Germany Boosts Funding for Salzgitter's Low-Carbon Steel Initiative

Germany has announced an increase in funding for Salzgitter's low-carbon steel project, raising the total to €1.3 billion. Bloomberg posted on X, highlighting the government's commitment to supporting sustainable industrial practices. This initiative is part of Germany's broader strategy to reduce carbon emissions and promote environmentally friendly technologies in the steel industry. The increased funding aims to accelerate the development and implementation of low-carbon steel production methods, contributing to the country's climate goals.