You may be interested to know that you can find preliminary IISI iron and crude steel production statistics for 2007 by country on the Japan Iron and Steel Federation Website. These statistics aren’t available on the IISI website and aren’t usually published in the IISI Steel Statistical Yearbook until July.
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Below is a presentation I made recently at the SMA Board of Directors meeting in Florida. It deals with the issue of organizational size in today’s steel industry and asks some questions (more than providing any answers) about how the structure of steel organizations will change as they deal with much different dimensions of scale and scope. It also contains some provocative “Zipfian” statistical analysis of industry structure that raises questions as to how consolidation might proceed both in the US and globally.
In the end, there is no argument for or against big or small organizations here. Mittal after all was producing less than 500KT 20 years ago. But in the future, our industry will be populated by much larger organizations than it is today. Organizational innovation is going to be vital to the strategic health of any company of any size that wants to remain successful and independent. Click on the presentation’s ‘Menu’ button (lower right) to see a larger view.
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This link will take you to the Ohio EPA page for New Steel International, the working title of MMK’s proposed steel mill investment in Haverhill or Franklin, OH. Deep in the detail you will see estimates of the facility size. It’s not clear exactly how big the facility will be. The plan is to build the finishing end first (cold rolling capacity of 6,000 tons/day) followed by the meltshop (casting capacity of 12,000 tons/day). New Steel International is the name of the consulting company which filed the application on MMK’s behalf.
It sounds like the 1.5MT for the plant refers only to the finishing end. If the front end gets built it will be substantially larger. Comments relating to the Sun Coke Energy coke plant nearby seem to refer to the fact that the plant intends some form of iron making facility in addition to steel production. Anyone with any more info, please sign in and add below.
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CVRD, the largest producer of iron ore in the world, has just reached an agreement with some of the major Asian steel producers to increase 2008 benchmark iron ore prices by 65% to 71%. A typical integrated steel maker uses roughly 1.4 short tons of iron ore pellets to produce a short ton of hot rolled coil. So, a 65% increase in the price of ore translates into a $60 per ton increase in steel manufacturing costs.
If you want to understand steel industry manufacturing costs in more detail ask a nerd by clicking on one of our profiles and sending us an e-mail.
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For those of you who are following US long products imports, December actual import figures have now been published, and are almost 30,000 short tons less than November imports, confirming low import licenses collected for the month. You can view the updated data from my earlier post related to January import licenses.
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