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

    Rheinmetall to buy mostly European steel in future, says CEO

    Published by Global Banking & Finance Review®

    Posted on November 18, 2025

    1 min read

    Last updated: January 20, 2026

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    Tags:sustainabilityinnovationEuropean economies

    Quick Summary

    Rheinmetall will source steel mainly from Europe, focusing on Germany, as part of its new strategy, according to CEO Armin Papperger.

    Rheinmetall Shifts Steel Sourcing to Focus on Europe, CEO States

    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)

    Key Takeaways

    • •Rheinmetall plans to source steel primarily from Europe.
    • •The company previously sourced steel from India and China.
    • •CEO Armin Papperger announced the shift in strategy.
    • •The change aligns with Rheinmetall's new midterm targets.
    • •Focus on European steel supports regional industry.

    Frequently Asked Questions about Rheinmetall to buy mostly European steel in future, says CEO

    1What is sustainability?

    Sustainability refers to the ability to maintain or improve certain essential processes or systems over time without depleting resources or causing harm to the environment.

    2What is innovation?

    Innovation is the process of creating new ideas, products, or methods that improve efficiency, effectiveness, or competitive advantage in various fields, including finance and technology.

    3What is a supply chain?

    A supply chain encompasses all the steps involved in producing and delivering a product or service, from raw materials to final delivery to the consumer.

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