Steel Industry Capex
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
|---|---|---|---|---|---|
| Algeria | Tosyalı Holdings | Oran Works | DRI / EAF / CC / HRC | 2000 | 1500 |
| Argentina | Tenaris | CIC Steelworks | EAF | 861.65 | 100 |
| Brazil | Simec | Pinda plant | Mini-mill expansion | 500 | 300 |
| Canada | Algoma | Sault Sainte Marie | EAF | 3356 | 557 |
| Canada | A-M Dofasco | Hamilton | DRI | 2500 | 1434 |
| China | Fujian Baotai Stainless | Fuzhou | CRM – stainless | 1100 | 775 |
| Colombia | Tenaris | TuboCaribe | Induction heater | 22 | <1 |
| Egypt | Air Liquide | Ain Sokhna | Air separation unit | 770 | 80 |
| Finland | Kuusakoski Oy | Veitsiluoto | Scrap processing plant | 150 | 27 |
| France | ArcelorMittal | Fos-sur-Mer | 340 t twin LF | n/a | 80 |
| France | ArcelorMittal | Mardyck | Electrical steel | 200 | 330 |
| Germany | ArcelorMittal | Duisburg | Ladle furnace | n/a | 13 |
| Germany | ArcelorMittal | Eisenhuttenstadt | Electrolyser | 2 MW | 6 |
| Germany | Max Aicher | Stahlwerk Annahutte | Reheat furnace (WBF) | 240 | 22 |
| Germany | Salzgitter | Flachstahl Works | Blast furnace reline | 2000 | 117 |
| Germany | Salzgitter | Flachstahl Works | Shredder | n/a | 32.7 |
| Germany | Tata Steel | Feijen SSC | Decoiling line | n/a | 22 |
| India | Fero Alloys Corporation | FACOR Works | Submerged arc furnace | 300 | 87.52 |
| India | JSL | Jajpur and Hisar | Solar power | 42 | 28 |
| India | KIOCL Limited | Mangalore | Coke ovens | 180 | 111 |
| India | NMDC | Nagarnagar | Pellet plant | 2000 | 27 |
| India | Tata Steel | Punjab location | EAF / CC / Bar | 750 | 327 |
| India | Tinplate Co of India | Jamshedpur | Tin plate line | 300 | 243 |
| India | Titagarh Rail/Ramkrishna | Not disclosed | Railway wheels | 200 | 134 |
| Netherlands | Van Merksteijn | Eemshaven | Rod mill | 580 | 337 |
| Peru | Aceros Arequipa | Pisco | Bar mill | 300 | 75 |
| Philippines | Real Steel Corp | Pampanga | Solar power | 16.8 | 18 |
| Poland | ArcelorMittal | Krakow Works | Batch annealing | n/a | 13 |
| Poland | Cognor | Siemianowice | Light section mill | 450 | 100 |
| Romania | Beltrame | Beltrame | EAF / CC / Bar | 600 | 354 |
| Romania | Beltrame | Beltrame | Solar power | 110 MW | 105 |
| Russia | Metalloinvest | Mikhailovsky GOK | DRI | 2080 | 539 |
| Turkey | Çelik Halat | Kartepe | Wire rope | 12.4 | 3.3 |
| Turkey | Cinar Boru | Cinar Çelik | Pickling line [flat] | 300 | 22 |
| Turkey | Erdemir Group | Cemisgezek | Solar power | 310 | 189 |
| Turkey | Filyos Demir Çelik | Caycuma | EAF / CC / Stainless | 1000 | n/a |
| Turkey | Habaş | Aliaga | Bar mill | 1500 | 63 |
| Turkey | Hascelik | Osmaneli | EAF / CC / Stainless slab | 250 | 212 |
| Turkey | İçdaş | Cannakale | HSM | 5000 | 998 |
| Turkey | İzmir Demir Çelik | Aliaga | Solar power | 2.06 MW | 2 |
| Turkey | Kaptan Demir Çelik | Marmara Ereğlisi | Solar power | 7 | 4.3 |
| Turkey | Noksel Çelik Boru | Osmaniye | ERW welded tube | 200 | 25 |
| Turkey | Noksel Çelik Boru | Osmaniye | Solar power | 32 | 6 |
| Turkey | Oyak | Erdemir Madencilik | Pellet plant | 3000 | 550 |
| Turkey | Tezcan Galvaniz | Dikili | Solar power | 50 | 32 |
| Turkey | Tosyalı Demir Çelik | İskenderun Works | Rod mill | 900 | 53 |
| Turkey | Tosyalı Toyo | Osmaniye | CRM – tandem | 650 | 185 |
| Turkey | Tosyalı-Toyo | Tosyalı-Toyo | Tin plate line(s) | 325 | 200 |
| Turkey | Tufan Metalurji | Adana | EAF / CC | 244 | 18 |
| Turkey | Yesilyurt Demir Çelik | Samsun | Solar power | 100 | 34 |
| USA | Highbar | Osceola | Micro mill | 544 | 550 |
| USA | Nucor | Crawfordsville | GI & PPGI plants | 270 | 290 |
| USA | Nucor | Kingman | EAF melt shop | 544 | 100 |
| USA | Nucor | Lexington | Micro mill | 390.01 | 350 |
| USA | Ternium | Shreveport | Organic coating line | 120 | 98 |
| USA | US Steel | Big River Steel | HDG | 295 | 280 |
| Uzbekistan | UMP | Bekabad | EAF/thin slab/HRC | 1000 | 770 |
| Vietnam | Hoa Phat Group | Hoa Phat Dung Quat 2 | BOF / CC | 5600 | 3670 |
Data as of January 2025.
CIC in Argentina (Tenaris investment) denotes Campana Industrial Center.ArcelorMittal Dofasco envisage later investment in a 2.4 Mt EAF plant in Hamilton.
New Mardyck plant in France will be for production of electrical steels for EV electric motors in particular.
India's KIOCL was formerly known as the Kudremukh Iron Ore Company Limited.
Environmental impact assessment for Turkey's Habaş bar mill was scheduled for early 2022.
Oyak pellet plant investment will increase Erdemir Group self-sufficiency to ~80–85%.
All investment and modernisation projects above are scheduled for commissioning in year 2024. Capacity data is expressed in tonnes.
Metals Consulting International (MCI) maintains a database of over 1200 steel industry modernisation projects. This database contains individual modernisation records identifying the country, investor, facility, capacity impact, capital cost, capex cost per tonne, commissioning date and so on. Email info@steelonthenet.com
or call +44 775 149 0885 for further information.
