Germany

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German steelmakers concerned about bureaucracy in documenting emissions

Industry representatives are also skeptical about the rapid transition to green hydrogen

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Bundestag approves special fund for infrastructure and climate neutrality

German steelmakers see this as an opportunity to stimulate the economy

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Germany reduced scrap exports to a record low in 2024

Shipments fell by 11% y/y – to 7.1 million tons

metinvest.media
Sales of German steel distributors amounted to 9.43 million tons in 2024

Last year's sales remained almost at the level of 2023

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

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

reuters.com
Steel sales in Germany increased by 76.3% m/m in January

The growth was driven by increased demand for flat products

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Salzgitter’s EBITDA for FY2024 exceeds expectations

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

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German Chancellor considers future transition to green steel inevitable

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

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Shareholder consortium raises offer for Salzgitter to €1.1 billion

Lower Saxony government and workers' representatives oppose the takeover

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

Production amounted to 37.23 million tons

Karrieretag Familienunternehmen
High electricity prices forced German GMH Group to halt production

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

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Economic expectations index in Germany fell in January

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

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