Germany - Latest news GMK Center

The company justifies this step by the negative economic conditions for industrial companies in Germany

The company relies on improved market conditions and reduced inflationary pressures

The first round of the project is expected to provide €4 billion in financing

Last year, the monthly volume of steel sales never exceeded 1 million tons

Compared to January 2023, the indicator decreased by 5.5%

The share of railway freight transportation for the industry is 50.5%

The main part of the import fell on long-rolled goods – 593.47 thousand tons

The import of this raw material to the country decreased by 25% y/y in 2023

Many companies are not aware of their obligations under the mechanism

The relevant legislative changes were proposed by the Ministry of Economy and Climate

Production of pig iron for the month increased by 4.7% y/y, and rolled steel – by 6.2% y/y

EC considers the aid necessary and expedient to promote the production of environmentally friendly steel