Top German steelmaker to cut production citing energy costs, climate policies

Published 09:44 on April 12, 2024  /  Last updated at 09:44 on April 12, 2024  / /  Asia Pacific, EMEA, EU ETS

Germany’s largest steelmaker has announced plans to reduce output by around 20% because of consistent high energy costs "owing to climate policy objectives" and pressure from Asian competitors, the company’s executive board said Thursday evening.
Germany’s largest steelmaker has announced plans to reduce output by around 20% because of consistent high energy costs "owing to climate policy objectives" and pressure from Asian competitors, the company’s executive board said Thursday evening.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.