Steel industry news, insight and analysis.

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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). We also provide impartial expert advisory support relating to metals sector modernisation and investment.

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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

Records available for purchase

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. We can also assist with valuations of second-hand equipment.

CAPEX COST DATABASE

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Any map made to order

Selected Steel Industry Maps

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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

Historic Perspectives

Selected Steel Firm: Evraz

Recent events:
2013: Launch of new Kazahk rolling mill in Kostanay. ...
2014: Spends $600m on Novokuznetsk rail mill ...
2015: Evraz Highveld Steel & Vanadium commences rescue proceedings. ...
2016: Announces halt of rebar production at Kazakh ...
2016: Announces April closure of Oregon spiral pipe plant, ...
2017: Completes sale of Nakhodka Trade Sea Port to Lanebrook. ...
2018: Sells 15% equity stake in Delong for ~$92m. ...
2018: Merger of EVRAZ ZSMK and Evrazruda.
2019: Refinances with 20 billion Rouble bond ...
2019: Invests in solar power for steel production in Peublo, ...
2020: Evraz North America falls victim to ransomware attack. ...
2020: EVRAZ announces a revamped corporate ...

For earlier Evraz events,
visit Evraz 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

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Independent Advisory Support

Our main business is feasibility study appraisal and due diligence work, for mining and metal sector clients worldwide. Call us for a no-obligation discussion on +44-775-149-0885 or email us at info@steelonthenet.com.

We may be able to help with an independent market, technical and / or financial review of your investment plans, and perhaps assist you in obtaining external finance.

Our parent company Metals Consulting International Limited is an independent privately owned business 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.