Iron & steel industry 2024 investments.
Steel Industry Capital Investments.
Modernisation & capacity expansion projects 2024
| Country | Investor | Facility | Equipment | Capacity kt | Capex $m |
| Brazil | Simec | Pinda plant | Mini-mill expansion | 500 | 300 |
| Canada | Algoma | Sault Sainte Marie | EAF | 3356 | 557 |
| Canada | A-M Dofasco | Hamilton | DRI | 2500 | 1434 |
| China | Fujian Baotai Stainless | Fuzhou | CRM - stainless | 1100 | 775 |
| Egypt | Air Liquide | Ain Sokhna | Air separation unit | 770 | 80 |
| USA | Nucor | Lexington | Micro mill | 390.01 | 350 |
| USA | Ternium | Shreveport | Organic coating line | 120 | 98 |
| USA | US Steel | Big River Steel | HDG | 295 | 280 |
| Uzbekistan | UMP | Bekabad | EAF/thin slab/HRC | 1000 | 770 |
| Vietnam | Hoa Phat Group | Hoa Phat Dung Quat 2 | BOF / CC / +++ | 5600 | 3670 |
Number of capital investment records shown: 10
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All investment and modernisation projects above are scheduled for commissioning in year 2024. Capacity data is expressed in metric tonnes.
MCI maintains a database of over 1200 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 and so on. Email info@steelonthenet.com
or call +44 775 149 0885 for further information.
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To contact us about year 2024 iron & steel sector modernisation projects email info@steelonthenet.com.