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Germany - Latest news GMK Center

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

Photo – Germany reduced steel production by 13.7% y/y in July
Germany reduced steel production by 13.7% y/y in July

The indicator has been declining for seven consecutive months in annual comparison

Photo – Germany seeks to accelerate the development of carbon storage infrastructure
Germany seeks to accelerate the development of carbon storage infrastructure

The respective draft law was approved by the country's government

Photo – The economic expectations index in Germany fell significantly in August
The economic expectations index in Germany fell significantly in August

The assessment of the current economic situation in the country has also deteriorated

Photo – Salzgitter to test new green pellet technology in collaboration with Binding Solutions
Salzgitter to test new green pellet technology in collaboration with Binding Solutions

BSL pellets can reduce energy consumption by up to 80% and CO2 emissions by up to 70% in steel production

Photo – Germany reduced steel production by 15.4% y/y in June
Germany reduced steel production by 15.4% y/y in June

The figure has been declining for the sixth consecutive month in a row in annual comparison

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