Budget Shortfall Sparks Crisis in German Steel Sector: Uncertainty Looms Over Billions in Planned Investments, Industry’s Viability at Risk

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The German steel sector, facing a substantial budget shortfall due to a court ruling, is sounding an alarm on the nation’s industrial transformation. With more than 40 billion euros ($44 billion) in planned investments now under scrutiny, the sector is grappling with a loss of confidence and growing uncertainty.

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