05
Oct
11:19
EC clears Germany’s €1 billion Salzgitter decarbonisation aid
The European Commission (EC) has approved Germany’s €1 billion ($992 million) state aid measure to help steelmaker Salzgitter implement green hydrogen into its production processes, Kallanish reports.
The approval on 4 October clears the way for €700m in federal support and €300m for state support. The direct grants will support the construction of an electrolyser, a direct reduction plant and an electric arc furnace for the first stage of dev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous