 12th Dec 2019 01:56 GMT
The top five deals of 3Q19 tracked by GlobalData were: Liberty House Groups US$841.11 million asset transaction with ArcelorMittal The US$658.99 million acquisition of Maanshan Iron & Steel [view original report]
POSCO joins forces with Chinas HBIS in high-end auto ...
Wed 11th Dec 2019 21:39 GMT
The new joint venture is expected to be based in Tangshan in China's northern Hebei province, near HBIS's Laoting cold rolling steel plant, and will focus on developing high-end steel products [go to full press release]
U.S. Steel Tariffs on Argentina, Brazil Arent Settled ...
Wed 11th Dec 2019 13:03 GMT
A top White House adviser cast doubt on President Trumps statements last week that he intended to immediately place steel and aluminum tariffs on Argentina and Brazil. The White House is [read full article]
Tata Steel sets out vision to build a stronger and more ...
Wed 11th Dec 2019 00:00 GMT
Tata Steel today (11 December) presented to its European Works Council further details of plans to build a stronger and more [see full report]
Standard & Poor's Global Ratings revises MMK outlook ...
Wed 11th Dec 2019 00:00 GMT
PJSC Magnitogorsk Iron & Steel Works' (MMK, or the Company) (MICEX-RTS: MAGN; LSE: MMK), one of the worlds largest steel producers, is pleased to announce that Standard & Poors Global Ratings has revised MMK outlook from stable to positive and affirmed the rating [see original press release]
S&P revises NLMK Group outlook to positive from stable
Wed 11th Dec 2019 00:00 GMT
International rating agency S&P Global Ratings has revised its outlook on NLMK Groups long-term credit rating (investment grade BBB-) to positive [see press release]
Press Release - Steel Dynamics
Wed 11th Dec 2019 00:00 GMT
Steel Dynamics Announces Completion Of Note Offering And Redemption Call For Its 5.125% Senior Notes Due [see press release]
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