Germany's "Business Daily" reported on October 22 that Germany established a steel alliance to defend the future market position of the steel industry.

At the first National Steel Summit in Saarbrücken on Monday, government representatives from Saarland, North Latitude, Brandenburg and Lower Saxony, as well as Bremen and Hamburg signed an agreement to set up steel alliance. The slogan of the conference was “Strengthening Steel and Protecting the Future”. About 2,500 guests including the Federal Government, the German Steel Federation, the German Metal Industry Union (IG Metall) and industry experts attended the summit.

Saarland’s Minister of Economy, Hellinger, said that the alliance’s goal is “to unite and maintain the German market position in the steel industry and promote future European development.” The Alliance’s request at the meeting was that EU emission standards and reforms Treat the industry fairly in an innovative context. At the same time, it is emphasized that steel will remain an indispensable resource in countries with low carbon dioxide emissions.

In his opening speech, German Foreign Minister Haike Maas pointed out that according to a new analysis of the World Economic Forum, no country has the ability to innovate like Germany. This also brings hope to the steel industry: “Steel is not a museum, and steel is the future.”