Transport cost advantages - steel production in Africa

Our consultants have just been looking at the economics of iron and steelmaking in Africa. This is an interesting topic because of the various raw material export bans and import tariffs that often come into play.

However, we have also been looking at competitors’ steel transport costs from countries such as Japan, South Korea and India, to ship steel in to East Africa. Currently, this transport cost is around $75/tonne or more, a factor which really transforms the profitability of steel production in Africa.

For further information about the cost competitiveness of steel production in Africa, contact our steel industry economists.

Andrzej M Kotas, MBA

Managing Director

Metals Consulting International Limited

Website: www.steelonthenet.com

Steel price spreads - flat and long products

We now show historic steel prices spreads on our website.

If you are thinking of investing in a billet mill or in rebar production, our scrap-billet or billet-rebar price-spread charts may interest you.

If you are thinking of investing in flat product production, our slab-hot rolled coil and hot rolled–cold rolled coil price spreads may be of interest.

Access to the price spread graphs is free, and all steel charts are updated monthly. Visit http://www.steelonthenet.com/price-spreads.php

With our compliments…

Dr Andrzej M Kotas

Managing Director

Metals Consulting International Limited

Website: www.steelonthenet.com