Salzgitter Postpones Advanced Phases of Green Steel Initiative Amid Economic and Regulatory Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
0mins
Source: Reuters
Salzgitter's Project Delay: Salzgitter, Germany's second-largest steelmaker, has postponed the expansion of its green steel project, Salcos, by three years due to worsening sector conditions and slow development in hydrogen markets.
Investment and Emission Reduction: The company is investing approximately 2.5 billion euros in the project, which aims to reduce CO2 emissions from steel production by 95% by 2027, with the first phase still on track to achieve a 30% reduction for 2 million tonnes of steel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
