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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


melt shop steelworker

Tata Steel pips JSW Steel to become top producer of alloy ... 
Thu 18th Apr 2019 01:00 GMT
Tata Steel edged past JSW Steel to be the largest steel producer in India in FY 2018-19 boosted by the acquisition of [see full report]

Steelmaker ArcelorMittal to offer steel for Notre Dame ... 
Thu 18th Apr 2019 01:00 GMT
The company said in a statement that it will offer up steel to repair and rebuild [see full report]

SSAB supplies plate for record UAE bridge 
Thu 18th Apr 2019 01:00 GMT
SSAB Poland-based customer ViaCon has produced the corrugated steel plate used to build a bridge in Ras Al Khaimah, United Arab Emirates. The bridge span, measuring 32.39m, has been designated by the Guinness World Records book as the largest metal buried bridge span. SSABs S500MC steel was used as the basic material to [see full report]

Primetals Technologies replaces level 2 system in the ... 
Thu 18th Apr 2019 01:00 GMT
Since February 2019, a new level 2 process automation system from Primetals Technologies has been in successful operation on the CC8 continuous slab caster in the Linz plant of the Austrian steel producer, voestalpine Stahl GmbH. It replaces an existing system on the casting plant supplied by a third-party in 2018. All the continuous casters in the Linz plant of voestalpine Stahl GmbH now feature the same version of the level 2 system from [see full report]

ArcelorMittal gets EC nod to sell European steel assets ... 
Thu 18th Apr 2019 01:00 GMT
ArcelorMittal announces that it has received European Commission (EC) approval for the sale of several steel-making assets to Liberty House Group, NRI billionaire L N Mittal-led ArcelorMittal said [see full report]

China's King of Debt Has a $35 Billion Fortune, Lots ... 
Thu 18th Apr 2019 00:55 GMT
Hui, who grew up poor in Chinas central Henan province and quit his job at a state-owned steel company in 1992 to try his luck in real estate, has so far managed to push the limits of [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of USA zinc coating lines
USA zinc coating lines

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 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
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
1697
2251
75.4%
2018
1756
2275
77.2%
2019
1773
2299
77.1%
Source: MCI analysis. Table last updated 29-Oct-18.



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