The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
Austrian steel producer voestalpine has announced that it will invest around €140 million over the next few years, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is ...
Tags: Voestalpine, Invest, Energy
Austria-based steel producer voestalpine has announced that it has signed another agreement with Mexican steelmaker Altos Hornos de México (AHMSA) for the supply of 400,000 mt of hot briquetted iron (HBI) produced in Texas. ...
Tags: steel producer, voestalpine, Metallurgy
Austria-based steelmaker voestalpine has announced that it will supply 120,000 mt of high-strength linepipe plates for Brazilian multinational Petrobras' third pipeline in the world's largest oilfield, near Rio de Janeiro, Brazil, between ...
Tags: Metallurgy, Mineral, Energy
Austria-based voestalpine broke ground Wednesday on the construction of a EUR 550 million (US$760 million) direct reduction plant in Corpus Christi, Texas. The plant, which represents the largest foreign investment in the history of ...
Tags: voestalpine, mechanical equipment
Austria-based steel producer voestalpine Group has announced that it aims to raise €900 million in the next three years through a company-wide program of optimizing costs and raising efficiency across all four divisions. The company ...
Tags: steel, Metallurgy, Mineral
Austrian steelmaker voestalpine AG has announced its financial results for the first nine months ended December 31 of the fiscal year 2013-14. Accordingly, voestalpine's net profit in the first nine months decreased by 4.8 percent to ...
Tags: steelmaker, voestalpine
Austrian steelmaker voestalpine AG has announced its financial results for the first half ended September 30 of the fiscal year 2013-14. Accordingly, voestalpine's net profit in the first half decreased by 10.9 percent to €240 ...
Tags: Voestalpine, Economic Recovery
voestalpine AG plans to build 15 new plants with an investment of EUR 450 million in China by 2020, which include a special profile plant in neighbouring Shanghai, an automotive steel plant in Qinhuangdao and the second rail steel plant ...
Tags: steel, Construction
The Austrian steelmaker voestalpine Group said yesterday, October 28, that it is opening a new cold rolling plant for the production of high quality strip steel in Kematen an der Ybbs in Lower Austria. With an investment of €113 ...
Tags: Metallurgy, Mineral, Energy, Cold Strip Plant
Austria-based steelmaker voestalpine has announced that it is building Europe's most modern wire rolling mill at its Leoben-Donawitz site in Austria. The company expects to complete the construction by 2016. The wire rolling mill will ...
Tags: steel, Metallurgy, Mineral, Energy
Austria-based voestalpine released its financial result for the first quarter of the fiscal year 2013/14 (during April 1st, 2012 and March 31st, 2014). In the first quarter of the fiscal year 2013/14, voestalpine realized sales incomes of ...
Tags: voestalpine
Austrian steelmaker voestalpine AG has announced its financial results for the first quarter ended June 30 of the fiscal year 2013-14. Accordingly, voestalpine's net profit in the first quarter decreased to €139 million, falling 4.3 ...
Tags: Voestalpine, steelmaker
Germany's Federal Cartel Office Bundeskartellamt has announced the imposition of further fines amounting to almost €100 million on eight rail companies in a case involving price fixing for train track rails, with Essen-based ...
Tags: Rail Cartel Case, Cartel Office
It’s reported that Austria-based Voestalpine has commissioned Austrian plant maker Siemens and US-based technology provider Midrex to build a direct reduced iron (DRI) plant in Texas. The designed annual capacity of the DRI plant is ...