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hot rolled steel

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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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.

  • Input 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 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 steel 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: iron ore based integrated mills, mini mills, micro mills.

  • 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
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.


Raw Material & Steel Pricing

pig iron pricing
rebar prices
price of hot rolled coil

Trends & Forecasts

Steelmaking input costs and finished prices have been on a falling trend, and the low point in the cycle may have passed. 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 steel news, prices and business intelligence.
Our subscriptions start from only $10 / month.

Any map made to order

Selected Steel Industry Maps

We can supply plant location and capacity spreadsheet data and / or prepare digital maps for any group of 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 business restructuring? Are you maybe on the road to privatisation? We have much experience in metal business turnaround and would be pleased to assist you. Contact us for a no-obligation discussion.


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, in US dollars per metric tonne.

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

2020 EAF Cost Model

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


feasibility study support


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!


Historic Perspectives

Selected Steel Firm: Ansteel

Recent events:
1965: Establishment of Panzhihua Iron and Steel (Group) Company ...
2002: Invests with ThyssenKrupp Stahl in Tagal automotive HDG plant. ...
2004: Obtains listing on Hong Kong and Shenzhen stock ...
2005: Plan announced for company merger with Benxi Iron and Steel. ...
2006: Benxi I&S merger plan abandoned.
2010: Panzhihua Iron and Steel merged into the ...
2014: Buys 60% stake in E United Group's stainless mill in ...
2015: Announces plan for another auto galv line jv with ThyssenKrupp. ...
2018: Acquires 100% of equity of Chaoyang Steel for $882m. ...
2019: Acquires Gindalbie Metals in $25m deal.
2020: Settles cross-border iron ore transaction in Yuan [not dollars]. ...

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

For earlier Ansteel events,
visit Ansteel 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

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

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.

ferrous scrap

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.

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 case studies page.


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.


Crossword and quiz
coffee break

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International steel sector news, analysis and business intelligence.

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