Suche
Mein Konto
Merz promotes a strong steel pact: secure jobs and promote prosperity!
On November 5, 2025, Chancellor Merz emphasized the importance of the steel industry for Germany's prosperity and called for clear results for a steel pact.
Merz promotes a strong steel pact: secure jobs and promote prosperity!
Today, November 5, 2025, there are important topics on the federal government's agenda. In a recent speech, Chancellor Merz emphasized the importance of the steel industry for the German economy. The Chancellor emphasized that competitive and sustainable steel production not only secures jobs, but is also crucial for the creation of value chains. “The steel industry is a foundation of our prosperity,” he said. This underlines the relevance of the sector today, especially given the challenges posed by the US-China trade conflict. The pressure on the industry is growing, and Merz is planning a meeting with representatives of the steel industry in the Chancellery, which will take place tomorrow.
Lower Saxony's Prime Minister Lies also spoke in this context, expecting clear results from the upcoming meeting. He calls for an effective steel pact that includes measures for fair trade, affordable energy and sustainable markets for green steel. Such initiatives are important not only for the steel industry, but also for everyone who relies on the value created by this industry.
The challenges of the steel industry
The steel industry is currently under immense pressure and the demands placed on it are becoming increasingly complex. The problems caused by the global trade conflict are affecting many companies in the industry. So the need for change is more urgent than ever.
The upcoming talks tomorrow could set a decisive course and show whether the government is able to find sustainable solutions that both take the environment into account and secure existing jobs. “We have to pull together,” said Merz. This will show whether the demands for fair trade and ecological responsibility can be implemented hand in hand.
What do the experts say?
It could also be noted here that in times when many industries rely on their reach, the mobility of products and the market are crucial factors for economic success. The steel industry is not exempt from this.
Overall, it can be said that the challenges facing the steel industry and the concrete steps that will be taken in the coming days are of crucial importance for the future of both the industry and the German economy. Let us remain curious to see whether the political actors can take the right direction.