Demand is growing for high-quality CO2 reduced steel from Voestalpine & the first Greentec Steel coils have left Austrian steel maker Voestalpine’s plant in Linz in Austria. Starting at the end of the last calendar year, the steel and technology group now offers all Steel Division flat steel products with a reduced carbon footprint. Examples include electrical steel which is used in wind turbines, and high-tensile steels for lightweight automotive construction.Carbon emissions are reduced through adjustments to the manufacturing process such as partially replacing coke with a hydrogen-based reducing agent. The CO2 savings are calculated according to the international standard ISO 14064-2. A balance model is applied to distribute the actual CO2 savings across a specific quantity of product. LQRA, a leading global assurance provider, examines and certifies both the CO2 reduction and the status of the balancing account.Greentec Steel is Voestalpine’s clear plan for decarbonizing steel production. An important first step is the incremental shift from the blast furnace route to a hybrid-electric steel pathway from 2027. Once an electric arc furnace goes into operation at each of the Linz and Donawitz sites in early 2027, CO2 emissions can be significantly reduced, by up to 30%. This represents almost 5% of Austria’s annual carbon emissions. The steel and technology Group’s long-term mission is carbon-neutral steel production using green hydrogen, for which it is already undertaking intensive research into promising breakthrough technologies.
Demand is growing for high-quality CO2 reduced steel from Voestalpine & the first Greentec Steel coils have left Austrian steel maker Voestalpine’s plant in Linz in Austria. Starting at the end of the last calendar year, the steel and technology group now offers all Steel Division flat steel products with a reduced carbon footprint. Examples include electrical steel which is used in wind turbines, and high-tensile steels for lightweight automotive construction.Carbon emissions are reduced through adjustments to the manufacturing process such as partially replacing coke with a hydrogen-based reducing agent. The CO2 savings are calculated according to the international standard ISO 14064-2. A balance model is applied to distribute the actual CO2 savings across a specific quantity of product. LQRA, a leading global assurance provider, examines and certifies both the CO2 reduction and the status of the balancing account.Greentec Steel is Voestalpine’s clear plan for decarbonizing steel production. An important first step is the incremental shift from the blast furnace route to a hybrid-electric steel pathway from 2027. Once an electric arc furnace goes into operation at each of the Linz and Donawitz sites in early 2027, CO2 emissions can be significantly reduced, by up to 30%. This represents almost 5% of Austria’s annual carbon emissions. The steel and technology Group’s long-term mission is carbon-neutral steel production using green hydrogen, for which it is already undertaking intensive research into promising breakthrough technologies.
