Germany to support SHS’ hydrogen-driven steel production project

The European Commission has approved a €2.6bn ($2.8bn) German measure to support decarbonising steel production via hydrogen.

The measure will contribute to the achievement of the EU Hydrogen Strategy, the European Green Deal, the Green Deal Industrial Plan, and the REPowerEU Plan.

Supporting SHS Stahl-Holding-Saar GmbH & Co KGaA (SHS), the funding will be directed towards steel production in Völklingen and Dillingen, Saarland, where SHS operates two blast furnaces and five basic oxygen converters producing crude steel.

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