Thyssenkrupp stock faces longer wait for Duisburg green steel

Published on 11/12/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thyssenkrupp stock faces a later start for its Duisburg green-steel plant. Project costs remain in focus as hydrogen supply and construction shape execution.

Green Steel Delay Raises Execution Questions

The Duisburg direct-reduction plant is now scheduled to start in 2029 instead of 2027.
Thyssenkrupp says the project costs about 3 billion euros, with up to 2 billion euros in public support.
The annual report on December 8 will provide the next scheduled update on the steel transformation.

ThyssenKrupp, DE0007500001, Illustration mit AI erstellt.

Thyssenkrupp Steel Europe is pushing the planned start of its Duisburg direct-reduction plant back to 2029 from 2027. The change adds another execution hurdle to the group's steel transformation and delays the facility's expected contribution to lower-carbon production.

MarketScreener reported that a thyssenkrupp Steel spokesperson attributed the delay mainly to the engineering phase. The facility is designed to replace one of the Duisburg site's conventional blast furnaces and use hydrogen instead of coal in the direct-reduction process.

Funding Supports A Flexible Transition

The project carries an estimated cost of about 3 billion euros and has up to 2 billion euros in public support. Thyssenkrupp says construction is progressing, with the direct-reduction tower under construction, foundations for two melters being built and several electrical substations completed.

Revised subsidy rules allow a more flexible transition in which natural gas can initially be blended with hydrogen. The company said the hydrogen market is developing more slowly than expected, while production capacity, pipelines and import routes remain insufficient at the required scale. Hydrogen prices are also above earlier assumptions, keeping the economics of the ramp-up under scrutiny.

December Report Sets Next Checkpoint

Thyssenkrupp investor relations lists December 8, 2026, for publication of the 2025/2026 annual report. Investors will be watching for updates on construction, hydrogen procurement and the financial implications of the revised timetable.