STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
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]
To see all our latest news check out our other news pages.
SELECTED STEEL INDUSTRY MAPS
For other steel location maps, visit our Steel Maps page.
STEEL WORKS CAPEX COSTS
BOF SLAB 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
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
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%.
million t
million t
Utilisation
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