STEEL INDUSTRY REPORTS
CORPORATE AND INDUSTRY NEWS
Fri 20th Sep 2019 18:48 GMT
Inaccurate information has been spreading in the Ukrainian media, alleging that Metinvest Group is seeking to monopolise the coking industry. We view such reports as an attempt to place pressure on the Group and discredit [see full report]
Metso presents a tailings solution fit for the future
Fri 20th Sep 2019 15:14 GMT
The cost of water aside, tailings storage is a risky business and the issue of safe management has come to the forefront over the past five years, following dam failures at mines like Samarco [see full report]
Demand for steel driving big year for state docks
Thu 19th Sep 2019 19:21 GMT
From the State Docks, where carbon-steel slabs arrive from Brazil and Mexico, it looks as if the mills slow start is ancient history. Theyre rolling the 3.5 million tons that were putting up [see full report]
Russia: Metalloinvest gets 300-million euro loan
Thu 19th Sep 2019 10:51 GMT
Metalloinvest has opened a pre-export financing credit line with a number of Russian and international banks. The PFX-2019 amount is 300 million euro, and the maturity rate is 4.25 years. The agreement has been concluded under the strategy to manage loans. The funds will be used to improve the loan portfolio, in particular, [see full report]
How to do business in China
Thu 19th Sep 2019 09:11 GMT
In his lengthy career as an official, he ran two provinces, Fujian and Zhejiang, both of which owe their the wealth of corrupt officials was all but impossible), I visited a steel maker [see full report]
U.S. Steel Stock Plummets on Weak Outlook. Steelmageddon ...
Thu 19th Sep 2019 09:04 GMT
Our caveat was steel prices needed to rise and our catalyst for a price increase was the tragic dam collapse in Brazil which sent iron ore prices soaring. (Brazil is a globally dominant producer [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