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Voestalpine Shuts Down Steelworks in Duisburg
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: © Vindobona.org
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…
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