CORPORATE NEWS
Brazil miner Vale gets approval to buy 3 wind farms in ... Tue 15th Jan 2019 14:02 GMTIron ore miner Vale SA has won approval from Brazil's antitrust Salus is controlled by the Mrio Araripe Group, owner of wind farm developer Casa [
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Mnangagwa's plan to revive Bulawayo falters Sun 13th Jan 2019 14:38 GMTThe National Railways of Zimbabwe (NRZ), the Cold Storage Company (CSC), Merlin, Paramount Garments and the Zimbabwe Iron and Steel Company (Zisco) were among companies that were targeted [
see full report]
Brazil's Steelworkers Bracing for Anti-Union Push by ... Fri 11th Jan 2019 06:03 GMTBut the sector wont mount a significant comeback until stalled private and public construction projects are advanced, said Marco Polo de Mello Lopes, president of Brazils Steel Institute, or [
see full report]
INDUSTRY NEWS
Russia: UEM commissions new crane Tue 15th Jan 2019 10:50 GMTUralelectromed has put into operation a new stationary crane manipulator produced by Velmash. In just a week the machine has already processed over 200 tons of non-ferrous scrap. The new hydraulic manipulator has replaced an outdated one. The investments in the machine totaled 2.2 million rubles [
read more]
Indian steel export strategy getting increasingly diversified: ... Mon 14th Jan 2019 12:31 GMTThe Dispute Settlement Body of WTO has literally lost its relevance, although India has approached it for finding a solution to the unilateral announcement of duty hike on steel and aluminium by [
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Donald Trump is willing to play 'hardball' with Ankara ... Mon 14th Jan 2019 10:05 GMTMr Brunson was released in October 2018 after spending two years in jail mainly because the US vowed to lift crippling sanctions on two Turkish ministers and increased tariffs on Turkish steel [
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Shanghai rebar at 2-month high on restocking; iron ore ... Mon 14th Jan 2019 00:00 GMTOther steel-making ingredients extended gains as had notified some miners in major coal hubs of Shandong, Henan and northeastern regions to halt operation for inspections that [
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Taiyuan Iron and Steel develops 0.02mm steel sheet Sun 13th Jan 2019 20:50 GMTCurrently, the company churns out 24,000 tonnes of such steel, which has been exported to the United States, Germany, Brazil [
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SELECTED STEEL INDUSTRY MAPS
European BOF plants
For other steel location maps, visit our Steel Maps page.
STEEL PLANT 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 2019
Table below shows global crude steel output volumes and capacity figures - as assessed by World Steel Association and by the OECD to 2019 - and resulting calculation of steelmaking capacity utilisation. The overall picture for 2019 as compared to 2018 is that of a tiny reduction in the global capacity utilisation at crude steel level, from 77.2% to 77.1%.
Year
Production
million t
Capacity
million t
Capacity
Utilisation
OTHER USEFUL METAL INDUSTRY WEBSITES
Why not check out the following websites for the latest steel market and steelmaking raw material news reports?
Steel Guru at www.steelguru.com
SteelOrbis at www.steelorbis.com
