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March 24,2025

Thyssenkrupp's €3 Billion Green Steel Project Faces Economic Challenges

Thyssenkrupp's €3 billion green steel project in Duisburg, Germany, faces economic uncertainty due to high hydrogen costs. The facility, designed to produce 2.5 million tonnes of green iron annually using direct-reduced iron (DRI) technology and electric arc furnaces, requires affordable renewable hydrogen to remain viable.

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