The energy in crisis in Germany is turning into a manufacturing crisis, with an executive at the ArcelorMittal steel company saying that the German wing of the company can no longer compete due to soaring energy coasts. “Production in Germany is currently no longer competitive,” said Reiner Blaschek, the CEO of ArcelorMittal Germany, which recently … Continue reading ‘Production in Germany is no longer competitive’ – CEO at world’s largest steel manufacturer warns of crisis as plants shut down