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Photo – Germany reduced steel production by 12.7% y/y in January
Germany reduced steel production by 12.7% y/y in January

The country's industry expects support from the new federal government

Photo – Steel sales in Germany increased by 76.3% m/m in January
Steel sales in Germany increased by 76.3% m/m in January

The growth was driven by increased demand for flat products

Photo – Salzgitter’s EBITDA for FY2024 exceeds expectations
Salzgitter’s EBITDA for FY2024 exceeds expectations

The company reported €445 million in EBITDA, although overall financial performance declined

Photo – German Chancellor considers future transition to green steel inevitable
German Chancellor considers future transition to green steel inevitable

Olaf Scholz referred to the wishes of customers who will need environmentally friendly steel products

Photo – Shareholder consortium raises offer for Salzgitter to €1.1 billion
Shareholder consortium raises offer for Salzgitter to €1.1 billion

Lower Saxony government and workers' representatives oppose the takeover

Photo – Germany increased steel production by 5.2% y/y in 2024
Germany increased steel production by 5.2% y/y in 2024

Production amounted to 37.23 million tons

Photo – High electricity prices forced German GMH Group to halt production
High electricity prices forced German GMH Group to halt production

Electricity prices jumped to €400/MWh, affecting the company's operations on Monday

Photo – Economic expectations index in Germany fell in January
Economic expectations index in Germany fell in January

This figure is significantly lower than the analysts' forecast of 15.3 points

Photo – German industry associations outline challenges for the scrap recycling sector
German industry associations outline challenges for the scrap recycling sector

BDSV and VDM publish position paper with demands for the future federal government

Photo – Czech EPH among bidders for German energy company Uniper – Reuters
Czech EPH among bidders for German energy company Uniper – Reuters

Uniper had to be nationalized during the European energy crisis in 2012

Photo – Germany continues discussions on green steel
Germany continues discussions on green steel

German Chancellor Merz clarifies his previous statements

Photo – Thyssenkrupp’s green steel plan includes alternatives to hydrogen
Thyssenkrupp’s green steel plan includes alternatives to hydrogen

The company is open to all technologies for further transformation

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