News
Expansion in production capacity to 1.5 million tons of CO2-reduced steel
The EAF plant currently under construction will be capable of producing around 850,000 tons of CO2-reduced steel annually as of 2027. With the expansion, production capacity will increase to up to 1.5 million tons of CO2-reduced steel per year by 2030. The investment budget for the capacity expansion, which has already been approved by the Supervisory Board of voestalpine AG, amounts to approximately EUR 100 million, and is among other things intended to be used for a further upgrade to the power supply, the construction of a third secondary metallurgy line, and an expansion in scrap logistics. There are still some outstanding funding issues that need to be resolved before construction can begin.
The technological conversion will mean that the two blast furnaces and the sinter plant can be decommissioned. Jobs will be created at the new steel plant over the next three years. Training and professional development programs are already underway for employees. Further internal or Group-wide job opportunities will also become available. “This transformation is indirectly securing the more than 5,000 jobs at the Metal Engineering Division’s Styrian locations,” says Eibensteiner.
Key Project Milestones in 2026
The construction and technical work is proceeding according to schedule, with some key project milestones reached in Donawitz last year: The EAF facility was built, and the required construction-related infrastructure was put in place for electricity and new raw materials supplies. Key milestones in the current year include the installation of the core facilities in the fall of 2026 and the commissioning of the power and scrap supply systems.