thyssenkrupp Steel awards €1.8B contract to SMS group for direct reduction plant

thyssenkrupp Steel placed an order with SMS group for engineering, delivery and construction of a hydrogen-powered direct reduction plant in Duisburg, with a capacity of 2.5 million metric tons of DRI per year, scheduled for completion by end of 2026.

“This marks the start of one of the biggest industrial decarbonization projects worldwide, which at one stroke will avoid more than 3.5 million metric tons of CO2 per year in the future.”sms-group.com

• 1 source
• sms-group.comthyssenkrupp Steel awards a contract worth billions of euros to SMS group for a direct reduction plant: one of the world's largest industrial decarbonization projects gets underway - SMS group GmbHMar 1, 2023

Summarized from public sources; check the original articles before acting on it.