Capital Investments Data
2018 Analysis: Investment in 2018 showed concentration in key emerging markets with India leading in project count across diverse segments including pellet plants, coke ovens and cold rolling. Russia focused on raw materials infrastructure with PCI and pellet investments. Brazil saw major slab export projects from Vale including joint ventures with POSCO. Indonesia expanded integrated steelmaking with blast furnace and HSM additions. Notable diversification into African markets with Algeria's major DRI-based investment and Ghana's rebar facility.
| Country | Company | Location | Project | Description |
|---|---|---|---|---|
| Algeria | Tosyalı Holdings | Oran Works | Steelmaking/Bar | Feedstock of purchased DRI, scrap and pig iron for EAF |
| Brazil | ArcelorMittal | Vega do Sul | Coating | Project is awaiting clearance |
| Brazil | CSN | Congonhas | Pellet Plant | Stage II investment via Nacional Minérios SA, CSN mining unit |
| Brazil | Vale | Anchieta, Espírito Santo | Steelmaking/Slab | Export slab plant – Espírito Santo State |
| China | Valin ArcelorMittal jv | Loudi Works | Cold Rolling Complex | JV of ArcelorMittal and Hunan Valin Iron & Steel Co for high-strength automotive steels |
| Finland | Outokumpu | Special Products Division | Plate Mill | Stainless Quarto plate 30% capacity expansion |
| Ghana | United Steel Company | Tema Steel Works | Steelmaking/Bar | This is United's 2nd rebar works in Ghana. New plant will make TMT quality rebar |
| India | JSW Steel | Toranagallu | Cold Rolling | For high strength steel incl galv and galvanneal to 1,870 mm |
| India | Tata Steel | Kalinganagar | Air Separation Unit | 2 new ASUs, each 1,200 tonnes per day |
| India | VISA SunCoke Limited | Kalinganagar | Coke Ovens | Sun Coke Energy / Visa Steel 49:51 jv incl heat recovery + steam generation |
| Indonesia | Krakatau Steel | Cilegon | Blast Furnace | Blast furnace complex to be located on 60 hectare plot |
| Indonesia | Krakatau Steel | Not Disclosed | HSM | New HSM will increase HRC capacity from approximately 2.4 to 3.6 Mt/yr |
| Kazakhstan | ENRC | Sokolov-Sarbai Works | DRI | 1.8 Mt/yr merchant HBI facility. Project started in 2008 but suspended due to financial crisis |
| Mongolia | Red Hill Energy | Ulaan Ovoo | Coal Washing Plant | Assessments are from (public) pre-feasibility study |
| Russia | NLMK | Novolipetsk | PCI | PCI for BF #4 (capacity 1.8 Mt) + BF #5 (2.6 Mt) |
| Russia | NLMK | Stoilensky Works | Pellet Plant | Pellet plant and infrastructure for production of high-grade >65% Fe pellets |
| Russia | TMK | Seversky Tube Works | Seamless Tube | Pipe diameter 168–339 mm, wall thickness 6.4–40.0 mm |
| Slovenia | Slovenian Steel Group | Metal Ravne | Vacuum Degassing | New vacuum station (VD/VOD) in the steel plant secondary metallurgical centre |
| Ukraine | Metinvest | Yenakievo Iron & Steel | PCI | PCI for BFs 1, 3 & 5 operating at 180 kg of injected coal per tonne of hot metal |
| USA | California Steel | California Steel Industries | Welded Tube | High-strength ERW pipe, up to 24 inches in diameter and up to 80 feet in length |
| Venezuela | Sidor | Puerto Ordaz Plant | Continuous Casting – Billet | Billets for rebar and wire rod |
| Vietnam | POSCO | POSCO SS Vina Steel Factory | Steelmaking/Bar | New steel mill in southern Ba Ria-Vung Tau province. Site area of approximately 49 hectares |
Source: MCI research. Data as of 2018.
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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