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Germany - Latest news GMK Center

Photo – Germany launches €30 billion fund to mobilize private investment
Germany launches €30 billion fund to mobilize private investment

The goal of this step is to attract additional private investment amounting to approximately €130 billion

Photo – Germany reduced steel production by 9.1% m/m in November
Germany reduced steel production by 9.1% m/m in November

The indicator has been declining for the 11th consecutive month y/y

Photo – German investor sentiment improved in December – ZEW
German investor sentiment improved in December – ZEW

Очікування відображають хороші шанси на відновлення економіки країни

Photo – Steel consumption in Germany: gradual slowdown
Steel consumption in Germany: gradual slowdown

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

Photo – Volkswagen shuts down factory in Germany for the first time in 88 years
Volkswagen shuts down factory in Germany for the first time in 88 years

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

Photo – Germany’s economy showed a strong start to the fourth quarter
Germany’s economy showed a strong start to the fourth quarter

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

Photo – Thyssenkrupp seeks joint solution for Hüttenwerke Krupp-Mannesmann
Thyssenkrupp seeks joint solution for Hüttenwerke Krupp-Mannesmann

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

Photo – German industry associations warn EC against restrictions on scrap exports
German industry associations warn EC against restrictions on scrap exports

Organizations representing the sector oppose excessive regulation

Photo – Worthington Steel is in talks to acquire Germany’s Klöckner & Co
Worthington Steel is in talks to acquire Germany’s Klöckner & Co

Potential buyer conducts financial audit of German steel distributor

Photo – Salzgitter expands steel supply capabilities for the defense industry
Salzgitter expands steel supply capabilities for the defense industry

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

Photo – Germany calls on the EU to promote the use of green steel in the automotive industry
Germany calls on the EU to promote the use of green steel in the automotive industry

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

Photo – EUROPIPE to become supplier of ETL182 pipeline components in Germany
EUROPIPE to become supplier of ETL182 pipeline components in Germany

Construction of the facility is scheduled to begin early next year

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