dpa-AFX has reported that Germany's largest steel producer thyssenkrupp has placed an order for plant planned in Duisburg for the low-carbon production of steel is with SMS Group. SMS would build a hydrogen-powered direct reduced iron plant and two melters, probably submerged arc furnaces, to replace BF BOF steelmaking route. thyssenkrupp did not comment on the exact order volume but according to earlier information, everything together will cost more than EUR 2 billion euros and a large part of this is likely to be attributable to the order that has now been announced.thyssenkrupp plans to provide further details on 1 March. North Rhine-Westphalia's Prime Minister Mr Hendrik Wüst CDU and thyssenkrupp CEO Ms Martina Merz also want to attend a press event.The entire project is to be built primarily with the help of subsidies. It is still subject to approval by the EU Commission under state aid law
dpa-AFX has reported that Germany's largest steel producer thyssenkrupp has placed an order for plant planned in Duisburg for the low-carbon production of steel is with SMS Group. SMS would build a hydrogen-powered direct reduced iron plant and two melters, probably submerged arc furnaces, to replace BF BOF steelmaking route. thyssenkrupp did not comment on the exact order volume but according to earlier information, everything together will cost more than EUR 2 billion euros and a large part of this is likely to be attributable to the order that has now been announced.thyssenkrupp plans to provide further details on 1 March. North Rhine-Westphalia's Prime Minister Mr Hendrik Wüst CDU and thyssenkrupp CEO Ms Martina Merz also want to attend a press event.The entire project is to be built primarily with the help of subsidies. It is still subject to approval by the EU Commission under state aid law
