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ThyssenKrupp: billions for green steel

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Published: July 21st, 2023,
Last updated: July 21st, 2023

On Thursday, the EU Commission gave state aid approval to what the BMWK says is Germany’s biggest decarbonization project to date. ThyssenKrupp Steel Europe is to receive €2 billion from the federal government and the state of North Rhine-Westphalia to convert a blast furnace line in Duisburg to direct reduction.

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