voestalpine Embarks Upon a New Era in Steelmaking
09/14/2023 - voestalpine has broken ground on a EUR450 million electric arc furnace (EAF) at its Donawitz plant in Austria, the first of two that the steelmaker will build, the company has said.
In a statement, voestalpine said the EAF is part of its plan to move to low-emissions steelmaking. The plant will be capable of producing 850,000 metric tons of steel annually, and commissioning is to take place in three years.
“(We are launching) the next generation of steel production. The partial conversion to electric arc technology at our two sites in Linz and Donawitz alone allows us to reduce local CO2 emissions by around 5% from 2027. That makes greentec steel Austria’s largest climate protection program,” said Herbert Eibensteiner, voestalpine chief executive officer.
