Strong signal for the bridge power price

Innovations  |  10/09/2023

The Swiss Steel Group, a leading international supplier of special long steel and market leader in the field of green steel, is joining the German Steel Federation in calling for a bridge electricity price for energy-intensive companies. This important signal for safeguarding the competitiveness of German industry was sent out jointly by the 16 heads of state in Brussels today.

Aina Berger

Anina Berger
10/09/2023  ·  2 min read

Swiss Steel Group unterstützt das starke Signal für den Brückenstrompreis der Ministerpräsidenten und der Wirtschaftsvereinigung Stahl

The Swiss Steel Group, which has several sites in Germany, underlines the importance of this agreement, which has been approved across party lines. Bernhard Osburg, President of the German Steel Federation, emphasized the urgency of this measure in order to maintain employment, innovation and value creation in Germany. "Especially in times of necessary economic transformation, the course must be set for affordable electricity. The introduction of a temporary bridge electricity price is crucial in order to protect energy-intensive companies from extremely high electricity costs and thus maintain the competitiveness of entire industries," said Osburg.

The Swiss Steel Group, which is active in the steel industry worldwide, emphasizes that the availability of competitive electricity is crucial to encourage investment in sustainable technologies and innovation. The planned removal of the energy and electricity tax peak equalization would further increase costs for energy-intensive companies and jeopardize their ability to implement much-needed changes.

"We are joining the 'Allianz pro Brückenstrompreis' and support the call for an immediate decision. The time for this important measure is now to ensure that Germany can maintain its prosperity and economic strength in a sustainable future," emphasized Frank Koch, CEO of the Swiss Steel Group.

Koch continued: "The Swiss Steel Group is ready to play an active role in finding solutions and to support the initiative of the German Steel Federation for a bridge electricity price in order to protect German energy-intensive companies and to maintain the basis for a strong, sustainable business location.

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Helmut Freiherr von Fircks

Steeltec AG, Emmenweidstrasse 90 6020 Emmenbruecke Switzerland

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Anina Berger

Steeltec AG, Emmenweidstrasse 90 6020 Emmenbruecke Switzerland

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