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DE0006202005
Tue, 04.10.2022       Salzgitter Aktiengesellschaft

The EU Commission has today notified the application for Salzgitter AG concerning the funding of the SALCOS® - Salzgitter Low CO2 Steelmaking transformation program, and has therefore declared the state aid measures applied for to be compatible with European law. Another essential precondition for the granting of the requested national funding has  [ … ]
Tue, 04.10.2022       Salzgitter Aktiengesellschaft

The EU Commission has today notified the application for Salzgitter AG concerning the funding of the SALCOS® - Salzgitter Low CO2 Steelmaking transformation program, and has therefore declared the state aid measures applied for to be compatible with European law. Another essential precondition for the granting of the requested national funding has  [ … ]
Wed, 13.07.2022       Salzgitter Aktiengesellschaft

In its meeting today, Salzgitter AG’s Supervisory Board unanimously approved the Executive Board’s application to make own funds of € 723 million available for the first expansion stage of the SALCOS®-project. The aim of SALCOS® is to fully convert the integrated steelworks in Salzgitter in three stages to low-CO2 crude steel production by 2033. Up [ … ]
Wed, 13.07.2022       Salzgitter Aktiengesellschaft

In its meeting today, Salzgitter AG’s Supervisory Board unanimously approved the Executive Board’s application to make own funds of € 723 million available for the first expansion stage of the SALCOS®-project. The aim of SALCOS® is to fully convert the integrated steelworks in Salzgitter in three stages to low-CO2 crude steel production by 2033. Up [ … ]
Wed, 22.06.2022       Salzgitter Aktiengesellschaft

The Steel Production and Trading business units continued to benefit from the clear uptrend in prices and demand across all steel products in the second quarter as well. As a result of the most recent consolidation in steel prices, we expect the above-average margins to narrow in the second half of the year. Based on an excellent half-year result a [ … ]
Thu, 21.04.2022       Salzgitter Aktiengesellschaft

According to the preliminary figures now available, the Salzgitter Group generated earnings before taxes of € 465 million in the first quarter of 2022 (Q1 2021: € 117 million), thereby notably exceeding current market expectations. This performance was especially attributable to the gratifying results of the Steel Production and Trading business un [ … ]
Thu, 10.02.2022       Salzgitter Aktiengesellschaft

The Salzgitter Group achieved pre-tax profit of € 706.7 million (2020: € -196.4 million) in the financial year 2021. The Strip Steel and Trading business units made major contributions to the substantial improvement in profit. Furthermore, the sections segment reported an outstanding result despite the massive increase in energy prices, and the Tec [ … ]
Thu, 28.10.2021       Salzgitter Aktiengesellschaft

According to the preliminary figures now available, the Salzgitter Group generated a pre-tax profit of € 604.5 million in the first nine months of the financial year 2021 (9M 2020: € -224.4 million), thereby outperforming current market expectations. All segments lifted their results in comparison with the previous quarter. The main drivers were on [ … ]
Tue, 07.09.2021       Salzgitter Aktiengesellschaft

Following the strong first half year, the Salzgitter Group's good performance continued in the summer quarter as well. The sustained upbeat development in prices and demand is especially reflected in the excellent results of the Strip Steel and Trading business units. Furthermore, the margin situation in the section steel product segment improved,  [ … ]
Tue, 15.06.2021       Salzgitter Aktiengesellschaft

After an encouraging start to the year, accompanied by a dynamic increase in rolled steel prices, the European steel market continued its uptrend in the months that followed. Given the better-than-recently-expected earnings situation, above all in the Trading Business Unit, we are raising our earnings forecast for the financial year 2021 once more  [ … ]

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