Iron and steel sector capex costs - hot strip mill.
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Capital Investment Costs - hot strip mill

Typical capex investment costs

Hot strip mill investment cost summary
ParameterValue
Average capacity2930 kt
Average cost 2018US $ 506 million
Average cost per tonne capacityUS $ 187 / tonne
Sample size9 records

Capital investment cost figures compiled by Metals Consulting International, based on investments by Shougang Group at Qian-an Works in China; by Xinjiang Bayi Iron and Steel at Urumqi in China; by JSW Steel at Karnataka in India; by Arcelor Mittal at Krakow Steelworks in Poland; by Borcelik at Gemlik Works in Turkey; and other recent modernisations. Figures shown above refer to tandem hot strip mills, not Steckel mill, plate mills or other production units.

MCI capital cost database holds capex cost data for following production units and processes. Front end: sinter, coke making, DRI, blast furnaces, BOF, EAF, induction furnaces, continuous casting. Flat: plate, hot rolled coil, cold rolled coil, hot dip galvanised sheet, tinplate, organic coated sheet. Long: heavy sections, rail, steel bar, rod, wire. Also welded pipe, seamless tube. Also pellet plant, coal washing plant, lime plant, PCI, pig iron desulphurization. Dbase also includes BF relines, ladle furnaces, vacuum degassing, air separation units, power plants, slitting lines, pickling plant, waste water treatment plant, acid regeneration plants.

Further detail is available for purchase from MCI. This includes cost versus capacity charts priced at $100 each and individual capex cost records priced at $20 each. For enquiries please contact support@steelonthenet.com or call +44 775-149-0885. For further information about our database, see steel industry capital investment costs page.