Berlin – Germany’s steel industry isโ pressing โคfor swift action on electricity pricing and procurement โคpolicies ahead of a summit convened byโค Chancellor โฃScholz, scheduled to begin Thursday afternoon at the Chancellery. The core demand: โa competitive industrial electricity price and preferential treatment forโ domestically produced, climate-kind โsteelโ in government contracts.
The urgency โขstems from the โindustry’s transition toโค electric production โคmethods, wich require considerably lowerโข energy โcostsโข to remain competitive internationally. โฃEconomics Minister Robert Habeck announced Monday that aโค reduced electricity price โฃis anticipated to take effectโค January 1, 2026, but the specific amount remains undisclosed. Together, steelmakers are advocating for “green steel” – produced with โฃminimal environmental impact -โ to be prioritized in public tenders, including railway vehicle purchases and publicly funded housing projects. The โคfederal government isโ alsoโฃ urged to โlobby โat the EU level to credit automakersโข for utilizing green steel towards โคfleet emission limits, a topicโข previously discussedโ during a recent automotive industry summit. A concluding document from Thursday’s meeting is not currently โplanned.