Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Oman-Russia Trade Surge Highlights Growing Market Diversification

    October 23, 2026

    UAE’s Investment Strategy Targets €15 Billion Boost in Greek Market

    October 23, 2026

    European Fuel Market Experiences 31.4% Surge in September Prices

    October 22, 2026
    • Automotive

      Jaguar Type 01 electric GT debuts with 1,030 PS

      October 7, 2026

      Porsche reduces employee bonuses and defers wage increases

      July 28, 2026

      FIA backs V8 engine return for F1 World Championship

      July 4, 2026

      BMW i3 debuts as electric 3 Series with 800 volt tech

      April 6, 2026

      Mercedes-Benz lists S 500, S 580 and S 580e for 2027

      January 30, 2026
    • Business

      Oman-Russia Trade Surge Highlights Growing Market Diversification

      October 23, 2026

      UAE’s Investment Strategy Targets €15 Billion Boost in Greek Market

      October 23, 2026

      Italy’s Economic Outlook Brightens with 2026 Growth Revised Upward to 1%

      October 19, 2026

      European Market Eyes Rising EU Debt as Borrowing Approaches €1 Trillion

      October 16, 2026

      European Union’s Debt Outlook: Approaching €1 Trillion as Interest Expenses Mount

      October 9, 2026
    • Entertainment

      Affleck faces scrutiny over AI comments amid industry transition

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      Optogenetics Innovation Drives 2026 Nobel Medicine Recognition in Neurotechnology Sector

      October 6, 2026

      Healthcare Industry Highlights: Study Shows Environmental and Lifestyle Factors Accelerate Biological Aging

      October 3, 2026

      Heat Safety Strategies for Large-Scale Event Management by WHO

      October 2, 2026

      Cardiology sector explores pomegranate-derived compound for potential heart failure treatment

      October 1, 2026

      Health Sector Calls for Action as El Niño Escalates Global Risks

      September 24, 2026
    • Lifestyle

      Adidas urges positive sidelines with Sideline Essentials guide

      March 3, 2026

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      European Fuel Market Experiences 31.4% Surge in September Prices

      October 22, 2026

      European Green Technology Sector Gains €3.4 Billion Investment in 77 Innovative Projects

      October 20, 2026

      EU’s New Anti-Trafficking Plan Targets Rising Victim Numbers and Cybercrime Networks

      October 17, 2026

      EU Enhances Security Measures in Schengen System to Counteract Terrorism and Crime

      October 16, 2026

      Market Reactions Mixed Following Trump’s Energy Truce Announcement

      October 12, 2026
    • Sports

      Spain reach World Cup last eight after Portugal win

      July 7, 2026

      Norway reaches World Cup quarterfinals after Brazil win

      July 6, 2026

      Egypt defeat Australia 4-2 on penalties after 1-1 draw

      July 4, 2026

      Spain reaches World Cup last 16 with Austria victory

      July 3, 2026

      England advances after late Kane goals beat Congo DR

      July 2, 2026
    • Technology

      Advanced Welding Technique Promises Stronger Metal Joints for Automotive and Aerospace Sectors

      October 21, 2026

      European Defence Sector Set to Benefit from €115 Million AGILE Innovation Fund

      October 13, 2026

      UK’s Cybersecurity Sector Enhances AI Defense Measures Following Government Testing

      October 13, 2026

      Russia’s Autonomous Delivery Sector Targets 12,000 Robots in Three-Year Expansion Plan

      October 9, 2026

      Market Impact: Denmark Broadens Investigation into Data Breach Affecting 8.8 Million Records

      October 7, 2026
    • Travel

      European Tourism Sector Experiences 1.321 Billion Overnight Stays in H1 2026

      September 3, 2026

      Tourism Sector Sees Growth as Russia Welcomes 2.5 Million International Visitors in Early 2026

      September 2, 2026

      Shropshire Expands Benefits for Disabled Transit Passholders with Complimentary Weekday Bus Services

      August 22, 2026

      Aviation Industry Update: Etihad Introduces New Seasonal Route from Abu Dhabi to Gothenburg in December

      August 13, 2026

      European Travel Sector Faces New Border Control Measures as Spain Reinstates Checks from Italy

      August 10, 2026
    Irish BeaconIrish Beacon
    • Home
    • Contact Us
    Irish BeaconIrish Beacon
    Home » Voestalpine electric furnace strengthens Austria green steel
    Business

    Voestalpine electric furnace strengthens Austria green steel

    July 8, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    DONAWITZ, AUSTRIA / EuroWire / – Austria’s shift toward lower-carbon industry advanced with progress on voestalpine’s new electric arc furnace at Donawitz, one of two major steel decarbonization projects under the company’s greentec steel program. The plant forms part of a move away from coal-heavy blast furnace production toward electric steelmaking powered by green electricity. It also links one of Austria’s main industrial sectors to the country’s climate neutrality goal for 2040.

