Emissions rise from chimneys at the Thyssenkrupp AG steel plant in Duisburg, Germany, on Tuesday, Oct. 20, 2020. Liberty Steel said it's made a non-binding indicative offer for Thyssenkrupp's steel unit, as the German conglomerate continues restructuring efforts to ensure its survival. Photographer: Sarah Pabst/Bloomberg (Sarah Pabst/Bloomberg)
BERLIN: Thyssenkrupp AG is carrying out a review of its plans for a green steel project that may lead to its eventual cancellation, Handelsblatt reports, citing internal documents.
The German steel company is considering halting construction of the planned direct reduction plant, which could trigger the repayment of government subsidies worth around €500mil (US$549mil), Handelsblatt said, citing unidentified company sources.
