Insight
Brazil's Usiminas closes two blast furnaces, lowering coal demand
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Brazil’s Usiminas plans to idle hot metal production at two of its five operating blast furnaces due to poor market conditions. The company will close the No. 1 blast furnace at Cubatao and the No. 1 furnace at Ipatinga within the next few weeks, which is expected to reduce hot metal production by a total of 120,000 tonnes per month. Taking into account the use of petcoke for about 25% of their blends, we estimate this action will lower coal demand by 772,000 tpa.
Table of contents
- Implications
- Conclusions
Tables and charts
This report includes the following images and tables:
- Coal demand loss due to BF closures
What's included
This report contains:
Other reports you may be interested in
Asset Report
Zhenshi Gebe (Fajar Bhakti) (closed nickel operation)
Cost analysis of the Zhenshi Gebe NPI plant in Indonesia
$2,250
Asset Report
Yantai copper refinery
A detailed analysis of the Yantai Penghui copper refinery.
$2,250
Asset Report
Mikkaichi (Electrothermic) zinc smelter
A detailed analysis of the Mikkaichi (Electrothermic) zinc smelter.
$2,250
