Asset Report

Caofeidian steel plant

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Caofeidian is one of the most modern steel plants within China and commenced in 2009. Despite this, Caofeidian had many issues during its ramp-up and has struggled to operate profitably. This has partly been due to the owner's lack of experience in operating large 5,500 cubic metre blast furnaces. The plant is also highly dependent on the seaborne supply of raw materials. However, the plant's operating costs are improving and we expect them to fall further over time as efficiency improves and raw material prices decline.

Table of contents

  • Capital Cost
  • Operating cash costs

Tables and charts

This report includes 4 images and tables including:

  • Total operating cash costs-Finished steel

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    Caofeidian steel plant

    PDF 973.35 KB