voestalpine targets 30% CO2 emissions cut by 2029 under greentec steel program

Austrian steelmaker voestalpine aims to reduce CO2 emissions by up to 30% by 2029 compared to 2019 levels as part of its greentec steel decarbonization program. Key components for an electric arc furnace have been delivered to its Linz site, with first melts scheduled for the first half of 2027 and a phased ramp-up to stable operations.