[SMM Iron & Steel] Thyssenkrupp Steel Invests €2.4 Million in High-Purity Ore Testing Facility

Published: Apr 7, 2026 17:08
Thyssenkrupp Steel has announced an investment of €2.4 million into a new testing facility at its Duisburg site to evaluate the "iron ore of the future." This initiative focuses on the chemical and physical characterization of high-purity ores and pellets required for hydrogen-based direct reduction (DR) plants. As the industry moves away from traditional coal-based blast furnaces, ensuring a stable and efficient supply of DR-grade feedstock is critical for the success of Thyssenkrupp's decarbonization strategy, which targets its first climate-neutral steel production by the end of 2026.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Steel】ArcelorMittal supplies low-carbon steel to Renault for EV production
12 mins ago
【SMM Steel】ArcelorMittal supplies low-carbon steel to Renault for EV production
Read More
【SMM Steel】ArcelorMittal supplies low-carbon steel to Renault for EV production
【SMM Steel】ArcelorMittal supplies low-carbon steel to Renault for EV production
【SMM Steel】ArcelorMittal announced a partnership with Renault to supply low-carbon steel for EV production, advancing supply chain decarbonization. The new Usibor® 1500 XCarb® steel is used on structural parts, cutting carbon while maintaining strength and safety. The move supports Renault's emission targets and improves EV performance.
12 mins ago
【SMM Steel】US launches third AD/CVD sunset review on Chinese prestressed concrete steel wire strand
12 mins ago
【SMM Steel】US launches third AD/CVD sunset review on Chinese prestressed concrete steel wire strand
Read More
【SMM Steel】US launches third AD/CVD sunset review on Chinese prestressed concrete steel wire strand
【SMM Steel】US launches third AD/CVD sunset review on Chinese prestressed concrete steel wire strand
【SMM Steel】The USDOC launched its third sunset review of AD/CVD duties on prestressed concrete steel wire strand from China. The ITC also started a concurrent sunset injury review. Interested parties have 10 days to register with the DOC. ITC responses due May 1, 2026. The case dates back to 2009, with final determinations in 2010. First sunset reviews began in 2015, second in 2020.
12 mins ago
【SMM Steel】Vietnam imposes 27.83% temporary duty on wide-width HRC from China
12 mins ago
【SMM Steel】Vietnam imposes 27.83% temporary duty on wide-width HRC from China
Read More
【SMM Steel】Vietnam imposes 27.83% temporary duty on wide-width HRC from China
【SMM Steel】Vietnam imposes 27.83% temporary duty on wide-width HRC from China
【SMM Steel】Vietnam imposed a 27.83% temporary anti-circumvention duty on certain wide-width HRC (1,880-2,300mm) from China, effective Apr 17 for 120 days. Preliminary findings showed some exporters slightly adjusted specs to avoid existing trade remedies. The sharp import surge has caused significant harm to local producers. The investigation continues before a final conclusion.
12 mins ago