Report: voestalpine Mulls $1 Billion U.S. Plant
12/17/2012 - 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.
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 declined to comment on the report, which was released ahead of publication on Monday.
Trend said the plant was envisioned for a coastal city in the southern United States, given cheap and reliable supplies of natural gas, political stability and efficient port infrastructure.
A source familiar with the situation said such a plan was under consideration but no decisions were imminent...
