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Ready for the future – Montan-Stiftung-Saar and the supervisory boards of SHS – Stahl-Holding-Saar, Aktien-Gesellschaft der Dillinger Hüttenwerke and Saarstahl AG appoint new executive management team for the transformation
With these personnel decisions, Montan-Stiftung-Saar is signaling its clear commitment to the future of the Saarland steel industry. The overarching goal of the trust’s Executive Committee and Board of Trustees is to guide the steel industry successfully through the upcoming years of transformation to green steel production. This will require an executive management team which, in addition to the necessary expertise, also identifies with the Saarland steel industry and has the will to successfully implement the next steps in decarbonization.
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Heat converted into electricity: New plant at the Neunkirchen site will put process heat to good use
A new plant will generate electricity from industrial process heat at the Saarstahl site in Neunkirchen starting in autumn 2023. The power plant project represents an investment of around EUR 1.5 million and will further boost the energy efficiency of the rolling mill.
MorePress release: Key figures for the 2022 financial year for the Dillinger Group and the Saarstahl Group
Record result: The Dillinger Group and Saarstahl Group are creating the economic basis for the transformation
• The Saarstahl and Dillinger Groups look back on a successful 2022 financial year and have achieved one of the best results in the company’s history. • Dillinger Group: Sales revenue of €3.4 billion (2021: €2.3 billion) and EBITDA of €513 million (2021: €201 million) • Saarstahl Group: Sales revenue of €3.6 billion (2021: €2.8 billion) and EBITDA of €417 million (2021: €282 million)
MoreGreen Steel World Conference & Expo – We are there!
Saarstahl takes part in Green Steel World in Essen, Germany
The event offers a platform for the exchange of ideas on the topic of decarbonization in the steel industry and brings together various experts, including both manufacturers and users. Saarstahl will be represented together with its sister company Dillinger with a booth and a lecture.
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SHS – Stahl-Holding-Saar (SHS) with Dillinger and Saarstahl donate EUR 100,000 for people affected by the earthquakes in Turkey and Syria
The earthquake disaster in the border region of Turkey and Syria as well as the impact on the people there are enormous and require targeted aid. The SHS Group wants to do its part to help the affected people and alleviate the need. The steel companies are therefore supporting the German Red Cross (Deutsches Rotes Kreuz, DRK) and AWO International with an immediate donation of EUR 50,000 to each organization for their relief efforts.
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Hyvolution: Industry partners and government representatives underline importance of a cross-border hydrogen economy
Paris, 02.02.2023. During the international trade fair Hyvolution, the Grande Region Hydrogen EEIG (GRH) association with partners from Saarland, Grand Est and Luxembourg presented its goal of building a cross-border hydrogen economy today in Paris. The association appealed to the invited politicians for their active support. To this end, industry representatives of the GRH and government representatives from Grand Est, Saarland and Luxembourg discussed the next steps together. In addition, the assembled industrial partners of the Grande Region Hydrogen signed a voluntary commitment to cooperation aimed at building a cross-border hydrogen economy.
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Sustainably well positioned: CDP leadership status for the SHS Group
This year’s rating by the environmental protection organization Carbon Disclosure Project (CDP) awards top marks again to the sustainability management at the SHS Group (SHS – Stahl-Holding-Saar, Saarstahl and Dillinger). The companies of the SHS Group have obtained leadership status with an overall grade of A- in the “Metal smelting, refining & forming” industry. By signing the Science Based Targets Initiative (SBTi) declaration of commitment, the steel producer is strengthening its position as a responsible company.
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OVET and BHP Billiton selected for Top Supplier award
ROGESA Roheisengesellschaft Saar mbH and Zentralkokerei Saar GmbH (ZKS), both joint subsidiaries of DILLINGER and Saarstahl, have selected two more business partners in addition to Canada’s IOC Iron Ore Company for Top Supplier honors in 2021: the Dutch transhipment port OVET in the “Seafreight and Transshipment” category, and the mining group BHP Billiton in the “Solid fuels” category.
MoreSaarstahl supports Völklingen Tafel food bank – St. Nicholas project and clothes for volunteers
EUR 7,500 for Völklingen Tafel food bank
Saarstahl AG regularly supports the Völklingen Tafel food bank and is now donating EUR 7,500. The Diakonie Saar, which sponsors the Tafel food bank, used part of the donation to purchase the softshell vests and aprons for the more than 30 volunteers and packed St. Nicholas bags for the customers. The remaining sum will be used for maintaining the food bank and for non-perishable foodstuffs, which are donated by supermarkets only in small quantities because they now calculate their stocks more accurately in this respect.
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Historic investment for greater climate protection: Supervisory Boards approve investment of EUR 3.5 billion for green steel from Saarland.
The Supervisory Boards of SHS – Stahl-Holding-Saar, Saarstahl AG and Aktien-Gesellschaft der Dillinger Hüttenwerke (Dillinger), the Board of Trustees of Montan-Stiftung-Saar, and the Board of Management of SHS – Stahl-Holding-Saar have jointly resolved to invest EUR 3.5 billion – subject to the approval of public funds – to transform the steel industry in the Saarland and enable production of green steel. The decision by the Supervisory Boards enables the decarbonization of Saarland’s steel industry. Starting as early as 2027, up to 3.5 million tons of low-carbon steel will be produced annually in Saarland and carbon emissions will be cut by 4.9 million tons.
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