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Germany's big steelmakers call for swift implementation of EU action plan
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Germany's big steelmakers call for swift implementation of EU action plan
Apr 7, 2025 7:42 AM

DUSSELDORF, April 7 (Reuters) - Thyssenkrupp Steel

Europe (TKSE) and Salzgitter on Monday

called for the EU Commission's action plan to be implemented as

swiftly as possible to shield the sector from U.S. President

Donald Trump's tariff measures.

"Europe must not be left defenceless in the face of

growing import pressure," said Gunnar Groebler, CEO of

Salzgitter, Germany's second-largest steelmaker, in a statement.

Groebler said the EU needed to act decisively while also

keeping dialogue with the U.S. open.

TKSE, Germany's largest steelmaker, said the plan was an

"important impetus" to strengthen the ailing sector's

competitiveness as well as decarbonise it.

The "current geopolitical situation" made its

implementation all the more urgent, said Dennis Grimm, TKSE

executive board spokesperson, in a statement to Reuters.

In addition, the introduction of binding minimum quotas

for "European content" in private and public procurement should

be emphasized in order to strengthen domestic markets, he said.

European Commission President Ursula von der Leyen held

a call with metals industry representatives on Monday and was

speaking to the automobile sector later.

The calls aimed to collect data for further counter-measures

beyond Brussels' upcoming response to Washington's steel duties,

which will be voted on later this week.

The 27-nation EU bloc faces 25% import tariffs on steel

and aluminium and cars.

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