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Germany - Latest news GMK Center

Photo – German steelmakers call for swift implementation of European steel and metals plan
German steelmakers call for swift implementation of European steel and metals plan

The industry insists on the need for effective trade measures

Photo – German exporters are losing ground in global markets – Bundesbank
German exporters are losing ground in global markets – Bundesbank




The decline is due to deteriorating competitiveness in many sectors

Photo – SHS Group receives approval to build DRI and EAF plants in Saarland
SHS Group receives approval to build DRI and EAF plants in Saarland

Power4Steel project on schedule, bringing Dillinger and Saarstahl closer to climate neutrality

Photo – Salzgitter receives approval to supply armor steel for military purposes
Salzgitter receives approval to supply armor steel for military purposes

SECURE 500 certified for the German Armed Forces – the company strengthens its defense segment

Photo – Germany increased scrap exports by 9.6% y/y in January-April
Germany increased scrap exports by 9.6% y/y in January-April

Export revenue for the period decreased by 0.2% y/y

Photo – Industrial orders in Germany fell by 1.4% month-on-month in May
Industrial orders in Germany fell by 1.4% month-on-month in May

At the same time, the annual figure rose by 5.3%

Photo – Thyssenkrupp launches new production lines in Duisburg with €800 million investment
Thyssenkrupp launches new production lines in Duisburg with €800 million investment

Upgraded facilities will deliver higher quality steel for automotive manufacturing and energy transition

Photo – German LEAG suspends energy project using green hydrogen
German LEAG suspends energy project using green hydrogen

Construction of H2UB Boxberg postponed due to political and economic conditions

Photo – The German government has approved a draft budget with a high level of borrowing
The German government has approved a draft budget with a high level of borrowing

The priorities of the budget are investment, structural reforms, and consolidation

Photo – German Finance Minister proposes summit on steel
German Finance Minister proposes summit on steel

The proposal was made against the backdrop of the cancellation of green projects in the country

Photo – Germany reduced steel production by 6.4% y/y in May
Germany reduced steel production by 6.4% y/y in May

The indicator has been declining for the fifth consecutive month in annual comparison

Photo – Thyssenkrupp will continue construction of a green steel plant
Thyssenkrupp will continue construction of a green steel plant

ArcelorMittal has abandoned plans to convert two plants in Germany to carbon-neutral production

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