Thyssenkrupp Steel orders DRI plant for decarbonization efforts

Thursday, 02 March 2023 11:07:54 (GMT+3)   |   Istanbul
       

German plantmaker SMS Group has announced that it will supply a direct reduction plant worth €1.8 billion to Germany-based steelmaker Thyssenkrupp Steel’s Duisburg plant.

The plant, which will have an annual production capacity of 2.5 million mt of direct reduced iron (DRI), is scheduled to start-up by the end of 2026.

The order is part of the one of the biggest industrial decarbonization projects worldwide, which at one stroke will reduce annual carbon emissions by 3.5 million mt in the future.

Thyssenkrupp Steel plans to achieve carbon neutrality by 2045 at the latest.


Similar articles

Thyssenkrupp Steel to be linked to Germany’s hydrogen network by 2028

26 Mar | Steel News

Thyssenkrupp Steel to build DRI melter facility at Duisburg

21 Mar | Steel News

Thyssenkrupp Steel chooses TS Elino for DRI plant construction

08 Mar | Steel News

Thyssenkrupp to supply carbon-reduced electrical steel to Siemens Energy

22 Feb | Steel News

Thyssenkrupp launches hydrogen tender for DRI plant in Duisburg

19 Feb | Steel News

Thyssenkrupp to start construction of DRI plant in Duisburg sooner than expected

14 Feb | Steel News

Thyssenkrupp Steel Europe plans to launch hydrogen procurement tender

17 Jan | Steel News

Thyssenkrupp CEO: Germany needs to extend hydrogen network in Europe

04 Jan | Steel News

Thyssenkrupp posts net loss in FY 2022-23, expects net profit for FY 2023-24

23 Nov | Steel News

Thyssenkrupp invests €800 million at Duisburg plant

22 Nov | Steel News