Talks between ThyssenKrupp and Indian steel conglomerate Jindal International Steel regarding a stake in thyssenkrupp Steel have been halted for the time being. After months of negotiations, the failure of a strategically important deal for Germany's largest steelmaker is becoming apparent. For the building materials industry, the situation remains tense: the struggling steel division is struggling with high energy costs and stricter CO₂ regulations, while at the same time demand for green steel for climate-neutral construction projects is increasing. Without capital inflows or a partner, the transformation to low-CO₂ production is likely to be further delayed – with direct consequences for the availability and prices of decarbonized steel products in construction.