The Wall Street JournalThe Wall Street Journal

Facing a battle for armored steel, this tank maker bought the factory

By Alistair MacDonald

11 Jul 2023 · 4 min read

informed Summary

  1. As the West races to rearm, defence companies are scrambling to secure the specialty metals they need for tanks and other armored vehicles.

MÜLHEIM, Germany—Threatened with a shortage of the hardened steel used to make parts of its tanks, one arms company went on the offensive: It bought a 200-year-old steel foundry to ensure supply.

Now, the 1,500-degree-Celsius molten metal pouring out of a giant ladle here will be used to make parts for KNDS’s Leopard 2 tanks and other armored vehicles that are currently playing a starring role on Ukrainian battlefields.

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