Iron & steel industry 2024 investments. logo

Steel Industry Capital Investments.

Modernisation & capacity expansion projects 2024

CountryInvestorFacilityEquipmentCapacity ktCapex $m
BrazilSimecPinda plantMini-mill expansion500300
CanadaAlgomaSault Sainte MarieEAF3356557
EgyptAir LiquideAin SokhnaAir separation unit77080
FranceArcelorMittalMardyckElectrical steel200330
IndiaKIOCL LimitedMangaloreCoke ovens180111
USANucorKingmanEAF melt shop544100
USATerniumShreveportOrganic coating line12098
USAUS SteelBig River SteelHDG295280
UzbekistanUMPBekabadEAF/thin slab/HRC1000770
VietnamHoa Phat Group Hoa Phat Dung Quat 2 ProjectBOF / CC / +++56003670
New Mardyck plant will be for production of electrical steels for EV electric motors in particular.
India's KIOCL was formerly known as the Kudremukh Iron Ore Company Limited.

Number of capital investment records shown: 10
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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 or call +44 775 149 0885 for further information.

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