Capital Investments Data
2011 Analysis: Investment in 2011 reflected continued global recovery with strong activity across emerging markets. Russia led with extensive modernisation programmes including EAF upgrades and finishing facilities. India focused on raw materials infrastructure including coke ovens and pellet plants. Korea's major greenfield integrated plant represented significant capacity expansion in Asia. Middle East investments centred on EAF-based facilities and seamless tube production for the energy sector.
38
Projects Shown
20
Countries
7 EAFs
3 HDG, 3 Seamless Tube
Project Categories:
Melting/Raw Materials
Rolling Mills
Coating/Finishing
| Country | Company | Location | Project | Description |
|---|---|---|---|---|
| Brazil | Usinas Siderúrgicas de Minas Gerais | Cubatao | Pickling Line | Continuous pickling line with HCl acid regeneration |
| China | Anyang / Vale jv | Anyang Works | Pellet Plant | Joint venture pellet plant |
| China | Baotou Steel | Inner Mongolia | Seamless Tube | 159 mm seamless steel pipe production line |
| China | Dongbei Steel | Dalian, Liaoning | Air Separation Unit | Production capacity of about 800 tonnes of oxygen per day |
| Egypt | Al-Kharafi Group | Burj Al Arab | EAF/CC/Billet | Project approval from Egypt's Industrial Development Authority announced early 2009 |
| Egypt | Ezz Steel | Ain Sokhna Works | DRI | Italian plant and equipment suppliers |
| India | Amba River Coke | Pen Tehsil | Coke Ovens | MOU signed for coke oven plant to supply met coke needs of Ispat Industries |
| India | Essar Group | Not Disclosed | Service Centre | 4th SSC – will retail flat as well as purchased long and tube |
| India | Gangotri Iron & Steel | Bihar | Induction Furnace/CC/Bar | Investment of approximately ₹350m |
| Iran | Khomein | Markazi | EAF/CC/Billet | I-beam, angles and rebar production planned in later phase |
| Iran | Kish South Kaveh Steel | Kish South Kaveh | EAF/CC/Billet | First phase was DRI |
| Japan | JFE Steel | West Japan Works | Blast Furnace Reline | After the revamp the inner volume will be 4,300 cubic metres |
| Kazakhstan | ArcelorMittal | Temirtau | Casting – Billet/Bloom | Six-strand continuous square billet caster; capacity expansion from 4 to 5 Mt/yr |
| Korea | Hyundai Steel | Dangjin, Chungnam | BOF/CC | Greenfield integrated plant 6.5 Mt HRC + 1.5 Mt plate. Vale iron ore contract |
| Mexico | AHMSA | Monclova Plant | Air Separation Unit | Build and Operate arrangement. Capacity of 1,700 tons of oxygen |
| Mexico | POSCO | Altamira | HDG | Auto focus. Construction work includes adjacent distribution centre |
| Mexico | Tenaris | Veracruz | Seamless Tube | State-of-the-art small diameter rolling mill up to 7 inches |
| Myanmar | Hoa Sen Group | Not Disclosed | HDG/OCS/Lamination | 450 kt zinc coating + 180 kt colour-coat plus laminating lines |
| Oman | JFE / Foulath jv | Not Specified | Pellet Plant | JFE 40% stake. Foulath is part owned by GIIC |
| Poland | ArcelorMittal | Dabrowa Gornicza | PCI | PCI for blast furnace No. 2 |
| Russia | Estar | Uzhnorussikiy Steel Works | EAF/CC/Heavy Sections | Beams, angles and channels. Supplier is SMS Group's CONCAST |
| Russia | Evraz / VSMK jv | Sibirsky Electrometallurgical | EAF/CC/Bar Mill | New mill in Irkutsk region for production of high quality long products |
| Russia | Evraz Holdings | Nizhny Tagil | Ladle Furnace | LF#4. Construction to start end-2010 or early 2011 |
| Saudi Arabia | ArcelorMittal / Bin Jarallah | Not Identified | Seamless Tube | Funding partially from Saudi Industrial Development Fund |
| Saudi Arabia | Sulb National Company | Not Specified | EAF/CC/Billet | EAF with continuous billet caster; scrap feedstock supplemented with purchased HBI |
| Saudi Arabia | Unicoil | Al Jubail | EAF/CC/HSM | EAF melt shop with DRI and slab caster feeding hot strip mill |
| South Africa | DRA | Hakhano | Coal Washing Plant | Build-own-operate basis 240 tonnes per hour export coal washing facility |
| Turkey | MMK Atakas jv | Atakas | CRM/HDG/Painting | 1.2 Mt/yr continuous pickling line, 750 kt 2-stand reversing mill, 450 kt HDG and 200 kt colour coating |
| Turkey | Ozbal Çelik Boru | Mersin Tarsus | Welded Tube | Spiral steel pipes – diameter range 20 cm to 3 metres (for Nabucco Project) |
| UAE | BRC Arabia | Dubai | EAF/CC/Bar | Rebar and wire rod facility; second phase will expand capacity |
| UAE | Emirates Steel Industries | Emirates Steel | Heavy Section/Rail | Heavy section rolling mill is a phase II development |
| Ukraine | ArcelorMittal | Krivoy Rog | Casting – Billet/Bloom | 150 × 150 mm billets of 9 to 12 metre length |
| Ukraine | Dniprospetsstal | Dniprospetsstal | EAF | Vacuum induction furnace planned also |
| USA | Infra Metals | New Boston, Ohio | SSC | Construction of steel distribution centre to begin Spring 2011 |
| USA | Nucor | Louisiana | Blast Furnace | 1st Phase of 3m ton/year pig iron project |
| USA | SunCoke | Middletown Works | Coke Ovens | SunCoke investment on site next to AK Steel's Middletown Works in Ohio |
| Vietnam | Kobe Steel | Hoang Mai Ind Zone | DRI [ITmk3] | First phase is 2 units x 600 kt each. 2nd phase is same again |
| Vietnam | Southern Sheet Steel | Phu My Town | HSM | 18-month construction period; finance from HSBC Bank (Vietnam) Ltd |
Source: MCI research. Data as of 2011.
See also: analysis of plant and equipment suppliers
Metals Consulting International (MCI) maintains a database of over 1,300 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
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