Duisburg green-steel start slips to 2029

Thyssenkrupp’s Duisburg green-steel project is facing a two-year delay, while the company says construction is continuing and the estimated investment remains unchanged. The latest details were reported by Energynews on Monday, November 9, based on a European Commission document and comments from Thyssenkrupp Steel.

Delay shifts Duisburg production

The direct-reduction unit is now scheduled to start in 2029 rather than 2027. The European Commission document attributes the change to construction delays linked to the innovative nature of the project, while a Thyssenkrupp Steel spokeswoman pointed to adjustments in the execution process and timetable.

The facility is designed to replace one of four blast furnaces at the Duisburg site. It is intended to use hydrogen instead of coke and eventually rely on green hydrogen produced from renewable energy, making the project a central part of the group’s lower-carbon steel strategy.

Cost line remains unchanged

Germany granted 2 billion euros in public support for the conversion project in 2023. Thyssenkrupp Steel says the schedule shift does not alter the estimated total project cost of 3 billion euros. The company is also studying possible compensation and acceleration measures.

Hydrogen supply remains a key execution risk. Production capacity, pipelines and import routes are not yet available at the required scale, while green hydrogen prices remain higher than initially expected. Investors will therefore focus on construction milestones and the procurement framework for a later ramp-up.

thyssenkrupp stock traded at 12.65 euros on Lang & Schwarz at 18:18 CET on Tuesday, November 10, 2026, 2.68 percent above the Xetra close of Monday, November 9.

European industrial shares remain exposed to energy costs and Chinese steel overcapacity; investors can follow the DAX market environment.

Further developments on the project and the group’s transformation are available in More news and analyses on thyssenkrupp stock.