Steel industry capital investment projects 2022.

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Steel Industry Capital Investments.

Modernisation and capacity expansion projects 2022


  • 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.
  • 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 info@steelonthenet.com or call +44 775 149 0885 for further information.






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