Steel industry 2023 investments.
Steel Industry Capital Investments.
Modernisation & capacity expansion projects 2023
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
| Argentina | ArcelorMittal | Acindar | Wind power | 76.5 MW | 140 |
| Austria | VoestAlpine | Linz | Pickling line [flat] | 2000 | 214 |
| Belgium | ArcelorMittal | Ghent | Desulphurisation | n/a | n/a |
| Bolivia | Aceros Arequipa | Lat Am Indust Park i | ERW pipe | 60 | 20 |
| Brazil | Sinobras | Sinobras | Bar mill | 500 | 203 |
| USA | Nucor | Nucor Steel Gallatin | Structural sections | 226 | 164 |
| USA | Nucor | Not disclosed | Micro mill | 390 | 350 |
| USA | US Steel | Big River, Arkansas | Electrical steel | 180 | 450 |
| USA | US Steel | Gary Works | Pig iron caster | 450 | 60 |
| Vietnam | Kyoei Steel | Vietnam Italy Steel | Bar mill | 500 | 80 |
New Baowu EAF at Zhanjiang is to be a zero-carbon hydrogen shaft furnace.
New US Steel production plant in Arkansas will produce non-grain oriented electrical steel.
Expansion of pig iron output at US Steel Gary Works is to provide EAF iron unit feedstock.
Number of capital investment records shown: 10
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All investment and modernisation projects above are scheduled for commissioning in year 2023. Capacity data is expressed in metric tonnes.
MCI holds a database of over 1050 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.
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To contact us about year 2023 iron & steel sector modernisation projects email info@steelonthenet.com.