Germany's Salzgitter to build new HDG line to supply automotive sector

July 12, 2019 / www.metalbulletin.com / Article Link

Salzgitter Flachstahl, a flat steel subsidiary of German steelmaker Salzgitter, plans to build a hot-dipped galvanizing (HDG) line with capacity for 500,000 tonnes per year, the company said on Thursday July 11.

The new production facility will be intended to supplement the company's existing capacities."This project is a key component in the strategy of the Salzgitter Group that focuses on qualitative growth for its strip steel business. It will help us to strengthen our market position as a producer of premium products for national and international customers in the automotive industry," Salzgitter chief executive officer Heinz J??rg said."We have decided to make this...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok