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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


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SFIO hands over papers to Bhushan Steel ex-promoters 
Tue 15th Oct 2019 01:00 GMT
The documents were handed over in pen drives to former Bhushan Steel chairman Brij Bhushan Singal, his son and former [see full report]

China's Major Railway Transporting Coal from North to ... 
Tue 15th Oct 2019 00:10 GMT
The Haoji railway which links China's biggest coal production region Inner Mongolia to Jiangxi province in the south via central provinces including Hubei and Hunan, will significantly cut [see full report]

Ezz Steel Reports Fall in Earnings in H1 of 2019 
Mon 14th Oct 2019 23:24 GMT
Ezz Steel reported a sharp fall in earnings pressured by a sustained fall in the price of steel products and a rise in costs of iron ore pellets. For the six months ended 30 June 2019, EBITDA [see full report]

As Trump threatens to destroy Turkey's economy and Kurds ... 
Mon 14th Oct 2019 21:03 GMT
It's mind-boggling, because it's not just one mistake, it's a pattern, Erdemir said. It's really quite a mystery. Steel tariffs, slapped on Turkey along with other countries, and the decision [see full report]

CSN Companhia Siderrgica Nacional: 3Q19 Earnings Release ... 
Mon 14th Oct 2019 19:10 GMT
The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of high value-added steel products. Thanks to [see full report]

Steel giant ArcelorMittal to review Canadian iron ore ... 
Mon 14th Oct 2019 09:30 GMT
The company is reviewing its iron ore assets in Canada, Brazil and Liberia, the people said, asking not to be identified as the matter is private. ArcelorMittal is speaking with financial [see full report]


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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