Iron and steel sector capex costs - electric arc furnace - EAF.
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Capital Investment Costs - electric arc furnace

Typical capex investment costs

Electric arc furnace investment cost summary
ParameterValue
Average capacity1170 kt
Average cost 2018US $ 154 million
Average cost per tonne capacityUS $ 143 / tonne
Sample size3 records

Capital investment cost figures compiled by Metals Consulting International, based on investments by NISCO at Mobarakeh Steel, Iran; at the Ashinsky steel Works in Russia; by AK Steel at the Butler Works in the USA, etc. Note that cost per tonne estimates work out significantly higher for small-size EAFs. THus, capex cost for a ~300kt electric arc furnace melt shop is closer to $300 / tonne of capacity.

MCI capital cost database holds capex cost data for following production units and processes. Front end: sinter, coke making, DRI, blast furnaces, BOF, EAF, induction furnaces, continuous casting. Flat: plate, hot rolled coil, cold rolled coil, hot dip galvanised sheet, tinplate, organic coated sheet. Long: heavy sections, rail, steel bar, rod, wire. Also welded pipe, seamless tube. Also pellet plant, coal washing plant, lime plant, PCI, pig iron desulphurization. Dbase also includes BF relines, ladle furnaces, vacuum degassing, air separation units, power plants, slitting lines, pickling plant, waste water treatment plant, acid regeneration plants.

Further detail is available for purchase from MCI. This includes cost versus capacity charts priced at $100 each and individual capex cost examples priced at $20 each. For enquiries please contact support@steelonthenet.com or call +44 775-149-0885. For further information about our database, see steel industry capital investment costs page.