High energy prices and a possible gas supply freeze are causing problems for the steel industry. This also has an impact on the green transformation, says Hans Jürgen Kerkhoff. In an interview with Manuel Berkel and Timo Landenberger, the President of the German Steel Federation talks about converting production to hydrogen, calls for more dynamism from policymakers and an adjustment of plans for emissions trading and border adjustment.
By Timo Landenberger
In the event of a gas embargo, the key deciding factor would be the level of solidarity among the EU member states. However, experts are skeptical that the necessary institutions can be installed for a short-term supply freeze.
By Manuel Berkel
As of today, according to the Kremlin, Russian gas is to be paid for only in rubles. But because the Western countries insist on the contractually agreed payment in euros or dollars, the Kremlin has come up with a detour via Gazprom Bank. However, this is unlikely to change anything.
By Lukas Knigge
Germany and other member states are preparing for Russia to cut gas supplies due to the ruble dispute. A phone call between the German chancellor and the Russian president did not resolve the ongoing payment issue.
By Till Hoppe
