Country Report
Global steel cost summary
Report summary
2019 was a mixed and volatile year for raw materials prices and, consequently, steel making costs. For the year as a whole, iron ore prices will be up 33%, hard-coking coal prices down 12%, and scrap prices up in China but down elsewhere. The overall result is the global average cash cost for finished steel decreasing by 1.1% in 2019. Margins are also set to record the first year-on-year decrease since 2016 as anaemic demand worldwide took its toll on prices, which deteriorated faster than costs.
Table of contents
- Asia Pacific
- Americas
- EMEARC
- Sinter
- Coke
- Pellet
- Iron production
- Crude steel production
- Raw materials pricing
-
Average country costs
- BOF cash costs
- EAF cash costs
- Outlook for cash costs
Tables and charts
This report includes 8 images and tables including:
- Asia Pacific steel plant coverage
- Americas steel plant coverage
- EMEARC steel plant coverage
- Raw materials price outlook
- 2019 weighted average finished steel cash cost by country - BOF
- 2019 weighted average finished steel cash cost by country - EAF
- 2019 cash negative costed production
- 2019 weighted average operating margin and finished steel cash cost by country
What's included
This report contains:
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