[SMM Iron & Steel] Nippon Steel Plans EAF Investment in Slovakia

Published: Jun 23, 2026 15:43

Save

Nippon Steel has submitted plans to Slovak authorities to build an electric arc furnace at its Košice steelworks, with annual capacity estimated at 1.5–2.1 million tonnes. The project would replace part of the site’s coal-based production with lower-emission technology, while total steelmaking capacity is expected to remain at 4.5 million tonnes per year. Construction may start in 2027, with operations targeted for 2030.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

29 mins ago

[SMM Iron & Steel] NMDC Awards $317 Million Contract to RVNL for 10 MTPA Iron Ore Blending Facility

Indian state-owned miner NMDC Limited has awarded a $317 million (Rs 2,977 crore) contract to Rail Vikas Nigam Limited (RVNL) to construct an iron ore buffer stockyard and blending facility at the Visakhapatnam port. The facility features a designed material handling capacity of 10 million metric tons per annum (MTPA) and is scheduled to be completed and commissioned within 42 months. Strategically, this project will enable NMDC to pioneer India's first branded, fixed-specification blended iron ore, which is expected to command a market premium by substantially improving blast furnace efficiency for steelmakers. This infrastructure upgrade is a vital step in NMDC's broader expansion roadmap, supporting the company's target to nearly double its total iron ore mining capacity from a record 53.15 million mt in FY2026 to 100 million mt by 2030, thereby reinforcing both domestic and global supply chain stability.

29 mins ago

1 hour ago

Data: SHFE, DCE market movement (Jun 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Jun , 2026

1 hour ago

[SMM Iron & Steel] NMDC Awards RVNL Iron Ore Stockyard and Blending Project

India’s state-run miner NMDC awarded RVNL a contract worth around 317 million USD to build an iron ore buffer stockyard and blending facility at Visakhapatnam port. The project will have a material handling capacity of 10 million tonnes per year and is scheduled for completion within 42 months. Once operational, the facility should improve NMDC’s inventory control, blending capability and raw material logistics efficiency.

1 hour ago