UPDATE 2-Voestalpine plans fast growth in Asia, Americas

Newswire

* Sales to rise to 20 bln euros by 2020, from 12.1 bln * 500 mln eur to be invested in new north American plant * Shares rise 1.4 percent (Adds details on new plant, background, updates shares) By Georgina Prodhan VIENNA, Dec 19 (Reuters) - Austrian steel group Voestalpine plans to boost its sales by two-thirds by 2020 through aggressive expansion in the Americas and Asia to offset sluggish demand and excess capacity in Europe. ...

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