Iron & steel industry 2024 investments.
Steel Industry Capital Investments.
Modernisation & capacity expansion projects 2024
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
| Canada | Algoma | Sault Sainte Marie | EAF | 3356 | 557 |
| France | ArcelorMittal | Mardyck | Electrical steel | 200 | 330 |
| India | KIOCL Limited | Mangalore | Coke ovens | 180 | 111 |
| India | Tinplate Company of India | Jamshedpur | Tin plate line | 300 | 243 |
| Mexico | Ternium | Shreveport | Organic coating line | 120 | 98 |
| Turkey | Habas | Aliaga | Bar mill | 1500 | 63 |
| USA | Ternium | Shreveport | Organic coating line | 120 | 98 |
| Uzbekistan | UMP | Bekabad | EAF/thin slab/HRC | 1000 | 770 |
| Vietnam | Hoa Phat Group | Hoa Phat Dung Quat 2 Project | BOF / CC / +++ | 5600 | 3670 |
| USA | Nucor | Crawfordsville | GI & PPGI plants | 270 | 290 |
India's KIOCL was formerly known as the Kudremukh Iron Ore Company Limited.
Environmental impact assessment for Turkey's Habas bar mill was scheduled for early 2022.
Number of capital investment records shown: 16
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All investment and modernisation projects above are scheduled for commissioning in year 2024. Capacity data is expressed in metric tonnes.
MCI holds a database of over 1075 steel industry modernisation projects. This database contains individual modernisation records identifying the country, investor, facility, capacity impact, capital cost, capex cost per tonne, commissioning date etc. Please email info@steelonthenet.com
or call +44 775 149 0885 for further information.
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To contact us about year 2024 iron & steel sector modernisation projects email info@steelonthenet.com.