Asset Report

Dangjin (BOF) steel plant

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09 August 2021

Dangjin (BOF) steel plant

Report summary

Hyundai Steel's integrated plant at Dangjin includes 3 blast furnaces, coke plants, sinter plants, heavy plate mill and HRC mill. It has annual hot metal capacity of 12 million tonnes. Hyundai Steel broke ground on the integrated BOF steel mill in October 2006. The new site had a planned cost of US$5.39 billion but in the end cost US$9.12 billion, including harbour facilities. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.

Table of contents

  • Summary
  • Key issues
  • Iron ore
  • Coal
  • Metallics
  • Energy
  • Capital costs
  • Operating cash costs

Tables and charts

This report includes 11 images and tables including:

  • Detailed map
  • Participation
  • Steel plant overview
  • Key raw materials rates
  • Downstream products
  • Finished steel production
  • Production table (Mt)
  • Capital costs
  • Total operating cash costs - Finished steel
  • Operating cash costs table

What's included

This report contains:

  • Document

    Dangjin (BOF).xls

    XLS 330.50 KB

  • Document

    Dangjin (BOF) steel plant

    PDF 820.07 KB