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Steel & Metal
- Germany -

German Mills Welcome Incoming Government's Strategy

German steel federation WV Stahl has expressed support for the newly signed coalition contract, which outlines key priorities for the incoming German government. The federation emphasized that power prices and grid fees remain the most pressing issues for the steel industry, urging the government to introduce a dedicated industry power price to enhance competitiveness.

The coalition, formed by the CDU, SPD, and Green Party, has pledged to promote hydrogen development, maintain EU safeguard measures, and strengthen trade protections through the Carbon Border Adjustment Mechanism. Additionally, the contract recognizes steel scrap as a vital resource, aiming to secure domestic supply.

WV Stahl also highlighted the importance of Germany’s Special Fund for Infrastructure, stressing that investments should focus on CO₂-reduced products and strengthening domestic industry. The federation welcomes these commitments but calls for swift implementation to ensure the steel sector remains globally competitive.

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