22
Mar
17:07
Voestalpine lines up €1.5 billion for steelmaking transition
The supervisory board of voestalpine has approved an investment of around €1.5 billion ($1.6 billion) for the construction of one electric arc furnace at each of its two sites in Austria, Linz and Donawitz.
The necessary preparatory work is already in full swing and construction of the two EAFs is scheduled to start next year, the Austrian group tells Kallanish. These will ultimately replace two blast furnaces by 2027, reducing the steelmaker’s CO2 emis…
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Anonymous
Very good overview of the weekly steel market.
Anonymous