Steel industry capex projects 2022. logo

Steel Industry Capital Investments.

Modernisation and capacity expansion projects 2022

  • China, Jinding Steel, Handan City Works, Heavy section and rail mill. Construction plan envisages two H-beam plants including reheating furnaces, cooling beds, straighteners
  • Philippines, Steel Asia Manufacturing Corp, Lemery, EAF / CC / Sections. Scrap-based integrated plant making sections. Original start up was planned for 2021.
  • Russia, Severstal, Cherepovets, Blast furnace. Construction of new BF#3, 28 bn rubles investment over 4 years.
  • Russia, NLMK, Novolipetsk, HDG. Quality HDG steel for construction, automotive, white goods industries.
  • Russia, Severstal, Cherepovets, Rod mill. Investment includes reheat furnace, descaling unit, rolling stands, Stelmor air cooling line, Garret winder line.
  • Turkey, Erdemir Group, Eregli Works, Coke ovens. Construction of the 4th Coke Battery and modernization of the Secondary Product Facilities
  • Turkey, Erdemir Group, Eregli Works, Sinter plant. New sinter plant costing ~USD 198m to be commissioned in June 2022
  • USA, Nucor, Brandenburg, EAF / CC / Plate mill. Will produce cut-to-length, coiled, heat-treated & discrete plate 60-160" wide, in gauges from 3/16" 14".
  • USA, US Steel, Mon Valley, Clairton, PA, Endless casting rolling HRC. Endless casting-rolling plant will produce high-quality, ultra-thin strip.

See also: analysis of plant and equipment suppliers

MCI maintains an in-house database of almost 1100 steel industry modernization 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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