thyssenkrupp Steel Grants Euro 1.8 Billion Contract for Direct Reduction Plant to SMS Group
Germany-based steel producer thyssenkrupp Steel placed an order worth over Euro 1.8 billion with SMS group for construction of the first direct reduction plant as part of the tkH2Steel transformation concept. The plant will have a capacity of 2.5 million tonnes of directly reduced iron, and is scheduled to be completed by late 2026. The […]
Germany joins Spain, Portugal and France in EUR 2.5 billion H2Med Mediterranean Hydrogen Pipeline Project
Germany has joined the Mediterranean Hydrogen pipeline project, named H2Med, with existing member countries Spain, Portugal and France. The pipeline, to be constructed under the Mediterranean Sea, is expected to supply about 10% of the European Union’s hydrogen demand and is proposed to be completed in 2030. Previously, the estimated budget of the project was […]
