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

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  / Rebecca Gualandi /  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.


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