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09 Jun
14:49

Covid-19, component delays increase voestalpine Kapfenberg construction cost

Voestalpine reduced its investments in the 2020/21 business year by 21.2% on-year to €612 million ($746m) due to the impact of the Covid-19 pandemic, representatives of the firm said during an online press conference attended by Kallanish on Wednesday. However, the Austrian steelmaker initiated or pursued important projects like BETA 3 that involves a new pickling line launched at its facilities in Linz. The new CC4 continuous casting plant, which represents …
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