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This site offers visitors steel industry news from around the globe; steel pricing data (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 metal sector modernisation & investment. This includes feasibility assessments and due diligence appraisals.

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Capex Outlays

We maintain a database of capital expenditures for iron and steel industry plant and equipment. The database content, compiled from public sources for over 1000 actual modernisations, covers the following.

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

  • slab plant capital expenditure
  • integrated steel mill capex costs
  • dri plant investment costs
  • billet mill construction cost
  • cost of new mini-mill
  • bar mill cost
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Call us to learn more about our iron and steel capital expenditure database. Our advisors can also help with valuations of second-hand equipment.


Raw Materials & Steel Pricing

pig iron pricing
rebar prices
price of hot rolled coil

Trends & Forecasts

Steelmaking input costs and finished prices have been on a rising trend, and may attain a price peak later this year. 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 price projections.

news and business information


Get access to the latest carbon or stainless steel media reports, prices and global business intelligence.
Our subscriptions start from only $10 / month.

Selected Steel Industry Maps

We can supply global asset location and capacity spreadsheet data and / or prepare digital maps for any group of industrial facilities in most geographies. These territories include Asia, Asia-Pacific, Europe, the Middle East, Africa, the United States and South America.


business restructuring advice


Thinking about corporate restructuring? Are you maybe on the road to privatisation? We have much experience in metal sector corporate turnaround assignments and would be pleased to assist you. Call us for a no-obligation discussion.


Cost Models

We can prepare economic models for raw material production (including coke, sinter, DRI), iron and steel production (for BOF, EAF and induction furnace process), 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 2021 liquid steel costs for EAF-based steelmaking in a notional one million tonne per year coastal works in Japan, in US dollars per metric tonne.

Economic models may be supplied for single or linked steel production processes (e.g. an EAF + caster plus a bar mill); and with more or less detail than shown here.

2021 EAF Economics

eaf cost model
Models can also be used for cost curves e.g. hot rolled coil.


feasibility study support


Are you looking for help with an independent feasibility appraisal for a steel plant investment? Do you need a market, technical and financial evaluation as part of the viability assessment? This is our core business.


Historic Perspectives

Selected Steel Firm: Metinvest

Recent events:
2013: Zaporizhstal Group equity stake increased to ...
2013: Upgrade announced for Azovstals blast furnace ...
2013: Metinvest & Black Iron plan $1bn iron ore jv in ...
2014: Opens sales office in Romania – Metinvest Carpathia ...
2015: Ilyich closes open-hearth steel shop to develop BOF ...
2015: Announces major investment plans for Kriviy Rih ore ...
2017: Hostilities force Yenakiieve I&S to halt operations. ...
2017: Acquires Ukrainian coking coal assets for consideration of ...
2019: Modernisation work on the Ilyich hot strip mill continues. ...
2020: Completes deal to acquire 73% of shares in Dniprovsky coke chemical ...
2021: Invests over US$1 billion in new cold-rolled steel production ...

Contact us for a facility overview of this or any other firm.

For earlier Metinvest events,
visit Metinvest history page.

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

steel company history

steel consultants - metal experts


Looking for more information about our firm? Learn more about our ferrous and non-ferrous expert witness support services and related activities in the metals and mining industries.

Iron and Steel Plant Database

Our database of plant and equipment in iron and steel production facilities covers:

  • Raw materials (coke, sinter, direct reduced iron or HBI, blast furnace pig iron)
  • Steelmaking assets (EAF and BOF crude steel)
  • Semi-finished products (bloom, billet, slab)
  • Flat products (plate, hot and cold rolled coil, coated sheet including galvanised iron or GI, PPGI, and tinplate)
  • Long products (heavy and light sections, bar, reinforcing bar, wire rod)
  • Tube (seamless and welded pipe).

This information encompasses both carbon and specialty steel (including stainless, electrical steel, SBQ) and is continuously updated. We can provide facility information for these plant items in most regions of the world. The data coverage typically includes:

  • Site location
  • Works ownership
  • Factory installation date
  • Closure date, where relevant
  • Annual capacity in metric tons per year
  • Plant or technology specification
  • Dimensional capability [such as minimum / maximum gauge or section diameter]
  • Details of other ancillary on-site equipment
  • and in many cases: the name of the foundry supplier, modernisation details, and comments on grade or product orientation.

If for example you are interested in a report on blast furnace commissioning dates, we can provide the following analysis for ~1500 different furnaces worldwide.

Blast FurnaceCapacity, ktCommissioned
Shandong Steel Group, Shandong, China37502017
Kobe Steel, Hyogo, Japan20042017
CSP - Cia Siderurgica do Pecem, Ceara, Brazil30302016
Zarand Iranian Steel, Iran15152016
Wuhan Fangchenggang, Guangxi, China75752016
Hung Nghiep Formosa Ha Tinh Steel, Ha Tinh, Vietnam35702016
Kardemir, Turkey20402015
Baosteel Group Zhanjiang Steel, Guangdong, China56102015
Tata Steel, Odisha, India33652015
Krakatau Steel, West Java, Indonesia13502015
V&M do Brazil, Minas Gerais, Brazil15452014
Jiangsu Tieben, Jiangsu, China86552014
Source: James F King. Assessment prepared in mid-2021.

Independent Advice

Our main activity 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

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 firm. MCI is based in London, in the United Kingdom.

ladle furnace

performance improvement consulting


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 industrial case studies page.


Beginners Start Here

Are you unfamiliar with the world of steel, or with the technical terminology used? Perhaps you don't have a metallurgical or technology 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.


Crossword and quiz
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International steel sector reports, analysis and business intelligence.

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