Voestalpine releases the green from the green steel project!

Voestalpine releases the green from the green steel project!

Leoben-Donawitz, Österreich - The Voestalpine implements its ambitious green steel project in Leoben-Donawitz despite the continued economic crisis, as reported by the Krone . A crucial milestone will be achieved in the construction work in the coming week, with the first blast furnace being shut down in a few years. This innovative technology is likely to reduce CO2 emissions dramatically. At the eastern end of the steel mill, an electric light arc stove will be built, which is expected to go into operation in spring 2027. Unlike conventional ovens, this does not need any coal or coke, but instead uses scrap and, above all, green electricity.

historical steps in steel production

Voestalpine has repeatedly made important adjustments and investments in its production facilities in its history. As part of its global expansion and innovation strategy, the company made in-depth changes during the financial crisis in 2008, as voestalpine.com . Despite the economic challenges, it was able to achieve remarkable sales and results growth in the 2010/11 financial year. In particular, investments in new technologies and systems have contributed to the stability of the company. With the construction of a direct reduction system in Texas and the opening of the latest production facilities in Europe and Asia, Voestalpine has significantly strengthened its market position.

Continuous innovative strength is also evident in the development of new products, such as the successful introduction of high -strength steels for automotive construction. In 2016, the world's first “PHS Directform” plant was opened in Germany, which is a significant progress in the lightweight construction of the automotive sector. While these measures have caused stability in the past, the current green steel project is viewed as an essential step towards more sustainable and environmentally friendly steel production.