Steel industry capital investment projects 2021.

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Steel Industry Capital Investments.

Modernisation and capacity expansion projects 2021


  • Austria, VoestAlpine, Kapfenberg, Specialty EAF. Advanced special steel plant. EAF to be powered using 100% green electricity
  • China, Baowu, Ouyeel Blockchain Finance & Metal Recycling Resources. New scrap processing plant. This will be a so-called 'lights-out factory' that is completely unmanned
  • France, Celsa, Bayonne, Bar mill. New rolling mill will be adjacent to existing Bayonne melt shop
  • India, KIOCL/RINL jv, Visakhapatnam, Pellet plant. Plant to be commissioned by 2021 on 75 acre plot of land
  • India, RINL, Rae Bareli unit, Railway wheels. Capacity of one lakh pieces of forged wheels / year. Capex Rs 1680 crore.
  • Pakistan, Century Steel. Investing in new rebar mill, as Phase I. Phase II will centre on construction of a 500,000 tpy steel meltshop
  • Russia, Evraz, Zapsib, EAF / thin slab / HRC plant. This will involve thin slab technology for slab 70-100mm thickness and HRC and plate 1.2-25mm thick 900-1,600mm wide
  • Russia, Linde Group, Ural Steel, Air separation unit. Supply of oxygen, nitrogen, argon. Capacity 20000 m3 O2/hr
  • Russia, Tenaris / Severstal jv, Surgut, Welded tube - OCTG. Tenaris stake 49%, Severstal 51%. OCTG pipe for Russian and export markets
  • Turkey, Erdemir Group, Iskenderun Works. New vacuum degassing plant to be commissioned in April 2021
  • USA, Steel Dynamics, Sinton, EAF / thin slab / HRC. Capex includes CRC, HDG and OCS. Sinton is ~30 miles NW of port of Corpus Christi, Texas
  • USA, Nucor, Nucor Steel Arkansas, HDG. New mill be operational in the first half of 2021
  • USA, Nova Tube & Steel, Delta, Welded tube - Longitudinal. For production of hollow structural sections and standard pipe
  • USA, Zekelman Industries, Blytheville, Welded tube - Longitudinal. To be built on property adjacent to its existing Atlas Tube mill


See also: analysis of plant and equipment suppliers

MCI maintains an in-house capex cost database of almost 1050 steel works 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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