Global Steel Cost Tracker

Open data for estimating plant-level steel production costs

What is GSCT?

The Global Steel Cost Tracker (GSCT) is an open data product that estimates the plant-level steel production costs of blast furnace (BF), basic oxygen furnace (BOF) and electric arc furnace (EAF) production routes representing around 90% of global production. The cost estimates are broken down by raw materials, energy, labour, and other costs.

GSCT is based on a methodology report by TransitionZero and a database of steel plants developed by the Global Energy Monitor (GEM). GSCT can be used to: compare and contrast production costs by route and region; support steel sector decarbonisation modelling and analysis; inform procurement and risk management decisions.

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Asset-level estimates of steel plant production costs globally. Updated March 2022.

Read our methodology paper.

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