Steel Industry Reacts to BYD's New European Factory

Via Metal Miner   Chinese automaker BYD recently appointed Austria’s Voestalpine as its first steel supplier for the planned production plant in Hungary. On June 24, the Linz-headquartered steel industry leader officially announced it will begin supplying autobody and outer-skin components from its rolling mills to BYD’s Szeged plant in Q4 2025. Szeged sits about 180 kilometers south of Hungary’s capital, Budapest, near the national border with Serbia. BYD officially announced plans to build a passenger vehicle factory in…