Iron & steel industry 2024 investments.
Steel Industry Capital Investments.
Modernisation & capacity expansion projects 2024
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
| Brazil | Simec | Pinda plant | Mini-mill expansion | 500 | 300 |
| Canada | Algoma | Sault Sainte Marie | EAF | 3356 | 557 |
| Canada | A-M Dofasco | Hamilton | DRI | 2500 | 1434 |
| China | Fujian Baotai Stainless | Fuzhou | CRM - stainless | 1100 | 775 |
| Egypt | Air Liquide | Ain Sokhna | Air separation unit | 770 | 80 |
| USA | Nucor | Kingman | EAF melt shop | 544 | 100 |
| USA | Ternium | Shreveport | Organic coating line | 120 | 98 |
| USA | US Steel | Big River Steel | HDG | 295 | 280 |
| Uzbekistan | UMP | Bekabad | EAF/thin slab/HRC | 1000 | 770 |
| Vietnam | Hoa Phat Group | Hoa Phat Dung Quat 2 | BOF / CC / +++ | 5600 | 3670 |
Number of capital investment records shown: 10
Subscribers get access to a more complete set of capex cost records.
Click here to subscribe.
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.
STEEL PLANT OPERATIONS
Looking to improve your plant's operating performance? We have technical experts in melting casting and rolling, who are able to diagnose problems and offer recommendations. See our case studies page.
To contact us about year 2024 iron & steel sector modernisation projects email info@steelonthenet.com.