voestalpine

The product is made from hydrogen-reduced iron and scrap

The company justifies this step by the negative economic conditions for industrial companies in Germany

Energy costs in the country are too high by European and international standards

Commissioning of the unit is planned for 2027

After reaching full capacity, the enterprise will annually produce 205,000 tons of special steel for industry

Construction of the unit with a capacity of 1.6 million tons of steel per year is planned to begin in 2024

Saw wire production has been unprofitable for several years, despite restructuring efforts and capacity investments

This was an important step for the greentec steel company program

The commissioning of the electric arc furnace is planned for 2027

For almost 20 years, the metallurgical plant in Linz was one of the main clients of the UDP, but in 2014 cooperation ceased

The project is planned to be implemented at the voestalpine plant in Linz, Austria in the fourth quarter of 2023

The planned repair of the unit will last three months