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38 news items from Austria. Show all
Voestalpine has successfully commissioned a suite of advanced processing equipment from Andritz at its Cold Rolling Mill #3 in Linz, Austria. The delivery includes a continuous pickling line, acid regeneration and…
Austrian steelmaker Voestalpine is calling on the federal government to support energy-intensive industries by reinstating electricity price compensation, a measure widely used across the EU to maintain competitiveness…
Austrian steelmaker Marienhutte will upgrade its bar production line in Graz using Danieli's newly patented Twin Drum technology. The revamp, covering the largest part of the finishing area, will replace the existing…
Primetals Technologies, in partnership with Mitsubishi Corporation, Rio Tinto, and Voestalpine, has signed an agreement to accelerate the development of fluidized bed and smelter technologies for net-zero CO2 emissions…
Voestalpine Donawitz has successfully restarted its LD converter (BOF) No. 4 after a revamp by Primetals Technologies. The updated converter, with a tapping weight of 67 tons, replaces the previous one, which had…
Austrian steelmaker Voestalpine reported a sharp decline in net profit for the first three quarters of FY25, ending December 31, 2024. Profit after tax dropped to EUR 207 mln (USD 214 mln), down from EUR 415 mln in 9M…
RHI Magnesita has completed its acquisition of US-based Resco Group from Balmoral Funds LLC and management for USD 410 mln, marking the company's largest investment since its 2017 merger. Resco's refractory products…
Voestalpine Bohler Welding, a global leader in welding technology, has been expanding its local presence in India, investing around EUR 3 mln (USD 3.12 mln) in recent years. Future projects, including adding solid wire…
Austria's Voestalpine Tubulars has successfully commissioned a new profile rolling mill, designed and engineered by Friedrich Kocks GmbH & CO KG. The new equipment is now fully integrated into the hot tube rolling mill…
Voestalpine has selected international technology group Andritz to modernize the electrical and automation systems of a hot-dip galvanizing line at its steel mill in Linz, Austria. This processing line, operational…
Voestalpine has finalized negotiations for the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a well-known investment company based in Wetzlar, Hessen. The sale is pending approval from the…
Voestalpine, an international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 mln (USD 558 mln). The five-year bond carries a 3.75pct coupon and attracted strong…
Voestalpine Group's Steel Division will withdraw from the cam units and sliding elements business at its Linz site, gradually discontinuing the operations of Voestalpine Camtec GmbH by the end of the 2025/26 business…
SKF and Voestalpine Wire Technology have successfully developed the first prototype bearing using steel containing hydrogen direct reduced iron (H-DRI), marking a milestone in decarbonizing bearing production. H-DRI…
Voestalpine, Europe’s major steelmaker, has secured a EUR 300 mln (USD 321 mln) loan from the European Investment Bank (EIB) to support its research and development (R&D) program over the next four years. The funding…
Refractory producer, RHI Magnesita reported a revenue of EUR 1.73 bln (USD 1.91 bln) for the six months ending on June 30, marking a notable 9pct increase compared to the same period in 2022. This growth was primarily…
The Voestalpine Group’s Metal Forming Division, a leading supplier of innovative vehicle restraint systems based in Krems, Austria, is making Europe’s roads safer. In the largest individual project in its road safety…
Voestalpine Group, based in Austria, reported a 22.1pct YoY increase in revenue, reaching EUR 18.2 bln (USD 19.5 bln) for the business year 2022/23, ended on March 31, 2023. The company stated that this revenue figure…
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