An arc on the horizon:
Green steel until 2027
greentec steel
voestalpine, Austria’s only producer of crude steel and a global pioneer in environmental protection, has drawn up an ambitious phased plan for green steel production. Our commitment and investments in environmental and climate protection form part of our responsibility towards future generations.
greentec steel is the Group’s ambitious plan for green steel production: in the first step of this phased approach, one electric arc furnace (EAF) powered by green electricity will be built at each of the sites in Linz and Donawitz. Integrating the two green electricity-powered EAFs into steel production makes it possible to electrify energy-intensive processes, thus reducing CO2 emissions by around 30% from 2027.
To achieve the goal of carbon neutrality by 2050, we are actively researching into several new processes and investing in pilot projects that demonstrate new ways to produce steel.
greentec steel ushers in the next generation of steel production. The significance of this project goes far beyond our Group—greentec steel is Austria’s largest climate protection program.
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