Global Steel Production Costs

Written By Ferth Manaysay

This report by TransitionZero and Global Efficiency Intelligence presents a study on steel production costs in major steel producing countries around the world. The analysis is carried out both at the country-level and plant-level, and showcases yearly production costs between 2019 to 2021, broken down by the major cost components of the steel production: namely raw materials, energy, labor, and “other costs”. In addition to estimating total steel production cost in each country, we have also estimated the steel production cost for both primary steelmaking, using blast furnace and basic oxygen furnace (BF-BOF), and secondary steelmaking using electric arc furnace (EAF), separately.

Resource: Global Steel Production Costs

Author: Badr M'barek, Ali Hasanbeigi, Matthew, Gray, Global Efficiency Intelligence, 2022

Ferth Manaysay
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