voestalpine
Latest News
Voestalpine Constructing Direct Reduction Plant in Texas
13 March 2013 - The decision on the location of the voestalpine Group’s direct reduction plant in North America has been made. The plant will be constructed on the La Quinta Trade Gateway in San Patricio County, just outside the city of Corpus Christi, Texas, USA.
German Federal Cartel Investigating voestalpine Deutschland
01 March 2013 - The offices of voestalpine's German subsidiary voestalpine Deutschland GmbH in Munich were searched on 28 February 2013 by the Federal Cartel Office due to alleged violation of antitrust law regarding steel deliveries to the German automotive industry. voestalpine says it supports the investigation by the authority.
Voestalpine Rotec to Invest US$1.4 Million in New Line
13 February 2013 - Lafayette, Ind., manufacturer Voestalpine Rotec, which makes precision steel tubes and other products for the automobile industry, is investing in a new product line, a local newspaper reports.
Voestalpine Reports High Degree of Stability Despite Challenging Times
07 February 2013 - The voestalpine Group reported its fiscal third quarter results, noting that it expects similar results in the current quarter as seasonal factors and a challenging economic environment continue.
voestalpine Group Outlines Group Strategy Through 2020
20 December 2012 - The exchange-listed voestalpine Group has set ambitious goals up to the year 2020: With a clear focus on the customer segments Mobility and Energy and on non-European growth markets, and with profitability remaining at virtually at the same level compared to the last few years, sales are projected to soar from the most recent € 12.1 billion to approximately € 20 billion.
Report: voestalpine Mulls $1 Billion U.S. Plant
17 December 2012 - Austria's group Voestalpine is considering a plan to build a US$1 billion plant in the U.S. that would convert iron ore into concentrate used in steelmaking, Reuters reported Trend magazine as saying.
Voestalpine Stahl Places Order for New Charging Car with SCHALKE
07 December 2012 - In October 2012 voestalpine Stahl AG in Austria placed an order for designing and manufacturing a new charging car with Schalker Eisenhütte.
voestalpine Celebrates 60 Years of the LD Process
30 November 2012 - The voestalpine Stahlwelt in Linz, Austria, is currently hosting a special exhibition on 60 years of the LD process, showing how this innovation has changed the world. The LD process was one of the century’s most significant industrial inventions, revolutionizing the global steel industry at a stroke.
Voestalpine Breaks Ground on New U.S. Plant
19 November 2012 - On 14 November 2012, the voestalpine Group held a groundbreaking ceremony for its Metal Forming Division’s new plant in Cartersville, Ga.
voestalpine Reduces Profit Projection by €100 Million
07 November 2012 - Austrian steelmaker voestalpine cut its profit projection for the year by €100 million due to "ever growing economic uncertainty" and worsening conditions over the past several months.
Voestalpine Calls for EU Plan to Shrink Steel Industry
10 September 2012 - Austrian steelmaker Voestalpine’s chief executive called on Friday, 7 September for European politicians to help come up with a plan to cut capacity in Europe’s ailing steel industry in a controlled way, to avoid having to prop up the sector with government bailouts, according to Reuters.
voestalpine Takes the Next Step in Its Expansion Strategy in the U.S.
23 August 2012 - In the next several years, voestalpine will be investing more than €100 million in new plants in China, the U.S., South Africa, Romania, and Germany as part of a comprehensive globalization strategy in the automotive sector. Now the first concrete step is being taken overseas. A production facility is being erected in the U.S., with a construction budget of €50 million.
voestalpine Steel Service Center Romania Opens For Business
23 August 2012 - A major milestone was celebrated on 23 July 2012 in Giurgiu, Romania: the start of production operations at voestalpine Steel Service Center Romania SRL.
Siemens to Supply Vacuum Decarburization Plant for Foundry in Austria
05 July 2012 - The voestalpine Giesserei Linz GmbH, part of the Steel Division of the listed voestalpine corporation, ordered a 50-ton vacuum oxygen decarburization (VOD) plant with mechanical vacuum pumps from Siemens VAI Metals Technologies.
Siemens to Modernize Pickling Line Tandem Cold Mill at voestalpine Stahl
21 June 2012 - voestalpine Stahl GmbH has placed an order with Siemens to modernize the coupled tandem pickling line No. 1 at its Linz plant in Austria.
voestalpine Achieves New Record Revenue of Over EUR 12.1 Billion
01 June 2012 - At EUR 12.1 billion, the voestalpine Group generated the highest revenue in the company’s history during the business year 2011/12.
voestalpine Plans Streamlined Structure for Special Steel Division
24 September 2009 - voestalpine AG will extensively restructure its Special Steel Division in order to increase productivity and efficiency and form a stronger focus on fewer key areas.
Siemens VAI to Install Metal Coating Line for Steelscape
20 March 2006 -
Siemens VAI to Replace Cosipa Slab Caster
01 December 2005 - Siemens’ Industrial Solutions and Services Group (I&S) has received an order from flat-steel producer Companhia Siderúrgica Paulista (Cosipa), Brazil, to replace their existing Slab Caster No. 3 located in Cubatão.
Stein Heurtey to Supply Walking Beam Furnace for VA Stahl Upgrade
01 November 2005 - Stein Heurtey was recently awarded a contract by voestalpine Stahl GmbH for the turnkey supply of a 420 tonnes per hour Digit@l walking beam furnace. Stein Heurtey will also supply the charging and discharging machines.