After more than two years of planning, today the final location decision was taken during the Supervisory Board meeting of voestalpine AG: the most advanced special steel plant in the world, representing an investment of EUR 330 to 350 million and designed to supply the most demanding customer segments, will be erected in Kapfenberg, Austria, where it will replace the existing plant from 2021. Securing around 3,000 jobs in Styria, this major investment by the High Performance Metals Division of the voestalpine Group marks a technological milestone in the manufacture of pioneering high-performance steels for the international aerospace, automotive, and oil & gas industries.