Germany - Latest news GMK Center

The industry is criticizing the new law due to the lack of clear criteria and «Made in EU» requirements

Businesses are concerned about the long-term prospects of energy shortages

The industry association has lowered its forecast following a weak start to the year and amid the war with Iran

The new measure includes quotas and a 50% duty on excess shipments to limit oversupply

The volume of these exports fell by 1% y/y during the period

Energy prices in the country rose by 7.2% y/y during the period

The €1.4 million initiative aims to recycle iron, vanadium, manganese, and chromium in an energy-efficient manner

The industry association insists on the right approach to implementing the announced leading markets

The conflict in the Middle East has jeopardized the economic recovery

Compared to the previous month, the figure fell by 8.1%

The project at the Ilsenburger site will boost steel processing for the defense sector and support the decarbonization of production

Imports of this raw material fell by 9% y/y