Overview
- The SPD parliamentary group’s internal draft reserves a potential state entry into steel production for narrowly defined, exceptional cases as an ultima ratio.
- The draft endorses the European Commission’s proposal to nearly halve tariff‑free steel import volumes and levy 50% duties on excess amounts, which still requires approval by EU states and Parliament.
- Berlin is pursuing a subsidised industrial electricity price for energy‑intensive firms, with Finance Minister Lars Klingbeil and Economics Minister Katherina Reiche targeting a year‑end deal with the Commission on the scheme’s design.
- The package calls for Buy European procurement rules, stronger dumping defenses, boosted demand for green steel in public tenders, and a faster hydrogen ramp‑up to support decarbonisation.
- Industry data cited in the coverage report roughly 80,000 direct steel jobs and about 4 million in steel‑intensive sectors, with 2024 revenues down €5.3 billion to €45.3 billion, and the SPD notes measures depend on available budget funds.