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Next milestone on the path to climate-neutral steel production: EUR 1.7 billion financing package for Power4Steel successfully secured
The SHS – Stahl-Holding-Saar Group (SHS Group), together with its subsidiaries Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) and Saarstahl (Saarstahl Aktiengesellschaft), has successfully secured financing for its Power4Steel transformation project – one of Europe’s largest decarbonisation initiatives. The total financing package amounts to approximately EUR 1.7 billion, ensuring full funding for the entire duration of the investment project.
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Next milestone on the path to climate-neutral steel production: EUR 1.7 billion financing package for Power4Steel successfully secured
The SHS – Stahl-Holding-Saar Group (SHS Group), together with its subsidiaries Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) and Saarstahl (Saarstahl Aktiengesellschaft), has successfully secured financing for its Power4Steel transformation project – one of Europe’s largest decarbonisation initiatives. The total financing package amounts to approximately EUR 1.7 billion, ensuring full funding for the entire duration of the investment project.
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The transformation takes another step forward: SHS Group and Verso Energy sign groundbreaking hydrogen contract
The SHS - Stahl-Holding-Saar Group (SHS Group) with its shareholdings Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke), Saarstahl (Saarstahl Aktiengesellschaft) and ROGESA (ROGESA Roheisen- und Rohstoffgesellschaft Saar mbH), have concluded a long-term contract with energy company Verso Energy for the annual supply and purchase of at least 6,000 tons of “green” hydrogen. With the conclusion of the Franco-German contract, the Power4Steel steel decarbonization project has cleared another hurdle on the path to climate-friendly steel production. Verso Energy and the SHS Group have thus given the green light to the regional, cross-border hydrogen economy.
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Training starts at Dillinger and Saarstahl: Fit for the steel industry of the future
119 new apprentices started their careers today at Dillinger and Saarstahl. They were welcomed into the “steelmaking family” during the ceremony in Dillingen’s town hall – and are being prepared to play a central role in the future of Saarland’s steel industry.
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Ready for the future: Jonathan Weber reappointed to the Board of Management as Chief Transformation Officer
At their respective meetings on 21 May 2025, the Supervisory Boards of SHS – Stahl-Holding Saar Verwaltungsgesellschaft mbH and Saarstahl Aktiengesell-schaft reappointed Mr. Jonathan Weber (45) to another 5-year term on the Board of Management as Chief Transformation Officer, effective 1 April 2026. The Supervisory Board of Aktien-Gesellschaft der Dillinger Hüttenwerke likewise affirmed the reappointment at its meeting on 22 May 2025.
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