Key Takeaways
• voestalpine's greentec steel program is on schedule & on budget, the €1.5 billion investment reaching approximately 60% completion by end of the 2025/26 business year, electric arc furnace halls constructed at both Linz & Donawitz, & core equipment delivery confirmed for autumn 2026 ahead of first-half 2027 commissioning.
• Upon full operation by 2029, the greentec steel electric arc furnaces will reduce voestalpine's CO₂ emissions by up to 30% versus 2019 baseline levels, an absolute reduction equivalent to nearly 5% of Austria's entire annual national CO₂ output, making it the country's single largest climate protection program.
• The transition from blast furnace to electric arc furnace steelmaking will fundamentally transform voestalpine's raw material strategy from imported iron ore & coking coal to domestically sourced steel scrap, powered by Austria's predominantly renewable electricity grid, creating a structurally lower-carbon & more supply-chain-resilient production model.