thyssenkrupp stock gains 1.60% to EUR 12.69 before Xetra open
Published on 11/12/2026 at 08:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat Matters Before Trading
- thyssenkrupp's Duisburg green-steel plant is scheduled to start in 2029, two years later than previously planned.
- The project cost is estimated at EUR 3 billion, while the company says the timetable shift will not change the total cost.
thyssenkrupp stock traded at 12.69 euros on Lang & Schwarz at 08:27 CET on Thursday, November 12, 2026, 1.60 percent above the Xetra close of Wednesday, November 11, 2026 at EUR 12.49.
Energynews reported on November 9 that the planned start of thyssenkrupp's Duisburg direct-reduction plant has moved to 2029 from 2027. The report cited a European Commission document and a Thyssenkrupp Steel spokeswoman.
The project is designed to replace one of Duisburg's blast furnaces with a hydrogen-ready direct-reduction unit. Energynews reported that the project cost is estimated at EUR 3 billion and that the company says the schedule change will not alter the total cost.
The DAX is the relevant German equity-market benchmark for the company's home market.
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