Shopping Cart

German steel industry needs state aid, alliances, IG Metall says

Marketscreener - Germany's steel industry needs state aid and deeper alliances to manage the shift toward green fuels for blast furnaces, Joerg Hofmann, head of Germany's largest union, IG Metall, told Reuters.

Steel companies including Thyssenkrupp and Salzgitter rely on coal for heating their blast furnaces but face pressure to shift toward renewable energy sources such as hydrogen as a way to cut their carbon emissions.

"For the switch to green steel, billions of investment spending is needed. The individual providers, whether it's Saarstahl, Salzgitter or Thyssenkrupp cannot do this on their own. A cooperation between the makers is a given," Hofmann said.

Continue reading...

China's GEM signs Indonesia nickel, cobalt deal
Older post
DFL committee adopts resolution calling for mor...
Newer post

This is Photoshop's version of Lorem Ipsum. Proin gravida nibh vel velit auctor aliquet. Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum.

Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctora ornare odio. Sed non mauris vitae erat consequat auctor eu in elit. Class aptent taciti sociosqu ad litora torquent per conubia nostra. , per inceptos himenaeos. Mauris in erat justo. Nullam ac urna eu felis dapibus

This is a cookie agreement request — you can customize it or disable on the backoffice. Cookies help us to provide you the best experience using our website.

Client service


We're available by phone (877) 350-0771 every day from 9 am. - 9 p.m. ET.

HOURS: Monday - Friday 8AM - 5PM
Saturday - Sunday Online
Holidays Online

(877) 350-0771

1420 Kettner Blvd #100 San Diego, CA 92101


Credit Card: Visa, MasterCard, Maestro, American Express

Back To Top
Do you like any template? Apply its settings to your store — just select the template you like and press the «Apply» button of the desirable one. Templates can be switched at any time.
Applying a new template overrides the settings. Press «Copy» and paste it into any text file to save your current settings.