    Voestalpine electric furnace strengthens Austria green steel
    Electric steelmaking strengthens Austria’s path toward lower industrial emissions.

    The Donawitz furnace stands in Styria, a long-established steelmaking region that supplies high-grade steel for rail, automotive and engineering uses. The project will add electric steel production to the existing site from 2027. voestalpine says the Donawitz unit will produce about 850,000 tons of CO2-reduced steel a year once operations start. The company is also building a larger electric arc furnace at Linz.

    Electric arc furnaces melt scrap steel and other metallic inputs with electricity rather than relying mainly on coke and coal. That change can cut direct emissions from steelmaking when the power supply comes from renewable sources. At Donawitz, the new furnace will work alongside the current blast furnace route during the transition. The company says this mixed setup will allow one blast furnace to close as early as 2029.

    Electric steelmaking moves into core production

    The Donawitz project is part of a 1.5 billion euro investment package approved for the first phase of greentec steel. Together, the Linz and Donawitz furnaces are designed to produce about 2.5 million tons of CO2-reduced steel each year from 2027. The two sites account for a major share of Austria’s steel output. Their conversion marks one of the country’s largest industrial climate programs.

    The first phase aims to cut voestalpine’s direct carbon emissions by about 30% by 2029 compared with 2019 levels. The company has said that equals nearly 4 million tons of CO2 a year. It also says the reduction represents about 5% of Austria’s total annual emissions. Those figures place the project among the most significant private-sector climate measures in the country.

    Austria links steel industry to 2040 climate target

    Austria has set a national target to reach climate neutrality by 2040. Heavy industry remains central to that goal because steelmaking needs high heat and large energy inputs. The Donawitz furnace does not end blast furnace production at the site on its own. It begins a staged shift in which electric production takes a larger role in steel output while older coal-based units are reduced.

    Danieli is supplying technology for the Donawitz electric arc furnace, while the Linz furnace forms the second part of the same first-stage program. The wider plan keeps steel production in Austria while lowering emissions from one of its hardest-to-abate industries. voestalpine has set a separate target to reach net zero CO2 emissions in steel production by 2050.

    Related Posts

    Oman-Russia Trade Surge Highlights Growing Market Diversification

    October 23, 2026

    UAE’s Investment Strategy Targets €15 Billion Boost in Greek Market

    October 23, 2026

    Italy’s Economic Outlook Brightens with 2026 Growth Revised Upward to 1%

    October 19, 2026

    European Market Eyes Rising EU Debt as Borrowing Approaches €1 Trillion

    October 16, 2026

    European Union’s Debt Outlook: Approaching €1 Trillion as Interest Expenses Mount

    October 9, 2026

    Trade sector shows optimism as WTO upgrades 2026 growth projections

    October 9, 2026

    Editor's Pick

    Oman-Russia Trade Surge Highlights Growing Market Diversification

    October 23, 2026

    UAE’s Investment Strategy Targets €15 Billion Boost in Greek Market

    October 23, 2026

    European Fuel Market Experiences 31.4% Surge in September Prices

    October 22, 2026

    Advanced Welding Technique Promises Stronger Metal Joints for Automotive and Aerospace Sectors

    October 21, 2026

    European Green Technology Sector Gains €3.4 Billion Investment in 77 Innovative Projects

    October 20, 2026

    Italy’s Economic Outlook Brightens with 2026 Growth Revised Upward to 1%

    October 19, 2026

    EU’s New Anti-Trafficking Plan Targets Rising Victim Numbers and Cybercrime Networks

    October 17, 2026

    European Market Eyes Rising EU Debt as Borrowing Approaches €1 Trillion

    October 16, 2026
    © 2024 Irish Beacon | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.