Germany - Latest news GMK Center

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

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

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

Friedrich Merz invited the government and business community to discuss ways to support the industry on November 6.

Federal agency proposes to check plans for compliance with reality

German producer suspends BF9 amid structural changes in the EU and pressure from cheap imports

In annual comparison, the indicator has been declining for the ninth month in a row

Steelmakers emphasize the importance of short-term stimulus

Production will be halted for a week, about 1200 jobs are at risk

Growth expectations are currently linked to internal resources

Total financing package amounts to approximately €1.7 billion

Domestic demand is expected to drive growth rather than foreign trade