Voestalpine Shuts Down Steelworks in Duisburg

Published: June 9, 2012; 15:43 · (Vindobona)

The Austrian steel producer plans to close the mill in 2013. At the moment, voestalpine has talks with trade unions and the workforce.

Voestalpine Shuts Down Steelworks in Duisburg / Picture: © Flickr

The Vienna-listed steel group will not produce any conventional rails anymore. Rather, voestalpine wants to specialize in niche products in the rail sector. TSTG Schienentechnik GmbH & Co KG, which is wholly-owned by voestalpine is affected by this decision.

As a result, the German rail factory in Duisburg will be shut down. According to voestalpine´s CEO Wolfgang Eder, the…

This article includes a total of 231 words.

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