Voestalpine opens cold strip plant in Lower Austria

The Austrian steelmaker voestalpine Group said yesterday, October 28, that it is opening a new cold rolling plant for the production of high quality strip steel in Kematen an der Ybbs in Lower Austria.
 
With an investment of €113 million over the last five years, the new facility will produce 60,000 metric tons of strip steel annually for use in the manufacture of saws in 70 countries around the world, according to the voestalpine statement.
 
The cold rolled precision strip steels produced in Kematen will primarily be used in the production of saws for the metal, forestry, quarrying, and food processing industries.