Steel industry capex projects 2020. logo

Steel Industry Capital Investments.

Modernisation and capacity expansion projects 2020

  • Austria, VoestAlpine, Donawitz, Casting - billet / bloom. No 4 bloom caster for hi quality rail, wire, seamless tube
  • China, Tangshan, Fengnan, BOF / CC / +++. This is a relocation of 8 million tonnes of annual production capacity to a coastal site near Fengnan
  • India, Subramanya, Haraginadoni Village, DRI 2 x 75 tonne per day sponge iron plant
  • India, VRKP Steel Industries, Halkundi Village, DRI. Expansion from one lakh tpa to 4.5 lakh tonnes per annum
  • Iran, Mobarakeh Steel Company, Amir Kabir Steel Company. New cold rolling mill for approx $29.3m
  • Iran, Sabzevar Pars Steel Company, Sabzevar, DRI. New direct reduction plant. 370 direct jobs to be created
  • Japan, NSSMC, Hokkai Iron & Coke Corporation, Blast furnace reline. This is reline of #2 BF for Y35 billion (started operations Nov 2001). Furnace capacity to be 3,014 m3
  • Korea, SM Steel. Plate mill for stainless steel production to produce ultra-thin plates from 5mm and ultrawide plates up to 4,000mm
  • Mozambique, Baobab Resources, Tete Iron & Steel. Basic Oxygen Furnace / CC / +++. Investor is Baobab Resources with 13% stake, in partnership with the IFC. Output of long products.
  • Myanmar, JFE Meranti Myanmar, Thilawa, HDG / painting. The plant will produce 180kt zinc and aluminum coated steel and 90kt pre-painted steel.
  • Netherlands, Van Merksteijn, Van Merksteijn, Electric Arc Furnace / CC / Rod. Investment by Dutch wire products supplier Van Merksteijn to come on-stream H2 2020.
  • Oman, Moon Iron & Steel (MISCO), MISCO, EAF / Continuous Casting / Bar. 1.2 million tonne steel plant with 140t EAF and 5-strand billet caster will make 1.1 mt/year rebar.
  • Peru, Aceros Arequipa, PISCO, EAF. 1250 kt EAF to reduce dependence on billet imports.
  • Philippines, Steel Asia Manufacturing Corp, Compostela, EAF / CC / Wire Rod. Scrap-based integrated plant making bar and rod.
  • Russia, NLMK, Novolipetsk, Casting - slab. For production of 'heavy' slabs with increased chemical purity and structural homogeneity.
  • USA, US Steel, Fairfield Plant, EAF / CC / Billet. Technologically advanced electric arc furnace with rounds caster to feed tube plant.
  • USA, Nucor, Frostproof, Micro mill. This rebar micro mill is expected to employ approximately 250 people and pay an average annual salary of $66,000.

See also: analysis of plant and equipment suppliers

MCI maintains a capex cost database of over 1000 steel sector 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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