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Global Trade Alert

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Germany: State aid measure to support Stahl-Holding-Saar in decarbonising steel production

Description

On 19 December 2023, the European Commission approved a EUR 2.6 billion (USD 2.85 billion) financial grant from Germany. The grant supports SHS Stahl-Holding-Saar GmbH & Co KGaA in the decarbonisa...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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