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2021 Capital Investments

Steel Industry Capex

2021 Steel Sector Capital Investments
Country	Investor	Facility	Equipment	Capacity kt	Capex $m
Austria	VoestAlpine	Kapfenberg	Specialty EAF	205	392
Cameroon	Prometal	Douala	Bar & rod mill	300	n/a
China	Baowu	Anhui	Scrap processing	2800	68
France	ArcelorMittal	Galsa 2	HDG	800	104
France	Celsa	Bayonne	Bar mill	600	66
Ghana	B5 Plus	Prampram	EAF / CC / Bar	250	80
India	KIOCL/RINL jv	Visakhapatnam	Pellet plant	2000	129
India	RINL	Rae Bareli unit	Railway wheels	36	227
Indonesia	Krakatau Steel	Banten	Hot strip mill	4000	521
Italy	Acciaierie Bertoli Safau	Udine Works	Rod mill	500	230
Mexico	Ternium	Pesqueria Works	HSM	3628	1100
Pakistan	Century Steel	Century Steel	Bar mill	500	79
Russia	Evraz	Zapsib	EAF/thin slab/HRC	2500	490
Russia	Linde Group	Ural Steel	Air separation unit	635 tpd O2	57.5
Russia	Mechel	Beloretsk Plant	Wire drawing plant	50	3
Russia	Tenaris/Severstal jv	Surgut	Welded tube - OCTG	300	240
Turkey	Erdemir Group	Iskenderun	Vacuum degassing	1200	80
Turkey	Yildis Demir Celik	Kocaeli	HDG	350	80
UK	British Steel	Scunthorpe Mill	Benzole plant	n/a	13.84
UK	Siddall & Hilton	Brighouse	Welded wire mesh	n/a	2.8
USA	Steel Dynamics	Sinton	EAF / thin slab / HRC	3000	1900
USA	Nova Tube & Steel	Delta, Ohio	Welded tube	n/a	70
USA	Nucor	Nucor Steel Arkansas	HDG	453.5	240
USA	Zekelman Industries	Blytheville	Welded tube	n/a	150
Uzbekistan	Uzbek Metallurgical Plant	Bekabad	EAF/thin slab/HRC	1000	n/a

ArcelorMittal Galsa 2 galvanising line in Florange was launched in 2019, but not actually commissioned until 2021.
Initial Krakatau HSM capacity is 1.5mt/year but with ramp up to 4mt/yr over time.
Tenaris / Severstal OCTG joint venture abandoned in April 2022, due to Russian invasion of Ukraine.

All investment and modernisation projects above are scheduled for commissioning in 2021. Capacity data is stated in metric tonnes.

MCI compiles a database of investment 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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