Steel Products Prices North America
February 8, 2016
The Theoretical Marginal Cost to Produce Steel
Written by John Packard
We were reminded recently of an article we produced on February 24, 2015 regarding our theoretical marginal cost of Steel Making (cost will vary by mill and not included in our formula is any adjustment for running at less than 70 percent capacity levels, SA&G are not included, etc.). We were asked if we could update the graphic used, which is the same graphic our metallurgist uses during our Steel 101 workshop. Here is a copy of the graphic used in that article:
