14/04/2010 (Agence Europe) - On Wednesday 14 April, the European Commission authorised Germany to grant €19.1 million for an energy-saving steel production project run by Salzgitter Flachstahl GmbH, a subsidiary of the Salzgitter AG group. The aid will allow Salzgitter to produce steel through an innovative production process, which consumes less energy than alternative processes. In a press release the Commission highlights that “the aid is in line with EU guidelines on state aid for environmental objectives because on balance, the positive effects for the environment largely outweigh potential distortions of competition”. (O.L./transl.fl)