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

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

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

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

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

The main reason is Trump's trade war

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

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

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

The unit, which could cost up to €2 billion, is part of the group's restructuring plan

The company will remain independent and continue its transformation towards green steel

The revision does not take into account the new US reciprocal tariffs