Iron & steel industry 2024 investments.

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Steel Industry Capital Investments.

Modernisation & capacity expansion projects 2024


CountryInvestorFacilityEquipmentCapacity ktCapex $m
CanadaAlgomaSault Sainte MarieEAF3356557
FranceArcelorMittalMardyckElectrical steel200330
IndiaKIOCL LimitedMangaloreCoke ovens180111
IndiaTinplate Company of IndiaJamshedpurTin plate line300243
MexicoTerniumShreveportOrganic coating line12098
TurkeyHabasAliagaBar mill150063
USATerniumShreveportOrganic coating line12098
UzbekistanUMPBekabadEAF/thin slab/HRC1000770
VietnamHoa Phat Group Hoa Phat Dung Quat 2 ProjectBOF / CC / +++56003670
USANucor CrawfordsvilleGI & PPGI plants270290
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.
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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