Steel: German Social Democrats call for nationalisation of steel mills15 October 2025 – Raise steel tariffs, expand CBAM, hand out billions in tax money as election gifts, nationalise steel mills: the Social Democrats (SPD) want to “save” Germany’s steel mills. But with their newly published position paper “Policy for a Future-Proof Steel Industry in Germany and Europe,” they are in fact declaring economic war on millions of small and medium-sized enterprises, the real backbone of the economy. “Social and fair for all”? The SPD seems not to care. Source