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Merz Mandates Metallic Metamorphosis Amid Manufacturing Malaise
German Chancellor Merz demands a robust steel strategy during his Saarland visit, calling domestic steel production a "strategic interest." The industry faces mounting pressure from Chinese competition, elevated energy costs, & US tariffs. ArcelorMittal recently abandoned plans to convert two plants to climate-friendly production. Government officials advocate for steel summits & binding climate criteria in public procurement to support the sector's green transition.
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