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Published on 11/18/2025 at 12:03 pm GMT - Modified on 11/18/2025 at 01:26 pm GMT
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)
![Armin Papperger](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Armin Papperger is a businessperson who has been at the head of 18 different companies and is Chairman-Supervisory Board for Pierburg Huayu Pump Technology Co. Ltd., Chairman-Supervisory Board for Rheinmetall Waffe Munition ARGES GmbH, Chairman-Supervisory Board of Nitrochemie AG and Chairman-Supervisory Board for Kolbenschmidt Pierburg Shanghai Nonferrous Components Co., Ltd. Mr. Papperger is also on the board of Rheinmetall Defence Electronics GmbH, KS Huayu Alutech GmbH and Kolbenschmidt Huayu Piston Co., Ltd. and Chief Executive Officer of Rheinmetall AG. He previously occupied the position of Chairman-Supervisory Board for RWM Zaugg AG, Chairman-Supervisory Board for Rheinmetall Automotive AG, Chairman & Chief Executive Officer of American Rheinmetall Munitions, Inc., Chairman-Supervisory Board for Rheinmetall Defence UK Ltd., Chairman-Supervisory Board for Rheinmetall Canada, Inc. and Chairman-Supervisory Board at Nitrochemie Aschau GmbH.
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