Thyssenkrupp

The parties are in talks to sell another 30% of the division's shares to create a joint venture and each own 50% of the shares

Tk Materials operates independently of the steel division and has the right to choose its own suppliers

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

The value of the contract is about €7.5 million

The project is aimed at the development of research on the production of direct reduction iron (DRI)

The head of the supervisory board of the division does not exclude the adjustment of production capacities

RWE will supply green electricity to DRI's Duisburg plant

The German conglomerate depreciated the assets of its steel business for the second time in three months

The company received the relevant permission

With the increase in costs for CO2 emissions, gray steel will also become more expensive

The company continues negotiations with the Czech billionaire regarding the possible sale of part of the European steel division

The collaboration is aimed at strengthening industry standards for emissions transparency and data quality