Salzgitter Soars – Bundeswehr Gives Green Light for Armour Steel “Secure 500®”
Reading Time: 3 minutes
Salzgitter AG has reached a significant milestone: The group has received military approval for its high-strength special steel Secure 500®, which can now be used in security-relevant applications for the Bundeswehr (German armed forces). The news triggered a noticeable stock market reaction – the share price rose by over 23% on Tuesday, making it the strongest performer in the SDAX. The story behind it: Secure 500® was originally developed for civil protection but is now officially suitable for armored applications – for example, in vehicles...
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