Steel is everywhere – across the globe. It is traded, used to build and recycled internationally. It is available in large quantities and at low cost. It can be melted down and reused without detrimental effects on its quality. It can be rolled, milled, welded, forged, and formed into all kinds of shapes. It is qualities like these that make steel indispensible. Without steel, construction projects could not be realised. Without steel transport would be impossible. Without steel, the energy transformation would not happen.
Germany plays a crucial part in worldwide production. The Federal Republic is the largest producer of steel in the EU and the seventh largest in the world. German steel works are set apart by their modern facilities. Research and development in the field are leading edge. Germany also develops innovative recycling methods. As a result, the steel sector is highly significant as one of the most important pillars of the German economy.