Steel Industry Capex
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
|---|---|---|---|---|---|
| Austria | VoestAlpine | Donawitz | EAF | 850 | 482 |
| Czech Republic | Třinecké železárny | Třinecké železárny | Briquetting line | 665 | 44 |
| France | ArcelorMittal | Dunkirk | DRI / EAF | 2500 | 1960 |
| France | Aubert & Duval | Pamiers | Forging press | 6000 | 69 |
| France | Plug Power consortium | Not disclosed | Electrolyser | 650 | 2300 |
| France | Rio Tinto / GavitHy jv | Fos-sur-Mer | DRI | 2000 | 2315 |
| Hungary | Liberty Steel | Dunaújváros | Decarbonisation | 3000 | 1424 |
| Italy | Metinvest / Danieli jv | Piombino | EAF / CC / HSM | 2700 | 2376 |
| Poland | Weglokoks | Ruda Slaska | EAF / CC / HSM | 1000 | 1100 |
| Romania | Ussuri Capital | Ussuri Steel | CRM / HDG / painting | 250 | 171.2 |
| Russia | Evraz Holdings | NTMK | Coke ovens [dev'ping] | 970 | 312 |
| Russia | Metalloinvest | Mikhailovsky GOK | DRI | 2080 | 900 |
| United Kingdom | Blastr Green Steel | Teesside | DRI | 6000 | 1280 |
Data as of January 2025.
ArcelorMittal decarbonisation plan at Dunkirk in France suspended in November 2024 over CBAM concerns.Some question marks exist over whether Poland's Weglokoks project will indeed go ahead.
Funding for Liberty Group's decarbonisation of the Dunaújváros Works in Hungary has yet to be confirmed.
All investment and modernisation projects above are scheduled for commissioning in year 2027. Capacity data is in tonnes.
Metals Consulting International (MCI) holds a database of over 1300 iron and 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.
