Capital Investments Data
2025 Analysis: Investment in 2025 reflected accelerated decarbonisation with major hydrogen-based DRI and EAF projects replacing blast furnaces. Spain and Germany led European green steel transition. Saudi Arabia invested heavily in integrated DRI/EAF capacity. USA expanded micro mill footprint with hybrid-ready technology. Russia and Turkey maintained diverse infrastructure development. Notable focus on electrical steel for electric vehicle markets.
28
Projects Shown
16
Countries
4 DRI/H₂
4 EAF, 3 Micro Mills, 3 HDG
Project Categories:
Melting/Raw Materials
Rolling Mills
Coating/Finishing
| Country | Company | Location | Project | Description |
|---|---|---|---|---|
| Australia | Rio Tinto / Baowu jv | Western Range | Iron Ore Mine | Includes construction of primary crusher and an 18 km conveyor system |
| Brazil | Anglo American | Minas-Rio | Slurry Pipeline | 529 km long pellet feed-transporting slurry pipeline |
| Brazil | Vale | Marabá | Blast Furnace | Green pig iron plant, using Tecnored technology. Initial capacity 250 kt, will expand to 500 kt |
| China | Fujian Tsingtuo | Fu'an City | Plate Mill – Stainless | US$280m project for up to 1 Mt of up to 3,500 mm width stainless steel plate |
| China | POSCO | Zhangjiagang Works | Plate Mill – Stainless | Line will produce stainless steel plate 8–80 mm thickness and widths 1,500–4,100 mm |
| China | Valin Lianyuan I&S | Valin Lianyuan | HDG | New line will be for use in high-end household appliances |
| Czech Republic | Liberty Steel | Nová Huť | EAF | Two 200 t EAFs with total capacity 3.5 Mt will replace existing tandem furnaces |
| Germany | Salzgitter | Flachstahl Works | EAF | EAF with 220 t tap weight. Start-up end 2025 |
| India | Jupiter Wagons jv | Jupiter Tatravagonka | Railway Wheels | Aims to increase output of forged wheels from 20,000 to 100,000 units/yr |
| Kazakhstan | Fincraft Resources jv | TB Alloys Kazakh | Submerged Arc Furnace | Investor joint venture has been named TB Alloys Kazakh Ltd |
| Kazakhstan | Government of Kazakhstan | Ekibastuz | Ferroalloy Plant | For production of ferrosilicon. Will create 245 permanent jobs |
| Korea | POSCO | Gwangyang | Electrical Steel | Plant for non-oriented electrical steel >=0.1 mm gauge for eco-friendly vehicles |
| Mexico | Talleres y Aceros | Tyasa Works | Bar Mill – Alloy | Equipped with inspection + conditioning lines, cold finishing lines and heat treatment |
| Peru | Unacem / Grupo Calidra jv | Not Specified | Lime Plant | 600 t/d lime plant. Commissioning in early to mid-2025 |
| Russia | Evraz Holdings | ZMSK Zapsib | Coke Ovens | Coke battery No. 2, incl infrastructure, chemical product recovery |
| Russia | Evraz Holdings | ZMSK Zapsib | Endless Casting Rolling HRC | Endless casting-rolling plant for production of HRC 0.8–16 mm gauge |
| Russia | Metalloinvest | Lebedinsky GOK | DRI | New HBI plant. Will create 375 jobs. Commissioning in H2 2025 |
| Saudi Arabia | Essar Group | Ras Al Khair | DRI/EAF/CC/HSM/CRM | Planned 5 Mt/yr flat steel plant: 2 × 2.5 Mt/yr DRI, HSM (hot rolled coil), 1 Mt/yr cold rolling mill and tinplate line. Not yet built; Essar targets 2030 |
| Saudi Arabia | JO Steel Holdings | Ras Al Khair | EAF/CC/Billet | Plant to commence operation Q1 2025 |
| Saudi Arabia | SeAH Gulf | SeAH GSI | Seamless Tube | New stainless steel seamless pipe complex will span almost 178,000 sq metres |
| Spain | ArcelorMittal | Sestao | Decarbonisation | Green hydrogen direct reduced iron (DRI) plant + new hybrid EAF |
| Turkey | Borcelik | Gemlik Works | CRM/HDG | Continuous pickling and cold rolling line 1.8 Mt plus HDG line of 550 kt |
| Turkey | Oyak / JFE Steel | Hekimhan | Pellet Plant | Commissioning planned for first half of 2025 |
| Turkey | Tosyalı Holdings | Toscelik | Solar Power | Solar power plant area 147.28 hectares; installation of 179,452 solar panels |
| Ukraine | Metinvest | Ilyich Steel | CRM/HDG/AlZn | CRM incl pickling line + lines for zinc, aluminium zinc and polymer coatings |
| USA | CMC | Berkeley County | Micro Mill | 4th CMC micromill "MM4". Hybrid-ready, MIDA QLP plant |
| USA | Nucor | Berkeley | HDG | 500,000 short ton annual capacity and will process coils up to 72 inches wide |
| USA | Pacific Steel | Mojave | Micro Mill | MiDa Hybrid micro mill. Renewable energy sources. Straight + spooled bar |
Source: MCI research. Data as of 2025.
See also: analysis of plant and equipment suppliers
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