Steel Industry Capex
ArchiveSteel Capex Projects 2020.
This page records steel industry projects scheduled for commissioning in 2020, kept as a historical record. Compiled March 2022. Figures are as published and are not revised, so they reflect conditions at that time.
For the latest figures, see Steel Capex Projects 2026.
| Country | Investor | Facility | Equipment | Capacity (kt) | Capex (US$m) |
|---|---|---|---|---|---|
| Austria | voestalpine | Donawitz | Casting – billet / bloom | 1,000 | 105.3 |
| China | Tangshan | Fengnan | BOF / CC | 8,000 | 5,500 |
| India | Subramanya | Haraginadoni Village | DRI | 54.75 | 5.1 |
| India | VRKP Steel Ind | Halkundi Village | DRI | 350 | 80 |
| Iran | Mobarakeh Steel | Amir Kabir Steel Co | Cold rolling | 250 | 29 |
| Iran | Sabzevar Pars Steel | Sabzevar | DRI | 800 | 179 |
| Japan | Nippon Steel | Hokkai Iron & Coke | Blast furnace reline | – | 308 |
| Korea | SM Steel | SM Steel | Plate mill [stainless] | 100 | 130 |
| Mozambique | Baobab Resources | Tete Iron & Steel | BOF / CC | 500 | 770 |
| Myanmar | JFE Meranti Myanmar | Thilawa | HDG / painting | 180 | 85 |
| Netherlands | Van Merksteijn | Van Merksteijn | EAF / CC / Rod | 900 | 322 |
| Oman | Moon Iron & Steel | MISCO | EAF / CC / Bar | 1,200 | 300 |
| Peru | Aceros Arequipa | PISCO | EAF | 1,250 | 180 |
| Philippines | Steel Asia M/f Corp | Concepcion | EAF / CC / Bar | 1,200 | 150 |
| Philippines | Steel Asia M/f Corp | Compostela | EAF / CC / Rod | 800 | 150 |
| Russia | NLMK | Novolipetsk | Slab caster | 1,800 | 164 |
| Russia | Severstal | Cherepovets | Coke oven #11 | 700 | 465 |
| Russia | Tulachermet | Tula Works | BOF plant | 2,000 | 222 |
| Sweden | Ovako | Smedjebacken | Vacuum degassing | 1,300 | 12 |
| Sweden | Scania | Sodertalje | Castings foundry | 65 | 178 |
| US | US Steel | Fairfield Plant | EAF / CC / Billet | 1,446.4 | 215 |
| US | Nucor | Frostproof | Micro-mill | 317.45 | 240 |
Source: MCI research. – = no data. Data as of March 2022.
Severstal coke battery #11 project involves construction of 2 blocks, each with 56 furnaces with 700 kt/yr capacity.Commissioning of block #2 is expected in 2022. Total coke oven #11 capacity is thus 1.4 Mt.
Scania foundry will produce iron cylinder blocks and heads. It replaces the present foundry that was established in 1914.
All investment and modernisation projects above are scheduled for commissioning in 2020. Capacity data is in thousand tonnes (kt).
Metals Consulting International (MCI) holds an in-house database of 1,345 modernisation projects in the international iron and 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.
