ThyssenKrupp, DE0007500001

thyssenkrupp stock faces two-year delay for Duisburg green steel

Published on 11/12/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
thyssenkrupp stock tracks a delayed green-steel project in Duisburg. The direct-reduction plant is now scheduled to start in 2029.

Duisburg project faces longer timeline

  • The direct-reduction plant is now scheduled to start in 2029 instead of 2027.
  • Engineering challenges were cited as the main reason for the delay.
  • thyssenkrupp's investor-relations calendar lists the 2025/2026 annual report for December 8.
ThyssenKrupp, DE0007500001, Illustration mit AI erstellt.

thyssenkrupp's flagship green-steel project in Duisburg is facing a two-year delay. Shanghai Metals Market reported on Thursday, November 12, 2026, that the direct-reduction plant is now scheduled to start up in 2029 rather than 2027, citing a spokesperson for thyssenkrupp Steel Europe.

The report said engineering challenges were the main reason for the revised timetable. The technical planning phase alone was sufficient to push back the start date, adding another execution milestone to thyssenkrupp's transformation of its steel operations.

Delay raises execution questions

The Duisburg facility is designed to produce lower-carbon steel by replacing one of the site's conventional blast furnaces with a direct-reduction unit. The project is intended to support the group's shift away from coal-based steelmaking while retaining downstream production capabilities.

The revised schedule extends the period before the new plant can contribute to the company's decarbonization plans. For investors, the delay keeps attention on construction execution, hydrogen availability and the economics of the transition. The reported change concerns the start date; the SMM report did not state that the project's overall cost estimate had changed.

thyssenkrupp's investor-relations page identifies the Duisburg steel conversion as part of the group's broader industrial transformation. It also lists the publication of the 2025/2026 annual report for Tuesday, December 8, 2026. That release will provide the next scheduled opportunity to assess the financial and operational implications of the steel program. thyssenkrupp investor relations

thyssenkrupp stock traded at 12.53 euros on Lang & Schwarz at 11:10 CET on Thursday, November 12, 2026, 0.32 percent above the Xetra close of Wednesday, November 11, 2026 at 12.49 euros. The move places the shares near the middle of their quoted 52-week range of 7.12 to 15.87 euros.

thyssenkrupp stock at a glance

  • Company: thyssenkrupp AG
  • ISIN: DE0007500001
  • Ticker: TKA.DE
  • Lang & Schwarz price: 12.53 euros at 11:10 CET on November 12, 2026
  • Daily comparison: 0.32 percent above the Xetra close of November 11, 2026
  • 52-week range: 7.12 to 15.87 euros
  • Market capitalization: 7,797,210,056 euros

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