After the "steel summit" in the Chancellery, Elbe-Stahlwerke Feralpi expects the federal government to act quickly. It is now crucial that the political commitments are quickly followed by concrete measures, explained Uwe Reinecke, Director of Feralpi Stahl in Riesa. Feralpi Stahl is one of the ten largest steel producers in Germany. The plant in Riesa produces construction steel almost exclusively from recycled scrap.
Reinecke described the "steel summit" in the Chancellery on Thursday as an "important step in the right direction". Important topics such as trade protection and competitive energy prices could have been addressed. The company had already called for a capped industrial electricity price and reliable framework conditions for grid fees, among other things.