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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


melt shop steelworker

Man has a steel ring firmly stuck on his penis for three ... 
Mon 18th Nov 2019 07:10 GMT
A man has had a steel ring removed from his penis after it got firmly stuck on his penis for three Doctors at a hospital of Xinxiang, central China's Henan Province, called the local fire [see full report]

5.2%+ growth for Aircraft Carbon Brake Disc Market Size ... 
Mon 18th Nov 2019 01:21 GMT
Compared to steel brakes, it is lighter, has better heat dissipation property an Aviation Brake Technology, Chaoma Technology and Hunan Boyun New Materials with respect to the competitive [see full report]

Why ArcelorMittal should take its IBC prize Essar Steel ... 
Mon 18th Nov 2019 00:00 GMT
Essar Steel is a feather in ArcelorMittals cap but it has its task cut out and its balance sheet will feel the strain of [see full report]

Tata Steel plans to cut jobs across European operations 
Mon 18th Nov 2019 00:00 GMT
Tata Steel, which launched a transformation programme in June to strengthen its European biz, has operations including steelmaking in the Netherlands and Wales and downstream operations across Europe. There will be no plant closures but the aim is to shield the company against the huge number of challenges it faces, the [see full report]

ArcelorMittal willing to re-commit to Ilva steel plant ... 
Mon 18th Nov 2019 00:00 GMT
After withdrawing from the contract, the world's biggest steel maker is drafting a proposal for Italy's government in which it will demand the reintroduction of legal immunity, the possibility to revise its industrial plan and the layoff of [see full report]

Incentive stimulus for target value-chain industries 
Fri 15th Nov 2019 14:27 GMT
Prof Ncube said the revival of the local steel industry, for instance, was key for the economy given the value chain potential it possesses. As such, he said, Government will continue to seek [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 European welded tube plants
European welded tube plants

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