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Home > Headlines > Rheinmetall to buy mostly European steel in future, says CEO

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Rheinmetall to buy mostly European steel in future, says CEO

Published by Global Banking and Finance Review

Posted on November 18, 2025

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DUESSELDORF, Germany (Reuters) -Rheinmetall plans to buy steel mostly in Germany or in Europe in the future, said CEO Armin Papperger on Tuesday after the German defence company unveiled its new midterm targets.

Rheinmetall, which uses a substantial amount of steel for its defence products, has bought from India or China in the past, said Papperger. "Bring it back to Europe," he said.

(Reporting by Matthias Inverardi and Miranda Murray, editing by Thomas Seythal)

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