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
CanadaA-M DofascoHamiltonDRI25001434
ChinaFujian Baotai StainlessFuzhouCRM - stainless1100775
EgyptAir LiquideAin SokhnaAir separation unit77080
USANucorLexingtonMicro mill390.01350
USATerniumShreveportOrganic coating line12098
USAUS SteelBig River SteelHDG295280
UzbekistanUMPBekabadEAF/thin slab/HRC1000770
VietnamHoa Phat Group Hoa Phat Dung Quat 2BOF / CC / +++56003670
ArcelorMittal Dofasco envisage later investment in a 2.4 mt EAF plant in Hamilton.

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 maintains a database of over 1200 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 and so on. Email or call +44 775 149 0885 for further information.

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