Sorry, Minister Habeck — you can secure the sector’s future or you can impose “climate-friendly” production but you can’t do both.
DECLINE IS A CHOICE: Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeup. Germany’s largest steelmaker, a division of Thyssenkrupp AG, is under pressure from cheaper Asian competitors, high power prices and a weakening global economy, leading to operating losses in four of the past five years. Under the restructuring, Thyssenkrupp Steel Europe …