2 - Steel Tank Institute
Transcription
2 - Steel Tank Institute
Global Opportunities for Growth : Viewpoint of a Specialty p y Plate Producer February 2010 Summary • Industeel within ArcelorMittal • Forecasts • Focus on future developments 1 Industeel within ArcelorMittal 2 ArcelorMittal leading g the steel industry y Sales in 2009 9M (US$ billion)* Crude Steel production in 2009 9M (MT) Em erging dom es tic 31% 60 EU-15 37% 50 40 ROW Asia 30 Export to em erging 14% % 20 10 0 ArcelorMittal Hebei Iron & Steel Group Baosteel Posco JFE US & Canada 18% 7% Nippon Steel 24% 16% EU15 Rest EU (EU27) Other European countries 287,000* employees in more than 60 countries North America South America 9% Asia 15% Africa 12% 3 Industeel/Coatesville within ArcelorMittal 4 Industeel : a long g history… y June 2007 Usine Schneider Marrel Frères Le Creusot 1836 Châteuneuf 1865 1998 2000 2002 2006 • a history of providing quality products • a capacity for Research and Development • one same team (commercial and technical) Fabrique de Fer Charleroi 1863 the widest range of special plates products for a better service to your projects INDUSTEEL SPECIAL STEEL SOLUTIONS 5 Industeel : 3 Production plants Brussels Charleroi Industeel Belgium g Paris Le Creusot Industeel Creusot + Research Center More than 40 agencies Worldwide Turnover 2008 1.5 billion Euros. LYON Chateauneuf & Euroform Industeel Loire Industeel 6 Industeel : Product overview Stainless & Clad steels Moulds & Tools steels Austenitic, ferritic, H. Resist. Uranus® duplex, superduplex Carbon + stainless clad Superplast ® 300 - 400 Tenasteel ® Cryogenic y g steels Cryelso® 9% Ni, 5% Ni, Cryelso® 36% Ni Pressure Vessel & Structural steels Wear resistant steels Fora 360 - 400 – 450 Creusabro ® 4800 - 8000 High Strength steels Cromelso ® Cr Mo, CrMoV CMn HIC, HIC 3,5%Ni 3 5%Ni Carelso ® 690 – 960 Q - Jack up rigs Protection steels Superelso ® 500 Superelso ® 690CR Mars ® 190 – 240 - 300 7 Industeel : Markets PROJECTS 65% DISTRIBUTION 35% 2008 sales volumes construction process 6% 6% others 8% oil & gas 30% assembly industry 14% industrial abrasion 15% chemistry petrochemistry 21% • Geographical split: 44% Europe, 25% Asia, 19% North America, 12% Others 8 Forecasts 9 The economy in 2009 – tough times times… 10 2010 : things g are looking g better? Oxford Economics Forecast Dec 08 12 G ro w th ra te % 10 8 GDP world GDP europe GDP china 6 4 2 0 -2 -4 2008 2008 2008 2008 2009 2009 2009 2009 2010 2010 2010 2010 1 2 3 4 1 2 3 4 1 2 3 4 Q t Quarter 11 2010 global growth lifted by emerging markets But annualised Quarterly OECD growth weaker in H1’10 than H2’09 12 ArcelorMittal production is on the up… ArcelorMittal quarterly crude steel production (million tonnes) 35 Estimated crude steel production 30 25 Realised crude steel production 20 15 10 5 09 20 09 4 Q Q 3 20 20 09 09 2 Q Q 1 20 20 08 08 4 Q Q 3 20 20 08 08 2 Q Q 1 20 20 07 07 4 Q Q 3 20 20 07 07 2 Q 1 Q Q 4 20 20 06 06 20 06 3 Q 2 Q Q 1 20 20 06 0 13 Stainless Steel plate production is expected to increase 1200 1100 1000 900 800 700 economic downturn strong investments economic downturn 600 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 500 2000 kT Industeel estimate , Quarto only 14 Steel Pricing has stabilised stabilised… 300 280 260 240 220 200 180 160 140 120 100 80 Carbon Steel Stainless Forecast Forecast m-10 0 j-10 s-09 9 m-09 j-09 s-08 8 m-08 j-08 s-07 7 m-07 j-07 s-06 m-06 6 j-06 s-05 5 m-05 j-05 A pril 1994 = 100 Source: CRU Monitor indexes 15 Exchange g rates remain volatile… 16 What about the markets? 17 Focus on Future Developments 18 Capture growth in key emerging markets ArcelorMittal key emerging markets currently targeted for growth 19 Oil & Gas 20 Brent crude oil Heading towards 80$ 21 Oil & Gas projects : example of jjack-up rigs g 90 140 No. of Jack-ups 80 Forecast (*) Brent price ($/bbll) 120 100 60 50 80 40 60 30 $//baril Nbre d de jack-up 70 40 20 20 10 Phase 1 Offshore booming High Oil prices were driven by decisive Cuts in OPEC production pushing demand for exploration and production assets Phase 2 In the doldrums Non OPEC production growth Oil prices drifted between $10-25 per barrel Offshore drilling rigs yielded very low returns Phase 3 Peak Energy gy Growth in world increased Consumption of Oil increased from 66 to 85 mill bbl per day and Oil price reach $65 per barrel Energy supply chain nearly disintegrated due to 15 yyears of neglect g (*) Base case based on new jack-ups likely to be built to replace the oldest Phase 4 The Future 2013 2011 2009 2007 2005 2003 2001 1999 1997 1995 1993 1991 1989 1987 1985 1983 1981 1979 1977 1975 1973 1971 1969 1967 0 1965 0 2012 Strong structural growth in Asia should lead to continued strong world macro-economics. Offshore rigs should continue to enjoy relatively strong markets in the yyears to come given g our assumption of firm energy markets over the next few years. 