With the commissioning of the new special steel plant in Kapfenberg, Austria, a pioneering strategic step was taken in the business year 2023/24 to focus the product range on the top quality segment. In order to strengthen the position of the High Performance Metals Division in global competition, a sales process was initiated in the course of the strategic realignment of Buderus Edelstahl in Wetzlar, Germany.

The aerospace sector is a growing business area. Due to increasing demand, the sales network for materials in Europe and North America has been expanded. As the sole supplier of titanium sheet for the aerospace industry in Europe, the High Performance Metals Division has concluded its first contracts for the supply of titanium sheet in North America and Asia.

The High Performance Metals Division also strengthened its position as a global partner for oil and gas companies in the most important regions in the business year 2023/24.

The global sales and service network, which focuses on heat treatments, coatings, mechanical processing, and additive manufacturing, continued to grow in the business year 2023/24.