Skip to content

Discuss a Project
Home
News Show News links
- News
  Steel industry headlines from around the world, gathered daily and sorted by region and sector.
  Every headline links to its original publisher.Company news
  Subscribe to the RSS feedExplore the News Hub →
- Regional
- Global & Specialty
  Companies
- Steel industry newsfeed Scanned daily from 150+ sources worldwide Filtered by region and sector, with links to the original publishers Sentiment tracker, 5 Oct: +13.1, neutral. Based on the last 50 news items →Subscribe · RSS feed
Advisory Show Advisory links
- Advisory
  Independent advice for lenders, investors, governments and steelmakers — from concept study to commissioning and beyond.
  Independent of equipment suppliers, contractors and investors.About MCI
  - Our experts
  - Independence
  Explore the Advisory Hub →
- New Investment
  Or commission one workstream
- Existing Companies
  Specialist support
  About MCI
  - Our experts
  - Project record
- Track record US$4bn+ Combined privatisation value advised on Erdemir · TürkiyeNová Huť · Czech RepublicPolskie Huty Stali · Poland 152 projects in 48 countries since 2001 Case studies → Full project record →
Insights Show Insights links
- Insights
  Independent policy research on the global steel industry: a new report each month, testing received wisdom against the evidence.
  23 reports published since 2025, each with sources and a citable reference.Explore the Insights Hub →
- Recent Reports
  All 23 reports →
- Listen & Follow
- Latest podcast · Episode 12 Buying a Steel Mill – Red Flags in Due Diligence Six red flags to check before you buy a steel mill1 Oct 2026 · 15 min Listen now → Subscribe to the podcast – RSS feed
Resources Show Resources links
- Resources
  Proprietary data and models built from primary sources — the evidence behind our advisory work.
  4,500 plants · 1,345 capex records
  50+ years of market statistics
  Demand data for 132 countriesExplore the Resource Hub →
- Data
  More on the hub
- Analysis & Reference
  Knowledge base
- Term of the day Apparent consumption The mathematical sum of production plus imports minus exports. Read it in the glossary → Knowledge Base →
M&A Show M&A links
- M&A
  Steel industry takeover data: 192 deals in 35 countries since 1995, with buyer, target, price and valuation metrics.
  Combined disclosed value US$254bn; updated August 2026.Explore the M&A Hub →
- Deal Databases
- Analysis & News
  - M&A AnalysisConsolidation trends and the strategy behind the deals
  - M&A NewsDeals announced, pending and completed
- Recent deal · Scrap recycling US$554mDerichebourg acquires Scholz Recycling Group GermanyDeal date Jul 2026 Subscribe to scrap M&A deals – RSS feed
History Show History links
- History
  Corporate histories of the world’s leading steelmakers: ownership, investment and restructuring, decade by decade.
  Events cover mergers, acquisitions and joint ventures; upstream and downstream integration; privatisation, closures and insolvency.Chronology Explorer Explore the History Hub →
- By Region
  - Americas
  - Asia-Pacific
  - CIS
  - Europe
  - South Asia
- Global Groups
  All 50 companies →
- Interactive tool 1,795 dated records, 1873–2026 Search and filter the full record across 50 steelmakers Open the Chronology Explorer →
Platform Guide
Search SteelOnTheNet

Discuss a Project +44 775 149 0885 Call us: +44 775 149 0885 Email us: info@steelonthenet.com

Open or close menu

2026 Capital Investments

Steel Industry Capex

2026 Steel Sector Capital Investments
Country	Investor	Facility	Equipment	Capacity kt	Capex $m
Australia	Green Steel	Collie Works	Micro mill	450	400
Belgium	ArcelorMittal	Gent Works	DRI / EAF	2500	2130
Germany	ThyssenKrupp	Duisburg	DRI	2500	2000
Italy	DRI d’Italia	DRI d’Italia	DRI	2000	1070
Japan	Nippon Steel	Nagoya Works	HSM	6000	2100
Kazakhstan	Eurasian Natural Resources	Rudny Works	DRI	2000	1000
Kazakhstan	QazSpecSteel	Aktobe Plant	BOF / CC / Billet	800	600
Korea	POSCO	Gwangyang	EAF	2500	459
New Zealand	New Zealand Steel	Glenbrook	EAF	670	187
Slovakia	US Steel	Kosice	Decarbonisation	5000	1365
Spain	H2GS / Iberdrola	Not specified	Electrolyzer	1000	2610
Spain	Hydnum Steel	Hydnum Steel	Endless casting rolling HRC	1500	1931
Sweden	SSAB	Oxelosund	Decarbonisation	1800 BF	585
Turkey	Habas	Aliaga	Bar mill	2500	26
Turkey	Kocaer Steel	Uncertain	Geothermal power	24	77
UK	Tata Steel	Port Talbot	Decarbonisation	5000	1463
USA	Fortescue	Phoenix Hydrogen Hub	Hydrogen hub	11	550
USA	Nucor	Uncertain	Micro mill	590	860

Green Steel micro mill in Australia will produce low carbon rebar and is to be powered by renewable energy.
ArcelorMittal decarbonisation plan at Gent in Belgium suspended in November 2024 over CBAM concerns.
Decarbonisation at SSAB will involve closure of 1.8 mt BF capacity, closure of coke plants and investment in new EAF.

All investment and modernisation projects above are scheduled for commissioning in year 2026. Capacity data is in metric tonnes.

MCI holds 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 etc. Please email info@steelonthenet.com or call +44 775 149 0885 for further information.

performance improvement

STEEL PLANT OPERATIONS

Looking to improve your plant's operating performance? We have technical experts in melting casting and rolling, who are able to diagnose problems and offer recommendations. See our case studies page.

PERFORMANCE IMPROVEMENT CASE STUDY