Capital Investments
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.
| Country ↕ | Company ↕ | Project ↕ |
|---|---|---|
| Australia | Rio Tinto / Baowu jv | Iron Ore Mine |
| Brazil | Anglo American | Slurry Pipeline |
| Brazil | Vale | Blast Furnace |
| China | Fujian Tsingtuo | Plate Mill - Stainless |
| China | POSCO | Plate Mill - Stainless |
| China | Valin Lianyuan I&S | HDG |
| Czech Republic | Liberty Steel | EAF |
| Germany | Salzgitter | EAF |
| India | Jupiter Wagons jv | Railway Wheels |
| Kazakhstan | Fincraft Resources jv | Submerged Arc Furnace |
| Kazakhstan | Government of Kazakhstan | Ferroalloy Plant |
| Korea | POSCO | Electrical Steel |
| Mexico | Talleres y Aceros | Bar Mill - Alloy |
| Peru | Unacem / Grupo Calidra jv | Lime Plant |
| Russia | Evraz Holdings | Coke Ovens |
| Russia | Evraz Holdings | Endless Casting Rolling HRC |
| Russia | Metalloinvest | DRI |
| Saudi Arabia | Essar Group | DRI/EAF/CC/HRC |
| Saudi Arabia | JO Steel Holdings | EAF/CC/Billet |
| Saudi Arabia | SeAH Gulf | Seamless Tube |
| Spain | ArcelorMittal | Decarbonisation |
| Turkey | Borcelik | CRM/HDG |
| Turkey | Oyak / JFE Steel | Pellet Plant |
| Turkey | Tosyali Holdings | Solar Power |
| Ukraine | Metinvest | CRM/HDG/AlZn |
| USA | CMC | Micro Mill |
| USA | Nucor | HDG |
| USA | Pacific Steel | Micro Mill |
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
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