Overview
- Workers launched a short walkout early Thursday after a fruitless negotiating round the day before.
- Thyssenkrupp Steel and Salzgitter joined the talks for the first time, yet no progress was reported.
- IG Metall detailed severance terms: one-twelfth of annual pay multiplied by 3.0 with a €60,000 minimum, plus 0.5 adders per child or dependent in care and for union members, and partial retirement for those born in 1968 or earlier.
- Salzgitter signaled it could continue operations if Thyssenkrupp Steel and Vallourec contribute to funding the transformation.
- Uncertainty has grown since Thyssenkrupp Steel canceled HKM’s supply contract in April, which still runs until 2032, and up to 2,000 jobs could be lost even if an electric arc furnace replaces the blast furnaces.