Thyssenkrupp plans to cut steel capacity by 1.5-2 million tons

The company explains this step by the persistently weak economic condition, as well as the negative prospects of the steel market

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Thyssenkrupp to build test facility for melting DRI

The value of the contract is about €7.5 million
Thyssenkrupp to build a direct reduction unit at its Duisburg plant

The project is aimed at the development of research on the production of direct reduction iron (DRI)
Thyssenkrupp’s steel division needs a fundamental reorganization

The head of the supervisory board of the division does not exclude the adjustment of production capacities
Thyssenkrupp Steel and RWE sign a contract for the supply of green electricity

RWE will supply green electricity to DRI's Duisburg plant
Thyssenkrupp lowers sales and profit forecast for fiscal year 2023/2024

The German conglomerate depreciated the assets of its steel business for the second time in three months
Thyssenkrupp to start construction of DRI plant ahead of schedule

The company received the relevant permission
Green and conventional steel prices to converge by 2030s – Thyssenkrupp

With the increase in costs for CO2 emissions, gray steel will also become more expensive
Weakening steel market complicates Thyssenkrupp’s negotiations with Czech investor

The company continues negotiations with the Czech billionaire regarding the possible sale of part of the European steel division
Thyssenkrupp and CarbonChain launch a tool for green steel procurement

The collaboration is aimed at strengthening industry standards for emissions transparency and data quality
Thyssenkrupp is preparing a tender for the supply of hydrogen for the Duisburg steel plant

The steelmaking division aims to obtain 104 tons of hydrogen already in 2028
Thyssenkrupp Materials sells Spanish subsidiary

The buyer was the Spanish Arania, which is part of the Grupo Arania steel company

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