¡¾Ferro-alloys.com¡¿:The European Commission has approved the planned funding for a total of €2.6 billion to support SHS decarbonization process in the state of Saarland,Germany.

The funding has been agreed within the scope of the EU Hydrogen Strategy, the European Green Deal and the Green Deal Industrial Plan, and it will be granted to the long steel producer Saarstahl, plate producer Dillinger Hutte and their joint pig iron plant Rogesa, all three subsidiaries of Germany-based SHS (Stahl-Holding-Saar).

Dillinger and Saarstahl are focused on the use of hydrogen, on electric steel production and on recycling steel scrap to achieve climate neutrality by 2045. The support, which will be a direct grant, will be used to finance the construction of a direct reduction plant and two electric arc furnaces in Dillingen and V¶lklingen with a targeted production of up to 3.05 million mt of green steel annually, starting in 2026.

• [Editor:Alakay]