Thyssenkrupp to invest €2bn in hydrogen DRI plant
German steelmaker plans one of world’s largest hydrogen-powered direct-reduced iron facilities at its Duisburg complex
Germany’s Thyssenkrupp plans to spend more than €2bn ($2bn) on the construction of one of the world’s largest hydrogen-powered direct-reduced iron (DRI) plants at its Duisburg steelmaking complex in the Ruhr region. The company expects to start awarding contracts for the project in the next few months, with the facility scheduled to start up in 2026. It will have a production capacity of 2.5mn t/yr—larger than initially planned. The investment is still subject to the securing of some public funding, Thyssenkrupp says. The new DRI plant would replace some of the Duisburg site’s coking coal-fired blast furnace capacity. Thyssenkrupp’s steel operations account for about 2.5pc of Germany’s CO₂ e

Also in this section
2 May 2025
Projects will progress only if they are backed by firm offtake deals, with much of firm’s clean hydrogen portfolio underperforming, Eduardo F. Menezes tells investors
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
25 April 2025
Strategically located salt caverns can provide high volume storage for Germany and neighbouring countries, says Federal Ministry of Economics and Climate Protection
23 April 2025
Gulf state signs agreement with multiple partners aimed at creating large-scale liquid hydrogen supply chain into the Netherlands and Germany