Germany

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German ROGESA shuts down blast furnace No. 4 for 55-day maintenance

The work started on May 21, earlier than the originally planned third quarter

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Thyssenkrupp continues strategic business reorganization

The conglomerate plans to transform into a holding company with controlling stakes in certain business units

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Germany reduced steel production by 10.1% y/y in April

Since the beginning of the year, the indicator has decreased by 11.9% y/y

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Germany cuts tax forecasts by €81 billion by 2029

Experts predict that the federal treasury alone will receive €33.3 billion less during the period

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Feralpi Stahl launches new steel rolling mill in Riesa for €220 million

New energy-efficient rolling mill operates without emissions and supports the green industry

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Salzgitter reduced steel production by 7.5% q/q in Q1

The company suffered a decline in revenue and losses amid weak demand and geopolitical tensions

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Germany should seek new trade agreements as part of EU strategy – Minister

Katherina Reiche says the US will remain a key partner, but the economy needs to diversify

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Salzgitter invests hundreds of millions of euros in new furnace and heat recovery

The project will reduce energy consumption by up to 30% and cut CO2 emissions in flat products production

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German government expects economic stagnation in 2025

The main reason is Trump's trade war

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Germany reduced steel production by 11.3% y/y in March

Since the beginning of the year, the indicator has decreased by 12.5% y/y

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Electricity cost hinders transition to green steel production – ArcelorMittal Germany

Last year, the Eisenhüttenstadt plant had temporary interruptions due to soaring electricity prices

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Germany increased rolled steel exports by 23.7% m/m in January

Shipments of flat products to third countries increased by 23.5% m/m and long products – by 24.2% m/m

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