# thyssenkrupp Steel awards €1.8B DRI plant contract to SMS group

thyssenkrupp Steel has awarded a €1.8 billion contract to SMS group for the engineering, delivery, and construction of a hydrogen-powered direct reduction plant and two melters at its Duisburg location. The plant will have a capacity of 2.5 million tonnes of DRI and startup is planned for end of 2026.

- Type: Contract
- Announced: 2023-04-24
- Where: Duisburg, North Rhine-Westphalia, Germany
- Value: $1.98B (1.80B EUR)
- Status: announced
- Capacity: 2.5 million tonnes of directly reduced iron per year
- Products: directly reduced iron, melters
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SMS group](https://endata.com/companies/2366.md) (supplier)
- [thyssenkrupp Steel](https://endata.com/companies/34054.md) (customer)

## Sources

- [steeltimesint.com](https://www.steeltimesint.com/news/thyssenkruppp-steel-awards-eur1-8b-dri-contract-to-sms), 2023-04-24: "We all know: this is an important milestone on the road to a green metals industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.