12,702.00 TRY BIST 100 BIST 100
50.93 EUR EUR EUR
44.08 USD USD USD
6.41 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.19 TRY Interest Interest
92.57 USD Fossil Oil Fossil Oil
5.90 USD Copper Copper
126.41 USD Silver Silver
100.32 USD Iron Ore Iron Ore
360.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,326.26 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Germany's rail and steel industries are working together for climate-friendly infrastructure

The German Steel Industry Association (Wirtschaftsvereinigung Stahl) highlighted the central role of the steel industry in sustainable rail infrastructure at a meeting of the Rail Industry Advisory Board with Federal Minister of Transport Patrick Schneider and State Secretary Stefan Schnorr.

Germany's rail and steel industries are working together for climate-friendly infrastructure

Kerstin Maria Rippel, Director General of the Association, emphasized the critical importance of rail freight transportation for the industry and stated, "Steel and rail - an unbeatable team. Accounting for around 50 percent of total freight transport, rail is the most important mode of transportation for both raw material logistics and product transport,". Rippel emphasized that steel is not only a transport material, but also the basic building block of the railway infrastructure, from rails to bridges to railcars.

The German steel industry welcomed the Federal Government's special fund “Infrastructure and Climate Neutrality” (SVIKG), which will invest 107 billion euros in rail infrastructure by 2029. Rippel stated: "The ‘K’ in SVIKG stands for climate neutrality. This principle must be taken into account in the implementation process."

Climate-friendly steel is the key to sustainable rail infrastructure

The statement emphasized that the use of steel plays a critical role in reducing emissions from railway infrastructure and that this goal can only be achieved through low-emission local steel production. In this context, it was stated that the pioneering projects to be carried out with Deutsche Bahn, which are included in the coalition agreement, should no longer be postponed.

It was also noted that the steel industry needs reliable transportation systems for the continuity of its logistics activities. Single-wagon transport, which is especially vital for specialized supply chains, should continue to be supported. The preservation of subsidies in this area in the new draft budget is seen as a positive development, but implementation details are still open for improvement.

In conclusion, Rippel stated that "Steel is not only the pioneer of rail, but also of mobility and the climate transition. Anyone looking to make infrastructure resilient must rely on local value chains and low-emission, domestically produced steel,".

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Pioneer of Türkiye's cement industry, Öner Akgerman passed away

Tuesday, March 10, 2026

SMS group and CELSA Barcelona commission the Condoor® system for the second electric arc furnace

Tuesday, March 10, 2026

Al Jazeera Steel announced the official opening of its medium section steel mill in Abu Dhabi

Monday, March 9, 2026

The announcement date for the first CBAM certificate price has been confirmed

Monday, March 9, 2026

The European Fasteners Association reacted to the CBAM implementation

Monday, March 9, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now