The Project

The Project is voestalpine’s largest foreign direct investment and a major step in achieving a low-carbon economy

voestalpine is investing in a natural gas based direct reduction plant with an annual capacity of 2 million metric tons of Hot Briquetted Iron (HBI). HBI is a high-grade feedstock for the production of high-quality steel grades.

Half of the production volume will be shipped to our existing Austrian steel mills in Linz and Donawitz for the production of sophisticated steel grades. The remainder will serve as a strategic reserve and will also be sold to partners interested in longer-term contracts.

Facts & Figures

  • Investment: $740 million
  • Calculated additional economic impact to the region: $1 billion
  • Groundbreaking: April 2014
  • Projected Startup: First Quarter 2016
Your contact partner

Jonas Chupe

Head of Communications and Public Relations

T: +1 (361) 704 9000

F: +1 (361) 704 9090

E: office.texas@voestalpine.com

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