Germany - Latest news GMK Center

Demand for steel is declining due to fundamental problems in the German economy

The company is discontinuing car production at its Dresden plant amid weak demand, cost pressures, and restructuring

At the same time, business indicators show an ambiguous picture at the end of the year

The Salzgitter lawsuit, which is currently pending in court, is a point of contention

Organizations representing the sector oppose excessive regulation

Potential buyer conducts financial audit of German steel distributor

The company has received new approvals for SECURE 500 and SECURE 450, which will cover more than half of the demand for armored vehicles

11 federal states demand regulatory alignment of climate targets for automotive and steel industries

Construction of the facility is scheduled to begin early next year

Among the problems facing the sector are electricity prices and uncertainty over the availability of scrap

The ifo Institute's business climate index fell to 88.1 points

The parties will cooperate in a regional wind energy project