Capital Investments Data
ArchiveSteel Investment Projects 2010.
This page records steel modernisation projects reported in 2010, part of a yearly series kept as a historical record. Compiled 2010. Figures are as published and are not revised, so they reflect conditions at that time.
For the latest figures, see Steel Capex Projects 2026.
2010 Analysis: Investment activity in 2010 reflected recovery from the global financial crisis, with significant projects across emerging markets. China's projects included a BOF plant, a hot strip mill and a cold-rolling and galvanising complex. Russia focused on downstream value-added products: plate, cold-rolled and galvanised sheet. India's investments centred on ironmaking, with two blast furnaces and an air separation unit. Western markets emphasised environmental upgrades and quality improvements rather than capacity expansion.
50
Projects Shown
28
Countries
6 HDG Lines
5 BFs, 5 Bar Mills, 5 EAFs
Project Categories:
Melting/Raw Materials
Rolling Mills
Coating/Finishing
| Country | Company | Location | Project | Description |
|---|---|---|---|---|
| Argentina | Beltrame | Puerto Madryn | DRI | Direct reduction plant in Argentine province Chubut |
| Austria | voestalpine | Linz Works | HDG | Zinc, zinc-iron and Zn-Al-Mg coatings; galvanising line #5 |
| Austria | voestalpine | Linz Works | Power Plant | Power plant facility in block 07. Capex €160m |
| Brazil | Ceará Steel | Ceará Steel | EAF / CC / Slab | Slab for export plant; DRI feedstock. 1.5 Mt/yr DRI unit included |
| Brazil | Usiminas | Ipatinga | Coke Ovens | New coke plant No. 3 |
| Brazil | Vallourec / Sumitomo JV | Unidentified Site | BOF / Seamless Tube | Seamless OCTG tube; diameters 168.3–406.4 mm – heat treatment and threading included |
| Canada | USS | Hamilton Works | WWTP | Former Stelco Hamilton works |
| Chile | Cia Siderúrgica Huachipato | CSH Site | HDG | Board approval given in 2008 |
| China | Baosteel / Handan JV | Hebei Province | BOF / CC | Baosteel / Handan joint venture in Hebei Province |
| China | Guangzhou / JFE Steel JV | Nansha Dev Zone | CRM / HDG | CR complex includes 400 kt hot-dip galvanising facility |
| China | Shougang Group | Qian-an Works | HSM | Qian-an plant in Hebei Province (Beijing relocation project) |
| Egypt | Suez Steel | Suez Steel | Bar Mill | To serve local market. DRI unit and billet plant to follow |
| France | ArcelorMittal | Saint-Chély-d'Apcher | Continuous Annealing | Investment to increase output of electrical steel |
| Germany | Dillinger / Saarstahl | Zentralkokerei Saar | Coke Ovens | Construction of battery B3 with 50 coke ovens – B1 refurbishment to follow |
| India | Bhushan Steel | Meramandali Works | Blast Furnace | Turnkey construction involving Larsen & Toubro and Paul Wurth |
| India | BOC | SAIL | Air Separation Unit | 1,700 t/d plant to be installed by BOC India (part of Linde) |
| India | SAIL | Alloy Steel Plant | Blast Furnace | Investment is part of broader upgrade of the works |
| Iran | Government of Iran | Gol-e-Gohar | Pellet Plant | Four-year construction period – will use local iron ore |
| Iran | Kerman Steel | Kerman Steel | Bar Mill | For production of rebar 12–32 mm in diameter |
| Iran | NISCO Group | Mobarakeh Steel | EAF / Thin Slab / HRC | Thin slab mini-mill will include DRI, ladle furnace, thin slab caster and lime plant |
| Japan | Nippon Steel | Aichi Prefecture | Coke Ovens | Investment of ¥60bn |
| Japan | Tokyo Steel | Tahara | EAF | One of the largest EAFs in the world – Toyota will be a key client |
