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Thyssenkrupp Presses EU to Curb Russian Steel as Duisburg Blast Furnace Set to Shut This Year

Industry data show EU imports of Russian semi-finished steel have risen to 3.56 million tonnes, reinforcing calls to close sanctions loopholes.

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.