USIMINAS Tokyo, 16 th and 17 th of July

Transcription

1 USIMINAS 2012 Tokyo, 16 th and 17 th of July

2 USIMINAS IN BRAZIL IN 2007, USIMINAS, THE MAJOR PLAYER OF THE BRAZILIAN FLAT STEEL, MARKET WAS RESPONSIBLE FOR 26% OF THE COUNTRY S CRUDE STEEL PRODUCTION AND IT WAS. BRAZILIAN CRUDE STEEL PRODUCTION BRAZILIAN FLAT STEEL MARKET 33,8 Mty in 2007 Flat & Long Steel Producers 11,7 Mty in 2007 Flat Steel Producers Usiminas 26% Usiminas 51% Others 49% Others 74% USIMINAS FINISHED PRODUCTS PORTFOLIO: HEAVY PLATES, HOT AND COLD ROLLED COILS & SHEETS, ELECTROGALVANIZED & HOT DIP GALVANIZED PRODUCTS. 2

3 BREAKDOWN OF USIMINAS DOMESTIC MARKET SHARE USIMINAS IS THE MARKET LEADER, WITH AN OUTSTANDING SHARE IN THE HIGH ADDED VALUE SEGMENTS. DOMESTIC MARKET SHARE BY SEGMENT IN 2007 (%) SHIPBUILDING SHAPES INDUSTRIAL PIPES 88 ELECTRIC & ELECTRONIC 73 AUTO-PARTS OEMs DISTRIBUTION 44 TOTAL: 51% 51% SMALL DIAMETER TUBES CONSTRUCTION HOME APPLIANCES

4 USIMINAS PLANTS BAHIA Belo Horizonte Usiminas Headquarters MINAS GERAIS Ipatinga Usiminas Itabira CVRD NEW SITE! 7 Km from Ipatinga ESPÍRITO SANTO Port of Praia Mole Vitória SÃO PAULO RIO DE JANEIRO RAILROAD HIGHWAY São Paulo Cosipa Santos Cubatão Sepetiba Port Rio de Janeiro ATLANTIC OCEAN State Plant Steel Capacity SÃO PAULO: 1 Cubatão - José Bonifácio Mill 4,65 Mty MINAS GERAIS: 2 Ipatinga - Intendente Câmara Mill 4,60 Mty 3 Santana do Paraíso 5,00 Mty 14,25 Mty NEW SITE!

5 MAJOR INVESTMENTS IN THE PERIOD INVESTMENT PLAN BUDGET = US$ 14.1 billion STEEL MILLS STEEL CHAIN Production 1 Cubatão 2 Ipatinga 3 Santana do 4 Mining 5 José Bonifácio Mill Intendente Câmara Mill Paraíso Steel Production: thousand t/year (ongoing) Steel Production: 5 Mty Iron Ore Production: Increase to 29 Mty, from 5 Mty Logistics Portfolio Improvement New Hot Strip Mill Mty Hot Rolled Products: thousand t/year Heavy Plates: thousand t/year Concentration & Pellets HDG (Unigal II): thousand t/year Others (mainly Cost Reduction) New Power Plant of New Power Plant of Power plant of 75 MW 60 MW 250 MW Top Blowing Turbine Acquisition of a (12 MW) New Coke Plant property in Sepetiba s Technical updating & (750 kt/year) Bay (RJ) & environmental investments in a Technical updating & protection program shipping terminal environmental Dredging of José Bonifácio Mill s Port protection programs Canal US$ 2.4 billion US$ 1.2 billion US$ 6.1 billion* US$ 3.5 billion** US$ 0,9 billion * Including Power Plant ** Including acquisition 5

