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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


red hot slab

China Develops 10MW Permanent Magnet Generator For Offshore ... 
Fri 23rd Aug 2019 01:02 GMT
The generator will be installed at a wind farm in Xinghua Bay, east China's Fujian [see full report]

Top 10 quotes from IABr's 30th Brazilian steel congress 
Thu 22nd Aug 2019 16:39 GMT
Industry decision-makers, analysts, academics and current and former government officials came together in Brasilia this week for Brazil's 30th steel congress to discuss the challenges faced by [see full report]

Brazil's Telecommunication Agency Plans to Approve AT&T-Time ... 
Thu 22nd Aug 2019 09:57 GMT
He was at Anatel this week and published photos with the advisers. Brazil's President Jair Bolsonaro attends the Brazilian Steel Conference in Brasilia, Brazil August 21, 2019. [see full report]

Column: Iron ore's balloon is popped, but prices may ... 
Thu 22nd Aug 2019 07:29 GMT
Its also worth noting that the steel-making ingredient is now only just above the $75.50 a tonne close on Jan. 24, the day before a tailings dam disaster at a mine operated by Brazils [see full report]

China iron ore bounces back in late trade as selloff ... 
Thu 22nd Aug 2019 03:16 GMT
Steel output curbs in China and ongoing trade This follows a move by the top steelmaking city of Tangshan, also in Hebei, to deepen production cuts over a four-day period ending [see full report]

Brazil president Jair Bolsonaro blames NGOs for setting ... 
Wed 21st Aug 2019 22:54 GMT
Speaking at a steel industry congress in Brasilia To bring problems to Brazil. He was also quoted as stating: Crime exists. These people are missing the money. When pressed [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of European BOF plants
European BOF 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