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Germany's chancellor gathers leaders to tackle steel industry crisis amid falling output, high costs, and imports.
German Chancellor Friedrich Merz convened a steel summit with industry, labor, and government leaders to address a crisis in the steel sector, marked by falling production, high energy costs, and cheap imports.
The industry, vital to manufacturing and employing 80,000 directly, faces challenges including delayed green projects and potential EU import tariffs.
A new state power subsidy starts in January, while officials weigh trade and climate policies.
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El canciller de Alemania reúne a los líderes para abordar la crisis de la industria del acero en medio de la caída de la producción, los altos costos y las importaciones.