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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


coal miner

Trump's New Metal Tariffs Spark Criticism 
Mon 21st Oct 2019 11:29 GMT
They are Argentina, Australia, Brazil, Canada, Mexico He says he repeatedly explained that steel and aluminum products exported from Japan do not have any negative impact on US [see full report]

Russia: Metalloinvest to return 10 billion rubles in ... 
Mon 21st Oct 2019 10:49 GMT
Metalloinvest will redeem its BO-01 bonds with the volume of 10 billion rubles earlier than necessary. The redemption will take place on October 29. The company issued bonds in November 2015 with the interest rate of 11.85% and the maturity rate of 10 years. [see full report]

Turkeys Oyak Wants British Steels Supply Contracts Revised 
Mon 21st Oct 2019 10:16 GMT
Chinas Jingye Group expressed interest in acquiring British Steel, Sky News reported earlier this month. Oyaks Ataer unit is the biggest shareholder of Turkeys top steelmaker Eregli Demir ve [see full report]

Top 75 Family Business Leaders 2019: Europe 
Mon 21st Oct 2019 02:33 GMT
As head of corporate social responsibility since 2007, Antolin opened the first training school for direct relatives of plant employees in Brazil in 2009. In 2016 with Robert tipped to be [see full report]

Charcoal Market Poised to Capture $6,566.5 Million by ... 
Mon 21st Oct 2019 01:21 GMT
In addition, steel production in Brazil has witnessed an increase, owing to which the demand for charcoal has risen as well. With the development of the construction industry in the country, [see full report]

Turkish steel associations express optimism at Kallanish ... 
Mon 21st Oct 2019 01:00 GMT
Turkeys major steel associations expressed their optimism over an improvement in Turkish steel demand after 2020 at last xxx Flat Steel Conference in Istanbul. Turkish Steel Exporters Association (CIB) board member Asiye Ay said Turkey, with its growing exports this year, was the sixth-largest steel exporter in the world in the first half [see full report]


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SELECTED STEEL INDUSTRY MAPS


Map of European SBQ plants
European SBQ 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