German Finance Minister Lars Klingbeil, during the presentation of the 2026 draft budget to lawmakers on Tuesday, announced that he would fight resolutely for the future of steel production in the country and provide assurances to workers in the sector.
The minister emphasized that securing the jobs of around 80,000 people employed in the steel industry in the coming weeks would play a critical role.
Klingbeil said, “We must not allow cheap and dirty steel from China or other countries to enter Germany and replace domestic steel.”
Source: Reuters
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