Search
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.


Voestalpine will put $173m into R&D this financial year

Apr 11, 2012 | 10:18 AM |


Voestalpine is to invest €132 million ($173 million) in its research and development (R&D) programme this financial year, the steelmaker said on Wednesday April 11.

The R&D budget, for April 1 2012-March 31 2013, represents a €10 million year-on-year increase, it said.

“It is only a matter of time before the high R&D investment makes a significant contribution to strengthening the group’s leading market position in high-quality and margin-enhancing segments,” management board chairman Wolfgang Eder said.

Daniel Gleeson
dgleeson@metalbulletin.com
Twitter: @dangleeson_mb 




Latest Pricing Trends Year Over Year

Poll

What will happen to nickel pig iron usage worldwide?

Will continue to be contained in Asia (e.g. will have virtually no impact on the U.S./E.U. stainless steel markets)
Will make slight headway in the United States and/or Europe
Will make significant headway in the United States and/or Europe


View previous results