【SMM Steel】Salzgitter buys Thyrolf & Uhle to expand defense offerings
【SMM Steel】Germany's Salzgitter agreed to buy Thyrolf & Uhle, a specialty steel processor in Dessau-Roßlau. The deal targets the defense market, with rising demand for military vehicles and infrastructure protection. Thyrolf & Uhle employs ~100 people and processes over 12,000 tons of steel/year. It is certified to handle ballistic protection steel in SECURE® grades 400-600. This adds sheet metal and component expertise meeting military standards. Salzgitter's CEO says it strengthens its position in a sector needing reliable materials. The deal needs regulatory approval.