The core assets that remained concentrated in Styria: the iron ore pits in Erzberg and a steel mill in Donawitz.
The company also owned smaller businesses and railroads in the Mur River valley and in Lower Austria (Krems and Schwechat).
In 1922, fifty-six percent of Alpine Montangesellschaft, then owned by Fiat (see Camillo Castiglioni), was purchased by Hugo Stinnes for the German giant Vereinigte Stahlwerke AG (VS).
[13] After the Anschluss state-owned Reichswerke Hermann Göring purchased a 13% share in Alpine, and for the next six months wrestled with the VS over control of the company.
[18] The Reichswerke announced its plans for a new steel mill in Linz before the takeover of Alpine, as an incentive for VS to extract more ore at Erzberg.
[10] Linz had a special place in Nazi system, and the steel project received full financial commitment of the state.
Göring launched a huge and unmanageable expansion campaign and spared no expense,[23] all in vain: the Allied bombers levelled most of Linz, too.
Local government of Styria and the British objected to reconstruction of Linz works, calling it the white elephant, too far from coal and ore reserves, and too large to be economical.
[25] The American authorities at first concurred and suggested to reduce the Linz works to eight coke ovens under Alpine-Mountain management, dismantle the furnaces and use the parts for the needed repairs in Donawitz (Styria).
[28] Tactics of reconstruction became a subject of a debate between the Department of State, which advocated nationalization, and the U. S. Army, represented by Mark W. Clark, who stood for privatization.
The mills of Linz were nationalized in July 1946 as the VÖEST (Vereinigte Österreichische Eisen und Stahlwerke, United Austrian Iron and Steelworks).
One was dismantled and sold to SSAB (then known as Norrbottens Järnverk AB) in Luleå, Sweden; the proceeds were used to purchase coal in Poland.
[28] Two other furnaces were earmarked for sale to Czechoslovakia; Mark Clark objected to this deal since 1946[30] and it finally fell apart after the Czechoslovak coup d'état of 1948.
[31] Brewster supported the Austrian four-year plan but its key opponent Franz Nemchak called it "a colossal stupidity" and demanded a halt on VÖEST program.
[33] In the summer of 1948, VÖEST, ÖAMG and Swiss Roll AG agreed to co-develop the basic oxygen steelmaking process proposed by Robert Durrer (itself a development of Henry Bessemer's 1858 patent).
[47] as Hugo-Hütte by Hugo Henckel von Donnersmarck and owned by Österreichisch-Alpine Montangesellschaft from 1889 until that company's 1973 merger with Voest-Alpine AG, and had been independent since 1990.
[40] By June, voestalpine held 55 percent of voting stock after "the largest acquisition in Austria’s industrial history", worth two billion Euros.
[65] As a result of two 2004 acquisitions, Nortrak has other U.S. facilities in Pueblo, Colorado; Newton, Kansas and Chicago Heights, Illinois; and Seattle, Washington.
The first mill opened in LaPlace, Louisiana in 1981, but the company did not do well because of high energy prices and cheaper foreign steel.
[78] Voestalpine Signaling UK, previously known as CDSRail, produce diagnostic and monitoring infrastructure for rail.
[79] On 9 March 2016, the World Bank Group announced the debarment of Isando-based Voestalpine VAE SA (Pty) Ltd and its affiliates for a period of 27 months.
[80] The punitive measure was applied following the failed disclosure of relevant information in the company's bid for a contract under the Multimodal Transport Project in the Democratic Republic of Congo.