Germany

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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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German industry associations outline challenges for the scrap recycling sector

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

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Czech EPH among bidders for German energy company Uniper – Reuters

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

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Germany continues discussions on green steel

German Chancellor Merz clarifies his previous statements

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Thyssenkrupp’s green steel plan includes alternatives to hydrogen

The company is open to all technologies for further transformation

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Car production in Germany amounted to 4.1 million units in 2024

The indicators remained at the level of 2023, but at the end of the year a downward trend was recorded

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Dutch Van Merksteijn and German Badische Stahlwerke to merge in 2025

Leading European reinforcing steel producers to establish Reinforcing Steel Europe to strengthen positions in the EU market

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Germany imported 630.9 thousand tons of steel from third countries in January-October

The main part of the import fell on long steel – 497.54 thousand. t

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