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VDMA boss questions subsidies for German steel industry

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Published: November 8th, 2023,
Last updated: May 28th, 2025

Stahlarbeiter Giesserei
A steel worker in a foundry.

The President of the German Engineering Federation (VDMA) is questioning state subsidies for the transformation of steel manufacturers in Germany. „We need to think about the basic materials industry from a European perspective and not primarily from a German one,“ said Karl Haeusgen in Berlin on Tuesday. There is far more green energy available in southern Spain or Scandinavia than in Salzgitter, Duisburg or Saarlouis, he said. The question could thus be „How appropriate it is for individual companies to be supported in their green transformation at these locations.“

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