Overview
- Germany’s steel association reports Russian semi-finished steel imports into the EU have increased to 3.56 million tonnes this year from 3.26 million tonnes in 2024.
- Thyssenkrupp Steel says it will shut one of four blast furnaces in Duisburg by the end of the year.
- Wirtschaftsvereinigung Stahl and Thyssenkrupp urge punitive EU tariffs on Russian brammen or tighter sanctions, with Berlin asked to push the case in Brussels.
- Industry leaders warn of a projected global overcapacity of about 700 million tonnes by 2027 and criticize the EU–US tariff deal for diverting excess supply to Europe.
- Thyssenkrupp flags major job risks, citing around 11,000 threatened positions and the vulnerability of strategic specialist steels such as Elektroband made in Gelsenkirchen.