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Our main business activity is steel industry capital investment appraisal.
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STEEL INDUSTRY REPORTS

CORPORATE AND INDUSTRY NEWS


ferrous scrap

Supreme Court stays NCLAT order in Essar Steel case 
Mon 22nd Jul 2019 01:00 GMT
Supreme Court stays NCLAT order in Essar Steel case, says once commercial wisdom of CoC takes place, one can't act as [see full report]

China's top steelmaking city Tangshan steps up anti-smog ... 
Sun 21st Jul 2019 20:07 GMT
Other steel producers in Tangshan have to shut 50%-70% operations. Coke producers were ordered to extend coking time to 28-36 hours based on their emission levels. Tangshan was ranked the [see full report]

More woes for Ziscosteel as creditors feast on dead govt ... 
Sun 21st Jul 2019 17:57 GMT
Top three debtors are the Ministry of Finance Debt Assumption $14, 7 million (formerly Zisco Debt), Ziscosteel $4,1 million and Steel Makers $0,59 million, financial documents from Redcliff [see full report]

China steel mill boss detained for pollution offences 
Sun 21st Jul 2019 17:43 GMT
SHANGHAI: The boss of a steel mill in the city of Tangshan in Hebei province has been detained after his plant was found to have violated anti-smog restrictions, state media reported on Monday (Jul [see full report]

Shanghai steel futures slip on weak demand, iron ore ... 
Fri 19th Jul 2019 18:26 GMT
The Dalian iron ore benchmark has more than doubled this year, amid supply outages in top exporters Australia and Brazil, and robust demand in China - the worlds top steel producer and [see full report]

Shanghai steel rebar extends losses on tepid demand 
Fri 19th Jul 2019 15:16 GMT
The iron ore benchmark, which hit a record-high 924.50 yuan a tonne on Tuesday, has more than doubled this year amid supply outages in top exporters Australia and Brazil, and robust demand in [see full report]


We also show stainless steel industry news and other specialty metal news reports.
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SELECTED STEEL INDUSTRY MAPS


Map of USA zinc coating lines
USA zinc coating lines

For other steel location maps, visit our Steel Maps page.




STEEL WORKS CAPEX COSTS


BOF SLAB PLANT

capex cost of BOF steel 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

hot strip mill capital investment costs
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


steel plant 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%.


Year
Production
million t
Capacity
million t
Capacity
Utilisation
2012
1560
2100
74.3%
2013
1650
2271
72.7%
2014
1670
2316
72.1%
2015
1620
2334
69.4%
2016
1627
2281
71.3%
2017
1689
2245
75.2%
2018
1819
2291
79.4%
2019
1838
2306
79.7%
2020
1852
2322
79.8%
Source: MCI analysis. Table last updated 26-Apr-19.



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