# Cobra IS wins €74M contract for Thyssenkrupp green steel plant

Cobra IS, a Vinci subsidiary, has won a €74 million contract from SMS Group to perform piping and mechanical works on Thyssenkrupp Steel Europe's new direct reduced iron plant in Duisburg, Germany. The plant will have an annual capacity of 2.5 million tonnes and run on green hydrogen.

- Type: Contract
- Announced: 2024-07-16
- Where: Duisburg, Germany
- Value: $80.0M (74.0M EUR)
- Status: announced
- Capacity: 2.5 million tonnes of direct reduced iron per year
- Products: direct reduced iron
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Cobra IS](https://endata.com/companies/13345.md)
- [Thyssenkrupp](https://endata.com/companies/833.md) (customer)
- [SMS group](https://endata.com/companies/2366.md) (customer)
- [thyssenkrupp Steel Europe](https://endata.com/companies/8018.md) (customer)
- [VINCI](https://endata.com/companies/32072.md) (partner)

## Sources

- [constructionbriefing.com](https://www.constructionbriefing.com/news/cobra-is-wins-contract-on-major-green-germany-steel-factory/8038224.article), 2024-07-16: "Cobra IS, a subsidiary of Vinci, has won a €74 million contract to carry out the piping and mechanical works on part of a steel production plant in Germany."
- [globalconstructionreview.com](https://www.globalconstructionreview.com/vinci-lands-role-on-germanys-first-hydrogen-powered-steel-factory/), 2024-07-19: "The contract award to the Düsseldorf-based SMS group represents a great decision for the climate, for thyssenkrupp and for the location of North Rhine-Westphalia."

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