Asset Report
Shagang (EAF) steel plant
Report summary
Shagang (EAF) is the largest ferrous scrap consumer in China. It has six electric arc furnaces with a crude steel capacity of 6 Mtpa. The EAF plant consumes an estimated 2.0 Mtpa of obsolete scrap. Around 60% of the obsolete scrap is sourced from the seaborne market, mainly from United States and South Korea, making the plant China's largest scrap importer. However, the plant has a relatively low scrap-to-steel ratio as it tends to use hot metal to replace scrap in the furnaces as hot metal is more efficient and economical.
Table of contents
- Capital cost
- Operating cash costs
Tables and charts
This report includes 4 images and tables including:
- Capital Cost
- Total operating cash costs: finished steel
- Operating cash cost table
What's included
This report contains:
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