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Germany - Latest news GMK Center

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

Photo – German steelmakers call for swift implementation of European steel and metals plan
German steelmakers call for swift implementation of European steel and metals plan

The industry insists on the need for effective trade measures

Photo – German exporters are losing ground in global markets – Bundesbank
German exporters are losing ground in global markets – Bundesbank




The decline is due to deteriorating competitiveness in many sectors

Photo – SHS Group receives approval to build DRI and EAF plants in Saarland
SHS Group receives approval to build DRI and EAF plants in Saarland

Power4Steel project on schedule, bringing Dillinger and Saarstahl closer to climate neutrality

Photo – Salzgitter receives approval to supply armor steel for military purposes
Salzgitter receives approval to supply armor steel for military purposes

SECURE 500 certified for the German Armed Forces – the company strengthens its defense segment

Photo – Germany increased scrap exports by 9.6% y/y in January-April
Germany increased scrap exports by 9.6% y/y in January-April

Export revenue for the period decreased by 0.2% y/y

Photo – Industrial orders in Germany fell by 1.4% month-on-month in May
Industrial orders in Germany fell by 1.4% month-on-month in May

At the same time, the annual figure rose by 5.3%

Photo – Thyssenkrupp launches new production lines in Duisburg with €800 million investment
Thyssenkrupp launches new production lines in Duisburg with €800 million investment

Upgraded facilities will deliver higher quality steel for automotive manufacturing and energy transition

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