Asset Report

Shagang (EAF) steel plant

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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:

  • Document

    Shagang (EAF).xls

    XLS 263.50 KB

  • Document

    Shagang (EAF) steel plant

    PDF 1.27 MB