Lower energy prices are the focus of the action plan for the metal and steel industry. The Commission intends to adopt the plan on Wednesday. A draft is available to Table.Briefings.
By Markus Grabitz
If the USA introduces tariffs on steel and aluminum on Wednesday, the EU Commission will react quickly with countermeasures. The trade conflict is likely to put further strain on tense relations.
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China's steel sector jeopardizes the country's climate targets. Low-carbon production processes such as electric arc furnaces or the use of hydrogen are only making slow progress. Coal-based steel and iron production would have to fall rapidly to meet the country's climate targets.
By Nico Beckert
In a video conference arranged at short notice, the EU trade ministers discussed the US President's tariff threats. According to one diplomat, the EU is "determined to react firmly". However, the aim is de-escalation.
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Donald Trump wants to impose tariffs of 25 percent on steel and aluminum. Alarm bells are ringing in the already ailing European steel industry. Not only the USA, but also other countries could become a problem for the EU steel industry.
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The Commission wants to greatly expand the exemptions from the CO2 border adjustment mechanism. The DIHK is pleased with the relief. However, according to a media report, the Commission is also considering including additional sectors in the CBAM.
By Manuel Berkel
In order for the European steel industry to survive the transformation, the EU Commission should become more active. A European steel pact would have to combine countervailing duties, green energy supply and public procurement.
By Experts Table.Briefings
New Delhi has decided to impose additional tariffs on certain steel products from China. In Berlin, Foreign Minister Jaishankar emphasized that India is "not closed to doing business with China."
By Amelie Richter
Kerstin Maria Rippel has been Managing Director of the German Steel Federation for ten months. She wants to make the industrial sector more sustainable, in the midst of a crisis of all things.
By Redaktion Table
Chancellor Olaf Scholz, along with 34 other countries and the EU, has officially founded the Climate Club. Originally planned as an exclusive group for particularly ambitious decarbonizers, it has now become a discussion forum without much impact.
By Lukas Knigge
