Boschgotthardshütte was founded in 1467 as so-called “Hammer an der Ferndorf”. Siegerland district was well known for rich deposits of iron ore, deep forrests and fine water energy sources.

The forging tradition lasted until 60´s of the 20th century when the first steel production facility was commissioned here. With its 40 tons electric arc furnace, AOD converter and laddle furnace the mill focuses on high-alloyed special steels and high-grade structural steel mainly.