ThyssenKrupp's Green Steel Ambitions: A Billion-Euro Project in Jeopardy
Synopsis: ThyssenKrupp, a major industrial group in Germany, is reconsidering its ambitious green steel project aimed at producing climate-neutral steel using hydrogen. The company’s management, led by CEO Miguel Lopez, is reviewing the future of this multi-billion euro initiative, which has received substantial government support. Potential scenarios include halting the project entirely, raising concerns about its viability and the commitment to sustainable steel production.