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