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Germany - Latest news GMK Center

Photo – German steelmakers insist on a permanent solution for high electricity tariffs
German steelmakers insist on a permanent solution for high electricity tariffs

The industry demands long-term government support to reduce electricity transmission costs and ensure competitiveness

Photo – Steel sales in Germany fell by 13% m/m in August – BDS
Steel sales in Germany fell by 13% m/m in August – BDS

The Association recorded a decline in sales in all segments

Photo – Germany reduced steel production by 10.5% y/y in August
Germany reduced steel production by 10.5% y/y in August

The indicator has been declining for the eighth consecutive month in annual comparison

Photo – Salzgitter postpones expansion of green steel production project for three years
Salzgitter postpones expansion of green steel production project for three years

German steelmaker cites challenging market conditions and slow development of hydrogen technology market

Photo – Thyssenkrupp has received an offer from Jindal Steel to purchase its steel business
Thyssenkrupp has received an offer from Jindal Steel to purchase its steel business

The Indian conglomerate is prepared to invest over €2 billion in the green transformation of TKSE and assume its pension obligations

Photo – German minister proposes ten key measures for energy transition reforms
German minister proposes ten key measures for energy transition reforms

VWStahl stresses that without lower electricity prices, German steel will lose its competitiveness

Photo – SHS-Gruppe has signed an agreement with France’s Verso Energy to supply green hydrogen
SHS-Gruppe has signed an agreement with France’s Verso Energy to supply green hydrogen

From 2029, Verso will supply the German group with at least 6,000 tons annually

Photo – Germany seeks to soften EU emissions reduction requirements for industry
Germany seeks to soften EU emissions reduction requirements for industry

The country intends to reach an agreement with the European Commission

Photo – Germany increased scrap exports by 10.1% y/y in 1H2025
Germany increased scrap exports by 10.1% y/y in 1H2025

Export revenue for the period decreased by 2.6% y/y

Photo – Economic institutes have lowered their GDP growth forecasts for Germany for 2025-2026
Economic institutes have lowered their GDP growth forecasts for Germany for 2025-2026

Analysts point to US tariffs and delays in government stimulus

Photo – German steelmakers demand a sustainable mechanism for reducing network tariffs
German steelmakers demand a sustainable mechanism for reducing network tariffs

The government's temporary solution for 2026 does not provide the industry with the necessary planning security

Photo – Dillinger has restarted blast furnace No. 4 at the Rogesa plant in Germany following repairs
Dillinger has restarted blast furnace No. 4 at the Rogesa plant in Germany following repairs

The unit resumed operation on August 30 after a three-month shutdown for scheduled repairs

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