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2019 Capital Investments

Steel Industry Capex


2019 Steel Sector Capital Investments
CountryInvestorFacilityEquipmentCapacity ktCapex $m
BelarusMiory Steel WorksMiory WorksCRM / tinplate240n/a
BoliviaEl Mutun Steel CoPuerto SuarezDRI/EAF/CC/Bar150422
BosniaArcelorMittalZenicaDedusting systemn/a5.733
GermanySaarstahlVolklingenCasting, billet/bloom850120.3
IndiaJSW InfrastructureParadip PortIron ore terminal1800096.6
IndiaJSW Steel TarapurTin plate line(s)200101
IndiaSree RayalseemaAswathapuram VillageDRI31.51.48
IndonesiaKrakatau SteelCilegon WorksHSM1500460
KazakhstanEurasian Nat ResKostanay DRI1800650
MexicoJFE Steel / NucorNot disclosedHDG363270
MexicoTernium/NSSMC jvTenigalHDG430300
MexicoFrisaNot disclosedEAF / CC / Bar400100
RussiaNLMKNovolipetsk WorksReheat furnace225059
RussiaMagnitogorsk I&S WorksMagnitogorsk WorksSinter plant5500302
UKBritish SteelScunthorpeRod mill (upgrade)n/a65
USANucorNucor Steel KankakeeBar mill454180
USANucorSedaliaMicro mill317250
USAUSS / Kobe jvPRO-TEC, OHContinuous annealing454400
USAUSS / Kobe jvPRO-TEC, OHHDG453.5400
VietnamHoa PhatHoa Phat Dung QuatBF4800n/a
New NLMK walking beam reheat furnace replaced the outdated pusher-type furnace and operates at 320 tons/hour.


All investment and modernisation projects above are scheduled for commissioning in or around 2019. Capacity data is quoted in metric tonnes.

MCI has an in-house database of over 900 modernisation projects in the international steel industry. 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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