voestalpine greentec steel: groundbreaking ceremony in Donawitz for Austria’s largest climate protection program
greentec steel is the voestalpine Group’s ambitious and feasible phased plan for green steel production. In a first step, one electric arc furnace will be constructed at each of the Linz and Donawitz sites. Converting to this technology allows the steel and technology Group to reduce its emissions by around 30%, representing annual savings of almost 4 million tons of CO2. The investment volume is around EUR 1.5 billion. This traditional groundbreaking ceremony marks the start of construction at the Donawitz site, and this major investment will bring significant economic benefits to the region.