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Steel Industry Capex Projects 2022

Capital Investments Data

2022 Analysis: Investment in 2022 showed resilience with major capacity expansions despite global uncertainties. Russia led with blast furnace upgrades, coating lines and rod mills at Severstal and NLMK. Turkey invested in raw materials infrastructure with coke ovens and sinter plants at Erdemir. USA focused on advanced technologies including Nucor's plate mill and US Steel's endless casting-rolling facility. Notable diversification into Asia with Philippines' integrated scrap-based plant.

9
Projects Shown
5
Countries
2 EAF, 1 BF, 1 Plate
Advanced Technologies
Project Categories: Melting/Raw Materials Rolling Mills Coating/Finishing
2022 Capital Investment Projects [Selected Projects]
Country ↕ Company ↕ Location ↕ Project ↕ Description
China Jinding Steel Handan City Works Heavy Section and Rail Mill Construction plan envisages two H-beam plants including reheating furnaces, cooling beds, straighteners
Philippines Steel Asia Manufacturing Lemery EAF/CC/Sections Scrap-based integrated plant making sections. Original start up was planned for 2021
Russia Severstal Cherepovets Blast Furnace Construction of new BF#3, 28 bn rubles investment over 4 years
Russia NLMK Novolipetsk HDG Quality HDG steel for construction, automotive, white goods industries
Russia Severstal Cherepovets Rod Mill Investment includes reheat furnace, descaling unit, rolling stands, Stelmor air cooling line, Garret winder line
Turkey Erdemir Group Eregli Works Coke Ovens Construction of the 4th Coke Battery and modernisation of the Secondary Product Facilities
Turkey Erdemir Group Eregli Works Sinter Plant New sinter plant costing approximately USD 198m to be commissioned in June 2022
USA Nucor Brandenburg EAF/CC/Plate Mill Will produce cut-to-length, coiled, heat-treated & discrete plate 60-160" wide, in gauges from 3/16" to 14"
USA US Steel Mon Valley, Clairton, PA Endless Casting Rolling HRC Endless casting-rolling plant will produce high-quality, ultra-thin strip




See also: analysis of plant and equipment suppliers

MCI maintains a database of over 1300 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.