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Germany - Latest news GMK Center

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

Photo – Germany convenes steel summit in light of ongoing crisis in the sector
Germany convenes steel summit in light of ongoing crisis in the sector

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

Photo – German hydrogen strategy needs to be corrected – audit service
German hydrogen strategy needs to be corrected – audit service

Federal agency proposes to check plans for compliance with reality

Photo – Thyssenkrupp shuts down blast furnace in Duisburg due to weak demand and imports
Thyssenkrupp shuts down blast furnace in Duisburg due to weak demand and imports

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

Photo – Germany increased steel production by 15.4% m/m in September
Germany increased steel production by 15.4% m/m in September

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

Photo – Germany lags behind in steel demand among industrialized countries
Germany lags behind in steel demand among industrialized countries

Steelmakers emphasize the importance of short-term stimulus

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