6 TIME SCALE OF THE MAJOR INVESTMENTS Plant IPATINGA New Power Plant # 3 Coke Oven Plant Continuos Casting Machine revamp Expansion of the Plate Mill (New Stand Rougher mill) New Accelerated Cooling System Ultra Sonic Plate Mill Tandem Cold Mill revamp New Galvanizing Line (Unigal II) Slabs re-heating furnace # 2 Coke oven Plant revamp Vertical mill in the HSM CUBATÃO Modernization of a continuous casting machine # 1 Blast Furnace revamp Top Blowing Turbine Dredging of Jose Bonifácio mill s Port Canal New Hot Strip Mill Phase 1: 2,3 Mt New Power Plant SANTANA PARAÍSO New Steel Shop Phase1: 2,5 Mt of crude steel/year Coke Oven Plant Blast Furnace Power Plant (250 MW) Sintering Plant New Steel Shop Phase 2: total of 5,0 Mt of crude steel/year MINING SHIPPING TERMINAL Increase to 29 million tons of iron ore (5 millions tons in 2008). Investments in concentrations and pellet plant Acquisition of a property in Sepetiba s Bay and investment in a shipping terminal 6

7 USIMINAS SALES FORECAST IN 2007, USIMINAS SOLD 7.3 MILLION TONS OF FINISHED PRODUCTS, BOTH TO THE DOMESTIC AND EXPORT MARKETS. IN THE NEAR FUTURE, IT WILL BE SELLING ~9 MILLION AND, IN THE MEDIUM TERM, 9.5~10 MILLION TONS/YEAR. CONSIDERING THE SEMI-FINISHED PRODUCT - SLABS, THAT TOTAL WILL GO TO ~ 14 Mty. SALES OF FINISHED PRODUCTS TOTAL SALES Mt 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1, HDG EG CRC HRC Heavy Plates Thousand tons Product Heavy Plates HRC CRC Galvanized EG HDG Sub-total Slabs Total

8 IMPORTANT INVESTMENTS FOCUS ON HEAVY INDUSTRIES AFTER THE NEW STEEL SHOP, THE NEW HOT STRIP MILL START UP AND THE ACCELERATED COOLING SYSTEM INSTALLMENT, THE COMPANY WILL BE PREPARED TO SUPPLY ADVANCED AND NEW TYPES OF STEEL GRADES. Drivers Portfolio of Steel Families HEAVY PLATES Increasing requirements of high technological content products. Increasing use of TMCP (Thermomechanical Control Process) e AC (Accelerated Cooling) in plate production. Expansion of dimensional ranges, flatness tolerances and superficial and inner quality improvements. Technical changes of standards and greater severity regarding specification criteria. Global projects dispute, with a higher number of technologically capable players. API, including grades > X80 BOILER & PRESSURE VESSEL STRUCTURAL (low, medium & high resistance) LONGITUDINAL GIRDERS (high & ultra-high resistance). MEDIUM & HIGH CARBON (SAE 1050 ~ 1080) SHIPBUILDING/OFF SHORE PLATAFORM (low, medium & high resistance) QUENCHED & TEMPERED HOT ROLLED COILS Increasing requirements of high technological content products. Increase of thick coil usage (hot rolled) in substitution of heavy plates in Helical / ERW pipes. Industrial segment high growth rates API (<= X46, X52~X80, CASING) DUAL PHASE - DP DRAWING STRUCTURAL (low, high & corrosion resistance) HSLA LONGITUDINAL GIRDERS (low & ultra-high resistance) MEDIUM & HIGH CARBON (SAE 1050 ~ 1080) SHIPBUILDING/OFF SHORE PLATAFORM (low, medium & high resistance) STEEL FOR QUENCH PURPOSES WHEELS EXTRA-THIN 8

9 FINAL MESSAGES USIMINAS will expand and speed along its investment plan. It will be US$ 14.1 Billion in the period of Through organic growth, expansion of product portfolio and higher added value steel grades, the new investment cycle focus both on consolidating its domestic market leadership and also on creating solid bases for future internationalization movements. USIMINAS believes in the Brazilian industry segment growth potential, specially in Petrobras, and that has driven a significant part of our investment plan. Brazil has shown structural economic stability and USIMINAS believes in the country s growth and in the improvement of the Brazilian industry s competitiveness. The investment cycle will play a great role in USIMINAS future. However, besides all the hardware, partnership with our major customers will be the most important part. Therefore, USIMINAS encourages the relationship improvement in the steel supply chain and will continue to pursue it as one of its main drivers of success. 9