Germany - Latest news GMK Center

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

This indicator decreased by 3.4% y/y

Support will be provided through bilateral carbon contracts for difference (CCfD)

24 hydrogen production projects will be financed. Their total value reaches €8 billion

It was previously predicted that the country's economy will grow by 1.3% this year

The country's business cannot receive appropriate consultations in connection with the implementation of the mechanism