Germany - Latest news GMK Center

One of the tools to increase demand for green materials is public procurement

At the stage of transformation, the country's steel sector needs active political steps

The company needs cheap electricity and hydrogen to continue upgrading its German assets

In 2023, Germany became the third largest importer of goods to Ukraine

High lending rates and weak demand are dragging down the EU's largest economy

The main part of the import fell on long-rolled goods – 112.33 thousand tons

The parties are in talks to sell another 30% of the division's shares to create a joint venture and each own 50% of the shares

Last month, sales of steel products amounted to 817.46 thousand tons

Pig iron production increased by 3.5% y/y for the month, and rolled steel – by 1% y/y

LESS is a voluntary labeling program open to all steel producers

The company explains this step by the persistently weak economic condition, as well as the negative prospects of the steel market

The association insists on the speedy implementation of the industrial development policy of Germany and the return of the country to the title of an industrial center