investment

Essar Group invests $4 billion in a steel plant in Saudi Arabia

The project to be completed by the end of 2025

Fortescue to invest $6.2 billion in carbon-free iron ore mining

Full implementation of the company's strategy will make it possible to reduce greenhouse gas emissions by 3 million tons per year

JSW Steel invests $1.3 billion to reduce emissions at its plants in India

The company plans to reduce greenhouse gas emissions by 42% by 2023

Turkish Ekinciler invests $25.2 million to increase the capacity of the steel plant

As part of the project, the company plans to increase the production of billets, rebar, wire rod and bars

Japan’s JFE Steel and India’s JSW are planning a joint venture

The second largest steel company in Japan is looking to expand its presence in the Indian market

ArcelorMittal to invest $1 billion in Kazakhstan’s production facilities

Most of the funds are intended to be used to modernize ArcelorMittal Temirtau production

Pobuzhsky Ferronickel Plant to reconstruct several treatment facilities and a warehouse

The company intends to restore wastewater and gas treatment facilities, as well as fuel and lubricants warehouse

Mexico’s miners expect a 15% increase in investment in 2022

The industry cites a number of barriers to investment growth: security problems, a high tax burden and the government's decision to stop granting concessions for projects

Voestalpine will invest €100 million in the expansion of the hot-dip galvanizing line in Linz

In the next few years, the company plans to expand the plant's capabilities to meet the future demand for steel

India approves six new steel projects in Odisha

The projects will expand the capacity of Tata Steel, ArcelorMittal Nippon Steel and other Indian companies

Primetals has completed the 1st phase of the control system modernization for Voestalpine

Modernization takes place at the company's plant in Linz, Austria

National Recovery Plan includes $750 billion investments over 10 years

About $6 billion to use for the rebuilding and development of Ukrainian steel industry