BlueScope Steel (ASX:BSL) has announced plans to increase its metal coating capacity.

The company will, subject to board approval, invest in a A$415 million expansion of the metal coating capacity at its operations in Erskine Park.

The project is expected to be in full commission and operation by the conclusion of the calendar year 2025.

This investment will reportedly add 240ktpa to the metal coating capacity.

BlueScope Steel is a leading steel company based in Australia, manufacturing a range of goods from steel building products to colorbond steel.