Actually, the stiffness of normal carbon fiber/epoxy composite is lower than that of structural steel. If the weight of the retrofitting material is not that a big deal, I don't see the necessity of using it, since it is much more expensive that steel plate.
The features of carbon or glass composites include high strength/weight ratio, high stiffness/weight ratio, good corrosion resistance, good fatigue properties and so on, but not the absolute stiffness value.