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Germany’s Grid Gambit: A Subsidy Scrap & Steel Sector’s Stanc

Germany's government plans to cut €1 billion annually from electricity grid subsidies. The steel association strongly opposes this move, warning it undermines recent relief measures. Industry leaders say the cut threatens planning security and competitiveness. They demand the full €6.5 billion support be maintained to enable the transition to climate-neutral production by 2045.

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