Germany

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Shareholder consortium prepares for voluntary buyout of Salzgitter AG shares

GP Günter Papenburg AG is considering taking control of the company through the acquisition of more than 45% of the shares together with TSR Recycling

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Volkswagen calls for a 10% reduction in salaries

In this way, the company seeks to maintain competitiveness

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Germany imported 510 thousand tons of steel from third countries in January-August

The main part of the import fell on long steel – 408.24 thousand tons

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Germany discusses new economic stimulus plan

The plan proposed by the Minister of Economy envisages the creation of a fund to encourage investments

steel guru
Germany increased steel production by 3.9% m/m in September

Pig iron production fell by 7.6% m/m, and rolled iron production increased by 9.7% m/m

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Voestalpine to reorganize auto component production in Germany

The company is closing the factory in Birkenfeld, but strengthening other production facilities

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Steel demand in Germany will not recover in 2024 – WV Stahl

In the current year, according to the forecast of Worldsteel, the demand for steel in the country will fall by 7%

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SHS Group companies selected technology suppliers for decarbonization project

Midrex Technologies and Primetals Technologies will be responsible for the new production complex

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ArcelorMittal Bremen has received two electrolyzers as part of the HyBit project

These electrolyzers are key components for the production of green hydrogen

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German economy to decrease by 0.2% in 2024 – forecast

The government downgrades its expectations from the previous estimate of 0.3% growth

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Salzgitter Flachstahl and Energiekontor agree to supply green electricity

Energiekontor implements two solar park projects in Mecklenburg-Vorpommern

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Germany reduced steel production by 8.6% m/m in August

Pig iron production fell by 7.4% m/m, and rolled steel – by 9.6% m/m

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