8,898.23 TRY BIST 100 BIST 100
4.90 CNY CNY CNY
34.20 USD USD USD
37.72 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.10 TRY Interest Interest
77.51 USD Fossil Oil Fossil Oil
32.24 USD Silver Silver
4.55 USD Copper Copper
108.54 USD Iron Ore Iron Ore
367.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,935.56 TRY Gold (gr) Gold (gr)

New investment from the Austrian steel giant

Austrian voestalpine AG will invest 1.5 billion Euros for its green steel project.

New investment from the Austrian steel giant

Austrian steelmaker voestalpine AG plans to build an electric arc furnace at its facilities in Linz and Donawitz. The company, which will start the construction of the project in 2024, will spend approximately 1.5 billion Euros for this investment.

The two blast furnaces are scheduled to be commissioned in 2027 and are expected to produce 2.5 million tons of low carbon emission steel per year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

UK to invest a massive £21.7 billion in carbon capture and hydrogen production

Friday, October 4, 2024

Hydnum Steel: Green steel revolution starts in the Iberian Peninsula!

Sunday, October 6, 2024

Mine Workers Union: "Imported coal is leaving domestic producers jobless"

Sunday, October 6, 2024

Renewable energy: Regulations key to competitiveness

Sunday, October 6, 2024

Trade Minister Bolat gives green light to exporters

Sunday, October 6, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now