The Supervisory Boards of SHS – Stahl-Holding-Saar, Saarstahl AG and Aktien-Gesellschaft der Dillinger Hüttenwerke have adopted an ambitious roadmap to transform Saarland’s steel industry. This marks another important milestone on the path to carbon-neutral steel production. Production of green steel is now slated to begin in Saarland in 2027. After a detailed review of various location and technology options, the supervisory bodies of Germany’s third-largest steel producer in aggregate decided in favor of comprehensive transformation of steel production at the plants in Dillingen and Völklingen. This demonstrates a clear commitment to the home location of Saarland, which previous analyses have shown to be the most competitive. Preparations and measures to implement the first phase of the project will now be initiated by 2027. Over the next five years the new production route will include an electric arc furnace at the Völklingen plant and an EAF and direct reduced iron plant for the production of sponge iron at the Dillinger plant, in addition to the established blast furnace route. The capacity of the plants will be about 3.5 million tonnes of crude steel, obtained from direct reduced iron and scrap. Green hydrogen will already be used to some extent by the time the new route is commissioned in 2027. One blast furnace in Dillingen will be closed during the commissioning phase, resulting in a significant reduction in carbon emissions. This strategy is supplemented with the green steel from Saarstahl Ascoval in northern France, which is already being produced with an EAF using scrap and is rolled into green rails at Saarstahl Rail in Hayange. In the first phase of the transformation, a single-digit billion-euro sum will be invested in constructing the required facilities at the two sites. Despite a solid balance sheet, SHS and its subsidiaries Saarstahl and Dillinger cannot finance this sum alone. This significant funding gap for the required investments can only be closed with government funding at the federal and EU level. SHS will seek the maximum funding quota with the adopted concept and will soon be submitting the corresponding applications.