OUR PATH TO A GREEN FUTURE
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THE NEXT GENERATION OF STEEL PRODUCTION
greentec steel - our path to a green future
Read more on our blogOUR PATH TO A GREEN FUTURE
Innovations for tomorrow’s steel production
Blog article: Our goal 2030
THE NEXT GENERATION OF STEEL PRODUCTION
greentec steel - our path to a green future
Blog article: H2FUTURE projectMajor challenges in the European steel industry
The technological transition toward green production poses major challenges for the entire European steel industry. As voestalpine—Austria’s sole crude steel producer and a global pioneer in environmental protection—we are actively committed to more sustainable steel production. Our commitment and investments in environmental and climate protection are part of our responsibility to future generations.
With greentec steel, we have a clear strategy. As a first step, we will partially transition our production to electrified steelmaking. The green-power-driven facilities in Linz and Donawitz will go into operation as planned in the first half of 2027. Both projects are on track in terms of both schedule and budget. The integration of electric arc furnaces (EAF) into steel production makes it possible to electrify CO2-intensive processes, thereby reducing CO2 emissions by approximately 30% by 2029 compared to 2019.
Next Steps Starting in 2030
The next steps starting in 2030 are also clear. As planned, we will shut down one additional blast furnace each in Linz and Donawitz starting in 2030. In Donawitz, subject to unresolved funding issues, we plan to continue expanding the EAF facility—which is scheduled to go into operation in 2027—through 2030. With this step, we could transition fully to electrified steel production starting in 2030. For the Donawitz site, this would mean a reduction in CO₂ emissions of more than 90 percent compared to 2019.
The Group-wide goal remains: net-zero COâ‚‚ emissions in steel production by 2050
To this end, we are already conducting research on several new processes and investing in pilot projects that point the way toward new approaches to steel production. A particularly important prerequisite is the sufficient availability of electricity from renewable energy sources at economically viable prices. Only then will it be possible to operate these future technologies in a truly competitive manner.
Major reduction in CO2 emissions by 2029
The integration of the two green-power-driven electric arc furnaces into steel production starting in the first half of 2027 will make it possible to electrify energy-intensive processes, thereby reducing CO2 emissions by approximately 30% by 2029 compared to 2019. This corresponds to a reduction of just under 4 million metric tons of CO2, or nearly 5% of domestic emissions per year. greentec steel is thus the largest climate protection program in Austria.
greentec steel ushers in the next generation of steel production. We are investing EUR 1.5 billion over the coming years to achieve this. The significance of this project goes far beyond our Group—greentec steel is Austria’s largest climate protection program.
