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Home » News » Thyssenkrupp Steel Europe Reassesses Green Steel Direct Reduction Plant Amid Rising Costs
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Thyssenkrupp Steel Europe Reassesses Green Steel Direct Reduction Plant Amid Rising Costs

By Benjamin DavisOctober 9, 20242 Mins Read
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Credit: Thyssenkrupp AG
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Thyssenkrupp Steel Europe AG is currently reassessing its direct reduction (DR) plant project aimed at decarbonizing steel production in Duisburg, Germany, due to anticipated cost increases. However, the company maintains that the project remains feasible under the existing conditions. In a statement, Thyssenkrupp’s Executive Board informed the Supervisory Board about the expected cost escalations, prompting

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