12,933.40 TRY BIST 100 BIST 100
51.10 EUR EUR EUR
43.97 USD USD USD
6.41 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
37.60 TRY Interest Interest
83.18 USD Fossil Oil Fossil Oil
5.90 USD Copper Copper
120.02 USD Silver Silver
98.97 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,301.26 TRY Gold (gr) Gold (gr)
100.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

McPhy will supply electrolyzer to Germany's ArcelorMittal

French manufacturer McPhy will supply two 1MW hydrogen electrolysis plants to ArcelorMittal Eisenhuttenstadt in East Germany.

McPhy will supply electrolyzer to Germany's ArcelorMittal

The companies signed a five-year agreement for the joint construction and maintenance of a pilot hydrogen infrastructure for the enterprise. It has been announced that the agreement will come into service in 2024.

It was stated that the hydrogen produced in the infrastructure and electrolysis facilities will be used in the production of metal products in the cold rolling mill in the first place. Later, however, lifts and trucks designed for this purpose will begin to refuel with hydrogen fuel.

The ArcelorMittal Group is slowly starting to decarbonize its operations in Europe. In early April, the Spanish government gave it a subsidy of 450m euros for this purpose. At the same time, ArcelorMittal Poland announced the start of modernization of coke production in Poland.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Barca Metals commissions Danieli Centro Recycling for scrap processing plant

Wednesday, March 4, 2026

206 million TL heist at a steel factory in Kocaeli under the pretext of scrap

Wednesday, March 4, 2026

Kocaer Çelik achieved its highest sales and production performance in history in 2025

Wednesday, March 4, 2026

Ali Okyay became the new General Manager of Kalibre Boru

Tuesday, March 3, 2026

Kardemir Steel qualifies for İZKA “Green transformation in industry” support in first place

Tuesday, March 3, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now