Salzgitter and thyssenkrupp Steel Europe, Germany's leading steel manufacturers, are discreetly aligning their efforts to achieve the production of low-emission steel at the Hüttenwerke Krupp-Mannesmann mill, a joint venture in which they both hold stakes alongside Vallourec, reports Kallanish
Their collaborative research will focus on the HKM slab mill located in Duisburg, where the two groups are already partners. Previously, thyssenkrupp Steel held a 50% stake in HKM, while Salzgitter and Vallourec held 30% and 20% respectively. However, with the closure and sale of Vallourec's operations in Germany, it appears that the tubemaker is stepping back from its involvement in HKM, although no official statement has been issued to confirm this.
