European metallurgy is on the brink: the factories stop, the jobs disappear! High energy prices, cheap Chinese imports and weak demand are pushing the European metallurgy industry into a prolonged crisis. It is increasingly difficult to produce steel in Europe, and local companies are losing the market to foreign competitors. Thyssenkrupp cuts production and plans to cut 4,000 jobs. In Isberg, France, a factory shutdown threatens 1,200 jobs. According to the head of Total Metal, Oliver Zander, the metal and electrical industries in Germany could lose up to 150,000 jobs in 2026. Since 2018, these industries have already lost 270 thousand jobs. New clear details. up to a maximum.

European metallurgy is on the brink: the factories stop, the jobs disappear! High energy prices, cheap Chinese imports and weak demand are pushing the European metallurgy industry into a prolonged crisis. It is increasingly difficult to produce steel in Europe, and local companies are losing the market to foreign competitors. Thyssenkrupp cuts production and plans to cut 4,000 jobs. In Isberg, France, a factory shutdown threatens 1,200 jobs. According to the head of Total Metal, Oliver Zander, the metal and electrical industries in Germany could lose up to 150,000 jobs in 2026. Since 2018, these industries have already lost 270 thousand jobs. New clear details. up to a maximum.