Thyssenkrupp Steel says EU action plan must be swiftly implemented

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Thyssenkrupp Steel says EU action plan must be swiftly implemented

, Reuters - 7:57 AM ET 4/7/2025 default

DUSSELDORF, April 7 (Reuters) - Thyssenkrupp Steel Europe (TKSE) supports the swift implementation of the EU Commission's steel action plan in light of the current geopolitical situation, said Dennis Grimm, spokesperson of the TKSE executive board, on Monday.

"Furthermore, the introduction of binding minimum quotas of 'European content' in private and public procurement is particularly important to strengthen domestic markets," added Grimm in a statement sent to Reuters.

European Commission President Ursula von der Leyen held a call with metals industry representatives on Monday and was speaking to the automobile sector later to discuss how to respond to U.S. tariffs.

The calls aimed to collect data for further counter-measures beyond Brussels' upcoming response to Washington's steel duties, which will be voted on later this week. (Reporting by Tom Kaeckenhoff, Writing by Miranda Murray, Editing by Rachel More)

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