German Chancellor Friedrich Merz (2nd L) takes part in the press conference after the "Steel Summit" alongside Lars Klingbeil (2nd R), German Minister of Finance, Gunnar Groebler, President of the ...

Steel is the backbone of German industry — but it's also a major source of greenhouse gas emissions, accounting for nearly 7% of Germany's CO2 emissions. As Germany has pledged to become ...

After US President Donald Trump announced last week that he would double steel and aluminium tariffs from 25 to 50%, the European Commission said it was prepared to impose retaliatory measures.

Gunnar Groebler left a career in the energy industry in 2021 to take on the challenge of running Salzgitter AG at a time of extreme turmoil. It hasn’t gotten easier. As the chief executive officer of ...

BERLIN (Reuters) -German Finance Minister Lars Klingbeil will advocate for a quota system on steel exports to be included in the EU's trade deal with the United States at a meeting with his U.S.

Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in deep crisis for several years. After talks with industry leaders in Berlin ...

The logo of the Kloeckner & Co can be seen in front of the company's branch in Nordrhein-Westfalen. Martin Gerten/dpa German steel trader Klöckner & Co is on the verge of being taken over by US rival ...

BERLIN (Reuters) -Germany's Social Democrats, junior partners in Chancellor Friedrich Merz's coalition, will push for a more protectionist stance on Europe's steel industry, urging the EU to adopt a ...

While Thyssenkrupp shareholders plan to approve a €93 million dividend, the corporation is preparing to slash 11,000 jobs in its steel division. Workers must reject the complicity of the IG Metall ...

Add Yahoo as a preferred source to see more of our stories on Google. German Chancellor Friedrich Merz takes part in the press conference after the "Steel Summit" at the German Chancellery in Berlin.

Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany’s steel industry has been mired in deep crisis. Germany's steel industry employs ...