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thyssenkrupp 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

thyssenkrupp Steel places an order with SMS for the engineering, delivery and construction of a hydrogen-powered direct reduction plant, two innovative melters, and the associated auxiliary units at the Duisburg location. One of the world's largest industrial decarbonization projects gets underway with an order volume for SMS alone of over 1.8 billion euros. Groundbreaking concept: direct reduction plant with Midrex technology combined with two innovative melters, with a capacity of 2.5 million metric tons of directly reduced iron. The startup is planned for the end of 2026. Significant step for industrial climate protection in Europe: annual saving of over 3.5 million metric tons of

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