| Kazakhstan | Evraz Holdings | Kostanaiskdiesel | Bar Mill | Small sections, mill 350 – for production of rebars, channels, angles |
| Korea | Hyundai Steel | Dangjin, Chungnam | Coke Ovens | State-of-the-art facility with 4 coke oven batteries |
| Mexico | ArcelorMittal | Not Specified | EAF / CC / Bar | 1 Mt EAF facility making rebar, merchant bar quality and special bar quality products |
| Poland | ArcelorMittal | Katowice Works | Hot Metal Desulphurisation | Investment is in two desulphurisation stations |
| Romania | ArcelorMittal | Galați Works | Blast Furnace Reline | BF #3 reline. Cost of €53m |
| Romania | Mechel | Ductil Steel | Billet Caster | To increase billet production capacity by 600,000 tonnes per annum |
| Russia | Evraz Holdings | Novokuznetsk | Plate Mill | 8–50 mm plate, up to 3,600 mm wide |
| Russia | Magnitogorsk I&S Works | Magnitogorsk | CRM – Tandem | Auto body sheet focus 0.28–3 mm gauge, 850–1,880 mm width |
| Russia | NLMK | Novolipetsk | HDG | Gauge from 0.22 to 0.8 mm and width from 900 to 1,270 mm |
| Saudi Arabia | Alfanar | Unidentified Site | Seamless Tube | With oil / gas focus |
| Saudi Arabia | Zamil Group | Zamil Pipes | Seamless Tube | With full size OCTG casings up to 13 3/8 inch |
| Slovakia | Slovakia Steel Mills | Slovakia Steel Mills | WWTP | Siemens water treatment plant for new steelworks. Capex €10m |
| South Africa | ArcelorMittal | Newcastle Steel | Blast Furnace Reline | For BF #5 |
| South Africa | ArcelorMittal | Newcastle Steel | Hot Metal Desulphurisation | For blast furnace #5 |
| Syria | Wahib Merei Company | Tartous Works | Bar Mill | Rebar facility capacity expansion from 200 kt to 275 kt |
| Turkey | Borcelik / ArcelorMittal JV | Gemlik Works | HSM | Slabs to be sourced from ArcelorMittal |
| Turkey | Erdemir Group | Hasançelebi | Pellet Plant | Hasançelebi has 885 Mt of ore reserves; Fe content >23% |
| Turkey | POSCO | Marmara Region | SSC | Auto sector sales with services including cutting, slitting and blanking of steel sheets |
| UAE | Emirates Steel Industries | Musaffah Industrial Area | DRI/EAF / CC / Bar | To include 1.6 Mt DRI, 1.4 Mt EAF, 0.62 Mt bar, 0.48 Mt rod |
| Ukraine | Metinvest | Yenakievo | Blast Furnace | BF #3. Pre-upgrade capacity was 760 kt |
| Ukraine | Unisteel | Krivoy Rog | HDG | Output planned of galvanised coils 0.3–2.0 mm thickness; maximum 1,250 mm width, zinc coating 90–400 g/m² |
| Ukraine | Zaporizhstal | Zaporizhzhia Works | PCI | PCI plant supplied by German engineering company Küttner |
| United Kingdom | ArcelorMittal | Former Avis Steel | Blanking Line | For output of precision cut blanks on Durmech High-Speed Blanking Line |
| United Kingdom | Linde Group | Corus | Oxygen Plant | 1,600 t/d oxygen facility – investment includes off-site gas supply pipeline |
| US | ArcelorMittal / Nippon | I/N Kote, Indiana | HDG | Continuous galvanising line for high-grade, high-quality coated sheets |
| US | SSAB | Mobile Steelworks | Vacuum Degassing | Vacuum tank degassing facility for quenched and tempered steels. Capex US$14m |
| US | ThyssenKrupp | Calvert Plant, Alabama | Acid Regeneration | World's largest acid regeneration facility that will recycle process acids |
| Vietnam | Thai Nguyen Iron and Steel | Thai Trung Rolling | Bar Mill | Producing round steel bar, section steel and deformed bar products |
Source: MCI research. Data as of 2010.
See also: analysis of plant and equipment suppliers
Metals Consulting International (MCI) maintains a database of 1,345 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.