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German Steel Federation: Automotive package welcome while high energy costs continue to burden industry

Kerstin Maria Rippel, CEO of the German Steel Federation (WV Stahl), commented on the concrete measures announced by the German federal government to strengthen the industrial base and ease the burden of energy prices following the coalition committee meeting.

German Steel Federation: Automotive package welcome while high energy costs continue to burden industry

Rippel welcomed the government’s agreement on a unified and clear position regarding the EU automotive package, noting that support for the European Commission’s proposed crediting mechanism for low-emission steel was particularly positive.

She said this approach would give the automotive industry greater flexibility in its transition towards climate neutrality, while also strengthening demand for low-emission steel and helping to create a significant market for such production within the European Union.

Rippel stressed that the mechanism not only supports the transformation of the automotive sector but also represents a key step in encouraging green steel investments, underlining its strategic importance for the industry.

However, she criticized coalition partners for excluding the industrial sector from the emergency energy programme, pointing out that energy-intensive industries have been under severe cost pressure since the recent energy crisis and have seen their international competitiveness weaken. She added that this has made energy costs even more critical and that previously announced support measures must be implemented without delay.

In particular, Rippel called for urgent action on electricity price compensation, demanding a fixed and predictable electricity price mechanism for industry at around EUR 50, including all components such as grid fees, taxes, and levies. She concluded that current conditions clearly highlight the need for a strong and reliable policy framework to safeguard the industry’s long-term competitiveness.

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