Germany-based Salzgitter announced that it plans to become the sole owner of the steel joint venture HKM (Hüttenwerke Krupp Mannesmann) from mid-2026 by purchasing the shares of the company’s other partners.
German steelmakers thyssenkrupp Steel and Salzgitter AG have announced that they have reached an agreement on the future of the Hüttenwerke Krupp Mannesmann (HKM) joint venture following intensive negotiations.
Hüttenwerke Krupp Mannesmann (HKM), a leading German steel producer, has chosen Primetals Technologies to supply new Mold Expert Fiber systems for installation at its Duisburg plant ... HKM is jointly owned by Salzgitter, thyssenkrupp, and Vallourec.
Agreement regulates the sale of shares in HKM from thyssenkrupp Steel to Salzgitter AG effective June 01, 2026. Salzgitter AG will continue to operate HKM under its sole responsibility in a reduced scope.
German steel producer Hüttenwerke Krupp Mannesmann (HKM) has signed an agreement with Primetals Technologies to implement next-generation mold monitoring technology to upgrade continuous casting operations at its Duisburg plant.
HKM is currently jointly owned by thyssenkrupp Steel (50%), Salzgitter (30%), and French pipe manufacturer Vallourec (20%) ... Salzgitter stated that it could consider reducing HKM's annual capacity from ...