Gas levy: heavy burden for industry

The German steel industry is expecting additional costs of €500 million a year due to the gas levy. The levy is significantly increasing the cost pressure on the steel industry already caused by the extreme price increases on the energy markets, explained Hans Jürgen Kerkhoff, President of the German Steel Federation, on Monday in Berlin. He added that the German government urgently needs to find ways to limit the costs caused by the gas levy.

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