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Germany - Latest news GMK Center

Photo – GMH Gruppe has launched a rolling mill that is unique in Europe
GMH Gruppe has launched a rolling mill that is unique in Europe

€26 million investment delivers greater flexibility, precision and faster delivery of specialty steels

Photo – Germany’s economy to show moderate growth in Q4 – Bundesbank
Germany’s economy to show moderate growth in Q4 – Bundesbank

The country's central bank expects industry to stabilize in October-December

Photo – Germany increased steel production by 5.1% m/m in October
Germany increased steel production by 5.1% m/m in October

The indicator has been declining for the 10th consecutive month y/y

Photo – Italian associations concerned about German industrial electricity prices
Italian associations concerned about German industrial electricity prices

The country's industrialists expect support from the Italian government

Photo – Germany scales back plans to expand gas storage capacity
Germany scales back plans to expand gas storage capacity

The decision provoked mixed reactions in the energy sector

Photo – German GMH Gruppe completes acquisition of Buderus Edelstahl
German GMH Gruppe completes acquisition of Buderus Edelstahl

The integration of Buderus provides an expanded product range, access to new markets, and long-term supply stability

Photo – Relocation of steel production from Germany threatens billions in losses
Relocation of steel production from Germany threatens billions in losses

A study by the University of Mannheim warns of the economic and political risks of deindustrialization

Photo – Germany will support EU plan to protect steel industry – steel summit
Germany will support EU plan to protect steel industry – steel summit

The German government wants to reduce energy costs for industry and give preference to European steel

Photo – Berlin demands halt to imports of Russian slabs into the EU
Berlin demands halt to imports of Russian slabs into the EU

German Vice Chancellor Lars Klingbeil called for closing the «loophole» in sanctions and strengthening the protection of European steelmakers

Photo – Germany expects to introduce industrial electricity prices in 2026
Germany expects to introduce industrial electricity prices in 2026

Negotiations with the European Commission on this issue are in the final stages

Photo – Thyssenkrupp Steel leaves German steel association WV Stahl
Thyssenkrupp Steel leaves German steel association WV Stahl

Germany's largest steel producer leaves main industry association ahead of steel summit

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