EconomySteel Giant Shuts Down Plants in Germany, Sparking Energy Crisis Fears00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintGerman Economy and Climate Action Minister Robert Habeck speaks during a news conference on the future use of liquefied natural gas in Berlin, Germany, on Aug. 16, 2022. Lisi Niesner/File Photo/ReutersBryan Jung10/26/2022|Updated: 10/27/2022The energy crisis has been hitting Europe’s largest economy hard, with two of Germany’s largest steel manufacturing plants being forced to shut down.ArcelorMittal’s plan to deactivate one of its largest steel plants in Hamburg last month caused shockwaves through out the industry.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentBryan JungAuthorBryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University. Author’s Selected ArticlesUS Homebuilder Sentiment Tanks Again Amid Spike in Mortgage Rates, Erasing Months of GainsSep 19, 2023Over 58,000 Pounds of Ground Beef Recalled Due to E.coli DiscoverySep 19, 2023RFK Jr. Calls for Banning Fracking to Tackle Plastics Pollution in WaterwaysSep 18, 2023New York Law Requiring Employers to Post Pay Rates on Job Listings Takes EffectSep 18, 2023Related TopicsGermanysteelenergy crisis
