Steel industry news insight and analysis.

This site offers visitors steel industry news from around the globe; steel pricing information (including raw material prices); steelmaking plant and equipment capex costs; and steel market knowledge (supply and demand). Our consultants provide impartial expert advisory support relating to metals sector modernisation & investment. This includes feasibility assessments and due diligence appraisals.

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Raw Material & Steel Prices

WORLD STEEL PRICES

Trends & Forecasts

Steelmaking raw material costs and finished steel prices are on a falling trend, but the low point in the cycle may be some way off. Why not check out our pricing pages to learn more about billet, slab, DRI and electrode prices? Or click here to see our five year steel price projections.

STEEL PRICE FORECASTS

FREE EXAMPLES

Capex Costs

We maintain a database of capital investment costs for iron and steelmaking plant and equipment. The database, compiled from public information on just over 1000 actual investments, covers the following.

Raw materials: coal washing plants, lime plants, sinter plants, coke making, beneficiation, pellet plants, DRI.
Iron and steelmaking: blast furnaces, BOF, EAF, induction furnaces, and continuous casting. We also maintain capital investment cost data for pig iron desulphurization, pulverised coal injection (PCI), ladle furnaces, vacuum degassing.
Flat products: steel plate, hot rolled coil, cold rolled coil, hot dip galvanised sheet, tinplate, organic coated sheet, temper rolling (skin-pass mills).
Long products: heavy sections, rail, steel bar, rod, wire.
Tube: welded pipe and seamless tube.
Ancillary operations: air separation units, dedusting, power plants, slitting lines, pickling plant, annealing, waste water treatment plant, acid regeneration plants, scrap shredding.
Greenfield investments: integrated mills, mini mills, micro mills.

Hover over chart or swipe to start / stop / move display

Contact us to learn more about our iron and steelmaking capex cost database. Our advisors can also help with valuations of second-hand equipment.

CAPEX COST DATABASE

Get access to the latest steel industry news, prices and business intelligence.
Our subscriptions start from only $10 / month.

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Any map made to order

Selected Steel Industry Maps

PREVIOUS STOP / START NEXT

We can supply plant location and capacity spreadsheet data and / or prepare digital maps for any group of facilities in most geographies.

MORE STEEL MAP INFO

Cost Models

We can prepare cost models for raw material production (including coke, sinter, DRI), iron and steelmaking (BOF, EAF and induction furnace), casting and rolling (including flat, long or tube products). These models can be prepared for any region of the world, or for any nominated facility. Please contact us for further information.

Example here shows 2020 liquid steel cost for EAF-based steelmaking in a notional 1 mt / year coastal plant in Japan.

Cost models may be supplied for single or linked process steps (e.g. EAF + caster + bar mill); and with more or less detail than shown here.

2020 EAF Cost Model

Models can also be used for cost curves e.g. HRC cost curve

BOF COST MODEL EAF COST MODEL

STEEL FEASIBILITY STUDY

Are you looking for help with an independent feasibility study for a steel industry investment? Do you need a market, technical and financial evaluation as part of this assessment? This is our core business!

FEASIBILITY STUDY SUPPORT

Historic Perspectives

Selected Steel Firm: SAIL

Recent events:
1967: Wire rod mill commissioned at Bhilai.
1973: Steel Authority of India incorporated on 24th ...
2000: Unfounded rumours circulate about privatisation of ...
2009: Acquires defunct Malvika Steel for Rs 209 crore.
2012: Signs MoU to establish railway wagon factory in W ...
2016: Announces auto steel joint venture with ...
2019: Turns to Japanese & Koreans on auto jv ...
2019: Rumours circulate about Gov cutting ownership stake.
2020: Personnel fall ill after inhaling toxic gas at ...
2020: Commissions 3 mt/year capacity hot strip mill at ...
2020: Proposes to increase capacity to ~50 mt/yr by 2030.
2020: Announces plan to commence production of head hardened rails in 2021. ...

For earlier SAIL events,
visit SAIL history page.

Why not check out our 'history of steel' pages, and learn about the corporate history of the world's 30 largest steelmakers?

MORE HISTORY PAGES

ADVERTISING SECTION

Metals Consulting International consulting support

Independent Advisory Support

Our main business is feasibility study appraisal and due diligence work, for mining and metal sector clients worldwide. Why not call one of our advisors for a no-obligation discussion on +44-775-149-0885 ? Alternatively please email our consultants at info@steelonthenet.com.

We may be able to help with an independent consumption analysis; with a technical and / or financial review of your investment plans; offer insight into your strategic positioning; and perhaps assist you in obtaining external finance.

Our parent company Metals Consulting International Limited is an independent privately owned business. MCI is based in London, United Kingdom.

CONSULTING SUPPORT

Metals and Mining Consulting Assistance

Other businesses within our Group include Saint Barbara, an independent UK-based metals and mining consultancy; Steel Expert Witness, which provides litigation support to clients involved in steel sector legal disputes; and Metal Expert Witness, which offers technical advice on cases in the non-ferrous metals sector [including aluminium, copper, lead and zinc, nickel, tin, silver, gold etc].

For further information, please visit the MCI Group website.

MANUFACTURING PERFORMANCE IMPROVEMENT

Looking to improve your plant's operating performance? We have technical experts in melting casting and rolling, who are able to diagnose manufacturing problems and offer solutions. See our case studies page.

PERFORMANCE IMPROVEMENT CASE STUDY

Beginners Start Here

Are you unfamiliar with the world of steel, or with the technical terms used in the industry? Perhaps you don't have a metallurgical background; or maybe you just want to brush up on your steel industry knowledge?

If so, we have some great resources that might be of interest. Click below to see some introductory videos about how steel is made. Another link below will also take you to our steel industry glossary of terms.

TRAINING VIDEOS GLOSSARY OF TERMS

Crossword and quiz