Thursday, October 5, 2023

Danieli Group will build a maxi green steel hub in Austria

Danieli Group confirms once again its world leadership position in technologies for the production of green steel: the Buttrio based multinational company was commissioned the construction of two electric arc furnace by the giant Austrian Voestalpine Group.

Danieli Group

Danieli Group chosen by Voestalpine AG for “Greentec steel” project

After the orders placed in Holland for Tata and in Germany for Salgitter, Danieli Group was chosen by another steel production giant like the Austrian Voestalpine Group for the creation of "Greentec steel", an ambitious project involving, in a first phase, the construction of an electric arc furnace in both Linz and Donawitz plants. Austrian Voestalpine Group is a giant listed on the Vienna Stock Exchange since 1995, owner of 500 companies located in more than 50 countries, with 18.2 billion in revenues, 2.5 billion in Ebitda and 51,200 employees worldwide. Thanks to this technological conversion, the Group will be able to reduce its emissions by about 30%, saving the environment almost 4 million tons of CO2 per year. The overall investment is worth 1.5 billion euros and it promises an impressive economic and employment impact, equal to 767 million euros and 9,000 jobs, only considering the construction phase of the two Eaf plants. The construction sites actually began in the last few days with the laying of the first stone for the construction of the electric arc furnace (Eaf) in Donawitz, where the works will begin in 2024, once the area now subject to demolition will be all set up, and they will be completed in three years. Once operational, the EAF will produce approximately 850,000 tons of CO2-reduced steel per year. The dimensions of the project are considerable: the two construction areas are equivalent to approximately 10 football fields. As for the program, it consists of 11 independent implementation projects, involving a project team of approximately 75 internal and external experts.

Danieli Group will be the architect of green revolution in Voestalpine AG

Today - declared Herbert Eibensteiner, CEO of Voestalpine AG - we launch the next generation of steel production. Greentec Steel is Austria's largest climate protection program”. The architect of the green revolution will be, as mentioned, Danieli Group which won the tender for the plant design and will therefore be responsible for the engineering, the production and the commissioning of the Eafs, using Digimelter technology. “By awarding the contract and ordering the supply of the main equipment - said Franz Kainersdorfer, member of the Board of Directors of Voestalpine AG and Head of the Metalworking division – we have laid the technological foundations for tomorrow’s steel production. Together with Danieli, we will now begin the technical planning for this challenging project”. In parallel to the construction of the new plants, Voestalpine is working on the energy supply side. A fundamental requirement for the transition to electric arc technology is the availability of green electricity at competitive prices. In addition to signing supply contracts with local suppliers, the Austrian group is installing photovoltaic systems to expand its renewable energy production capacity and developing, together with regional partners, wind turbines, hydraulic generators and other photovoltaic systems.

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