INTIEAGermany · German State Aid for Decarbonising Steel Production ProcessPolicyIn force

German State Aid for Decarbonising Steel Production Process

The European Commission approved a €2.6 billion German direct grant to SHS Stahl-Holding-Saar GmbH & Co KGaA (‘SHS') in decarbonising its steel production processes. This includes constrcution of a direct reduction plant and two new electric ar

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Country / jurisdiction: Germany · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The European Commission approved a €2.6 billion German direct grant to SHS Stahl-Holding-Saar GmbH & Co KGaA (‘SHS') in decarbonising its steel production processes. This includes constrcution of a direct reduction plant and two new electric ar furnaces.

Official source: https://ec.europa.eu/commission/presscorner/detail/en/mex_23_6746

Source

https://www.iea.org/policies/20445

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