Voestalpine AG, Austria’s leading metallurgical company , is considering Ukraine as the site for its upcoming project to build one of Europe’s biggest steel-producing mills reported the Kyiv Post on March 13. If Ukraine is selected over other countries in the Black Sea region, experts said the multi-billion-dollar proposal would represent the nation’s single-largest “Greenfield” investment, or a project built from scratch. The mill, planned to produce as much as five million tonnes of steel annually, would rank among the four largest steel mills in Ukraine, which is one of the world’s 10 biggest steel exporting countries.Earlier this month, Ukraine’s Deputy Industrial Policy Minister Serhiy Hryschenko announced Voestalpine submitted a proposal to possibly acquire a land plot for the project near the Black Sea port city of Odesa.
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