The restructuring of the steel industry is making plant manufacturers’ cash registers ring. The German state has promised seven billion euros in support to domestic steel manufacturers alone, and Thyssenkrupp, Salzgitter, Saarstahl & Co. themselves are investing an even larger sum. However, and this is a problem, only a few plant manufacturers can build the required direct reduction plants (DRI). Production of sponge iron – and building the downstream electric arc furnaces. According to industry information, prices are currently correspondingly high. In addition, some companies feel ignored. The domestic steel industry is being restructured with billions in state aid, but the steel, equipment and many services required come from abroad, is the accusation.
Go to Source