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Salzgitter’s Strategic Seizure: HKM’s Harmonious Hegemony
Salzgitter will likely own HKM fully by June. The Duisburg mill produces slab, a key steel input. The CEO aims to supply European markets and the defense sector. Russian slab imports declined sharply after sanctions. HKM’s output will help fill that gap. A three-year upgrade plan awaits public subsidies. A summer blast furnace reline is scheduled.
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