19
Dec
14:58
EC approves €2.6 billion steelmaker decarbonisation state aid
The European Commission has approved the €2.6 billion ($2.8 billion) in German state aid to be provided to Stahl-Holding-Saar (SHS) for its transformation to low-emission steelmaking.
Steel manufacturer Dillinger Hütte and Saarstahl, coming under SHS, started planning earlier this year for the construction of a direct reduction plant and two electric arc furnaces at their sites in Dillingen and Völklingen. They currently operate a combined two blast…
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Very good overview of the weekly steel market.
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