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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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Wildlife dept recovers seven escaped crocodiles 
Fri 16th Aug 2019 20:09 GMT
Steel Town SHO Shakir Ali told Dawn that the owner of the farmhouse had several crocodiles in ponds at the facility near Gulshan-i-Hadeed. On Thursday, a wall of the farmhouse fell due to heavy [see full report]

Live updates as Turkish company Ataer Holding enters ... 
Fri 16th Aug 2019 18:04 GMT
The company is the largest stakeholder of Turkish steelmaker Erdemir. According to Sky News, OYAK general manager Suleyman Savas Erdem said: We have achieved one of the biggest achievements of [see full report]

British Steel workers hope jobs safe as buyer found in ... 
Fri 16th Aug 2019 15:14 GMT
Ataer owns part of major Turkish steel producer Erdemir. READ MORE: Could the UK nationalise British Steel after its collapse Fears had been growing that a buyer would only take over part of [see full report]

Russia: Mechel hopes for another debt postponement 
Fri 16th Aug 2019 10:51 GMT
Mechel intends to reach agreements with its main creditors to postpone debt-clearing time. In 2016 the company agreed with the state banks and restructured the larger part of its debt, having postponed payments to 2020-2022. The company has started new talks with its creditors believing that the current cash flow will not be [see full report]

Russia: ChMZ starts processing uranium wastes 
Fri 16th Aug 2019 10:49 GMT
Chepets Mechanical Works has started trial work to process wastes originated when the company produced uranium tetraftorid. This is the first project in Russia to process uranium tailings bottom sediment. The uranium tetraftorid manufacture (the first stage of uranium conversion) was shut down in 2013. Research showed that the company could now produce [see full report]

Turkish bidder Ataer steps buys British Steel out of ... 
Fri 16th Aug 2019 05:41 GMT
Ataer is an arm of Oyak, Turkeys military pension fund, and also owns nearly about 49 per cent of Turkeys biggest steel group, Erdemir. A deal that is under negotiation over the next couple [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of Middle East DRI plants
Middle East DRI 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