02/09/2026
1974 – A Bold Decision in Uncertain Times
The 1970s were shaped by oil crises, uncertainty and pressure on global industries.
Yet BENTELER remained adaptable. While the global steel market suffered, the company increasingly shifted its focus towards high-quality speciality steels and speciality tubes.
The willingness to invest also remained high during this period. In 1974, BENTELER opened its own electric steel mill in Lingen, Germany.
The investment strengthened independence in steel production and secured greater control over quality and supply.
Some of the most important decisions are made in the most challenging times.