voestalpine targets first electric arc furnace start-ups in 1H 2027 under greentec steel program
Bitget2026/09/22 11:15- voestalpine set a new decarbonization milestone under its greentec steel program, targeting the start-up of its first electric arc furnaces in Linz and Donawitz in the first half of 2027.
- The move forms part of a broader plan to gradually cut emissions from steel production while the group shifts further toward higher value-added processing segments.
- The strategy update also outlined growth priorities in future-facing markets, led by Railway Systems.
- Railway Systems revenue is targeted to rise to about EUR 3 billion by 2030/31 from around EUR 2.2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.
JPMorgan raises target prices for Target and Walmart
Orient Precision Industries Holds Extraordinary Shareholders Meeting
Crypto prices
More