22 Development of LNG trade 23 source: International Energy Agency LNG projects in developing countries Oil and Gas Customers and Linepipe Suppliers meeting April 6, 2009 24 24 Strong development of CRA linepipe (solid, clad) Global line pipe construction forecast 2007 to 2010 Corrosion Resistant Alloys (CRA) line pipes all sizes All grades and sizes CRA HICRS SCS 1600 1400 120 Am 100 Afr. Asia 1200 80 1000 kilo tons kilo tons EU 800 600 ME Russ 60 40 400 20 200 0 0 2007 2008 2009 year 2010 2007 2008 2009 year 2010 25 Source: EEW 9%Ni for conventional LNG tanks (Industeel data – 9%Ni for LNG storage tanks) 26 New Developments p - FLNG • Floating LNG facility, "new" concept to better exploit gas resources Shell concept (vessel is 400m+ long) 27 Refining g – New developments p 28 GTL/CTL principles gasifier ifi ffurnace (syngas) ( ) 29 source: SASOL Biofuels Brazil Chin a China Bioethanol in the USA, USA Brazil , EU Biodiesel mostly european 30 31 Power Plants outlook • 1000 MW of power generation capacity p y construction every y 3 days y ((1 nuclear reactor equivalent) • coal (direct firing) and gas (combined cycle, heat from gas turbine exhaust) h have th the lilion’s ’ share h off new constructions Coal power plant is 50% of new capacity 32 Power plant : Coal 33 Power Plant - Nuclear New reactors planned (cumulative) • Revamping and new building nuclear reactors will almost double every 5 years. 336 228 103 66 30 2005/2009 2010/2014 2015/2019 2020/2024 2025/2028 Source : World Nuclear Status Report 2007 34 New nuclear reactors worldwide 35 With new nuclear technologies New Reactor Designs AP600,1000 36 Special Stainless for Potable Water These Monovar valves for New York City Water use 4’’ to 5’’ 17-4-PH plates Courtesy of GRISS SAPAG 37 Stainless : development of Duplex Yield Stren Y ngth 2507 2205 2202 2304 6Mo 904L 304L 316L Corrosion Resistance 38 Flue Gas Cleaning – W t Scrubbers Wet S bb in i D Duplex l and dS Superduplex d l •Duplex supplied for 40 scrubbers in US FGD market since 2002 39 Desalination market Western Europe South Asia North America Middle East & North Africa Latin America & Caribbean East Europe & C t l Asia Central A i East Asia & Pacific Sub-Saharan Af i Africa • strong capacity increase in Middle East and North Africa • potential increase in Asia after 2010 40 Source: GWR 2007 Desalination : Use of Special Stainless Steels LOCATION TRADITIONAL MATERIAL OPTIMIZED MATERIAL Water intake + grids Concrete/carbon steel UR45 N+/ 47N+/52 N+ Feed water pipes Coated Carbon steel UR47 N+/52 N+ Brine heaters Titanium, CuNi URB66 ? Condensers CuNi Titanium CuNi, 6 Mo or UR47 N+/52 N+ Flash chambers 316L UR 45 N Internals 316L Ti UR 45N/UR 47 N+ Supporting frames Coated CS UR 35N 41 Geothermal • DRY STEAM power plants Oldest type , simple ,economic But few sites available • FLASH STEAM power plants Use water above 180°C Steam produced as pressure drops Most common type today in active geothermal areas • BINARY CYCLE Use water from 105°C to 180°C Heat transferred to low boiling g fluid Can be used in less active areas 42 Geothermal In active areas, corrosion and scaling is a big issue regarding materials STAINLESS or CLAD pipes , stainless vessels Replaced with 2507 43 Tidal Energy NEW INVESTMENTS ? Limited number of sites for big tidal projects HIGH INVESTMENTS COSTS VISIBILE IMPACT on landscape Possibly associated with infrastructures ( car , rail bridges …) OTHER OPTIONS ? Tid l energy ffarms Tidal Similar to windmills Small unit cost Invisible 44 Solar Energy Solar reflectors CR stainless 1 solar tower concrete 2 concentrator stainless, CRA 3 steam vessels, vessels pipes stainless ( 347H) 11MW Solucar plant 4 turbines Sevilla,Spain 45 Wind Energy 85% off towers t are made d off steel t l but b t concrete/ t / composite it towers t are gaining acceptance Tower systems y Steel tube Prefab concrete tube In-situ concrete tube Hybrid Steel/Concrete Steel Lattice Steel 60m Concrete 35m Vestas (DK), Gamesa (ES), Enercon (DE), Enercon (DE) … Enercon (DE) … ATS (NL), … SeeBA (DE), Airwerk (DE), Tower Tec (DE) 46 Architecture : Bridges, Structures Footbridge Piove Di Sacco Bridge Stainless steel swimming pool 47 Architecture : Buildings Fondation Louis Vuitton project Abu Dhabi museum project Le Mt St Michel barrage Les Bons Enfants The Spire of Dublin 48 Architecture : Monuments To Those Brave Men Omaha Beach, Normandy Duplex UR 2205 / 316L 49 INDUSTEEL the widest range of special plates products f a better for b tt service i to t your projects j t 50