The decision will not directly affect the construction and operation of the DRI plant
German steelmaker Thyssenkrupp Steel has suspended a tender for the purchase of environmentally friendly hydrogen for its direct reduction plant in Duisburg. This is reported by S&P Global.
This step is due to the fact that the proposed hydrogen prices were significantly higher than the company expected, and other framework parameters of the hydrogen economy, which is developing more slowly than expected, will change significantly.
The decision to suspend the hydrogen tender will not directly affect the construction and operation of the direct reduction plant, as the company can also operate on natural gas, Thyssenkrupp noted.
The company added that DRI production using natural gas will avoid 50% of carbon emissions compared to conventional blast…
