Salzgitter - Latest news GMK Center

The project will reduce energy consumption by up to 30% and cut CO2 emissions in flat products production

The company will remain independent and continue its transformation towards green steel

The steel sector was affected by high energy prices and high imports

The deal will allow Hoberg & Driesch to strengthen its market position and expand its product range

Salzgitter hot rolling mill suspends production after fire

The company invests in a 100 MW electrolysis plant to switch to greener production

The company reported €445 million in EBITDA, although overall financial performance declined

Lower Saxony government and workers' representatives oppose the takeover

GP Günter Papenburg AG is considering taking control of the company through the acquisition of more than 45% of the shares together with TSR Recycling

The agreement is designed for seven years and will come into effect in 2027

In March, it was reported about negotiations regarding the purchase by steel producers of Vallourec's stake in HKM

Product sales during this period decreased by 10.2% y/y