Austria increased steel production by 35.8% y/y in October

In October 2025, Austrian steel companies increased steel production by 35.8% compared to the same month in 2024, to 705 thousand tons. Compared to the previous month, the figure increased by 10.2%. Thus, the country ranks 20th in the WorldSteel global ranking of steel producers.

During January-October, steel production by Austrian steelmakers increased by 5.3% compared to the same period in 2024, reaching 6.33 million tons. The indicator began to grow, while January-August saw negative dynamics. October’s production volumes are likely to be the highest since March 2022.

It should be noted that recently, the country’s main steel producer, Voestalpine AG, announced the possibility of reducing production capacity at two of its plants in the country – Voestalpine Tubulars in Kindberg and BÖHLER Bleche in Mürzzuschlag. The reason for the adjustments is pressure from US tariffs and insufficient demand for steel.

Earlier, the company highlighted problems with production costs and competitiveness. The manufacturer appealed to the authorities to renew the mechanism for compensating energy-intensive enterprises for the cost of electricity.

In general, EU steel companies reduced steel production by 3.5% y/y in October 2025 – to 10.8 million tons, and by 3.2% y/y in January-October to 105.7 million tons.

As reported by GMK Center, Austria produced 7.1 million tons of steel in 2024, which is in line with the 2023 level. The country ranked 23rd in the global ranking of steel-producing countries, while in 2022 it ranked 22nd.

Austria is home to two Voestalpine steel plants, namely Voestalpine Stahl Linz with a capacity of 6 million tons of steel per year, and Voestalpine Stahl Donawitz with a capacity of 1.57 million tons per year.