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Goals
Goals
Maximize steel output and minimize coke fuel consumption in the simplest, most cost-effective way possible.
Flexible continuous casting to easily change rollers to create different billets, blooms or slabs that can be finished into anything.
Eliminate carbon monoxide CO and other noxious gases from emissions. Eliminating toxic fumes paramount for environmental and worker safety.
Mills will generate enough electrical power to be 100% self-sufficient.
Capture waste gases to create by-products like gypsum, etc.
America doesn't need more regulations. We need a completely new integrated steel company that can produce steel on a large scale from domestic raw materials including iron ore, coal and limestone.
40 Million Tonnes Increased Production
40 Million Tonnes Increased Production
Stand up eight 6000 cubic meter blast furnaces that will each produce 5 million tons of steel annually. Equates to 40 million tons produced domestically in the US each year. This will lower steel prices significantly.
Business Segments
Business Segments
Ironmaking (blast furnaces)
Steelmaking (basic oxygen furnaces)
Rolling mills (hot and cold)
Semi-finished goods (slabs, billets, etc.)
Finished goods (coils, plates, beams, rails, rebar, vehicle parts, etc.)
Power generation (recycling waste gas)
Profitability Forecast
Profitability Forecast
Due to high steel prices in the US, Pig Iron Group is poised to be highly profitable in the near term and moderately profitable long-term.
Assumptions
Assumptions
Blast furnace volume: 6,000 m³ (large modern furnace)
Annual steel output: 5.5 million tons
Steel selling price: $950/ton
Depreciation: Assume straight-line over 20 years
On $8 billion CapEx → $400 million/year
$400M ÷ 5M tons = $80/ton
Cost Breakdown Per Ton of Steel
Cost Breakdown Per Ton of Steel
Annual Profit (per furnace)
Annual Profit (per furnace)
$447 × 5.5 million tons = $2.46 billion/year
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