Investment Cost Summary
| Parameter | Value |
|---|---|
| Average capacity | 920 kt |
| Average cost 2018 | US$485m |
| Average cost per tonne capacity | US$515/t |
| Sample size | 6 records |
Source: MCI research. Data as of 2018.
Capital investment cost figures compiled by Metals Consulting International, based on investments by ArcelorMittal at Contrecoeur Works in Canada; by Hebei Jinxi at Qianxi Works in China; by Evraz at Novokuznetsk works in Russia; by Steel Dynamics Inc at Columbia City in USA; and other recent modernisations. Figures shown above refer to heavy section and rail mills producing H-beams, I-beams and girders, and standard 12m-18m rail.
Our capital cost database holds capex cost data for the following production units. 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 desulphurisation. 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 investment cost information is available for purchase from MCI. This includes cost versus capacity charts priced at US$200 each and individual capex cost records priced at US$25 each. For enquiries please email info@steelonthenet.com or call +44 775 149 0885. For further information about our database, see steel industry capital investment costs page.