Urgent.News

What's breaking now, across thousands of outlets.

Business

Green steel: Merz: Germany needs its own steel production

The Chancellor is showing himself to be a motivator. In Saarland, one can see that industry will also have a chance in the future.

Translated from German Read in German

Green steel: Merz: Germany needs its own steel production

German Chancellor Friedrich Merz has stated that Germany needs its own steel industry to remain an industrial nation and maintain its prosperity. During a visit to the Dillinger Hütte in Dillingen, Saarland, Merz saw the conversion of the Saar steel industry to produce climate-friendly green steel using hydrogen instead of coal, a project worth almost five billion euros.

He expressed confidence that Germany can modernize its basic industries to be competitive and climate-friendly. Merz also praised the involvement of the Saar steel holding company in a German start-up, Y-SIC, which has developed a patented process for producing high-purity silicon carbide, a critical material for the semiconductor industry.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Monday 28 September →