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DE0006202005
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 [ … ]
Tue, 07.06.2022       Salzgitter Aktiengesellschaft

Use of high-quality iron ore products for SALCOS® to be examined Rio Tinto and the Salzgitter Group have agreed in an MoU – Memorandum of Understanding – to examine technical, logistical and grade-specific issues for low-carbon supply chains and green steel production processes. The focus will be on the future supply of high-quality iron ore prod [ … ]
Thu, 12.05.2022       Salzgitter Aktiengesellschaft

- Earnings before taxes (EBT) quadruple to € 465.3 million - Steel Production and Trading business units as key drivers of the positive development - SALCOS® - Salzgitter Low CO2 Steelmaking: Supervisory Board on the verge of an investment decision - Outlook for the financial year 2022: sales of just under € 11 billion and a pre-tax profit of betwe [ … ]
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 [ … ]
Wed, 13.04.2022       Salzgitter Aktiengesellschaft

Salzgitter AG's subsidiary Mannesmann Grossrohr GmbH (MGR) has been commissioned by transmission system operator Open Grid Europe GmbH (OGE) with the delivery of line pipes for the Wilhelmshaven Pipeline Link (WPL). The laying of the pipeline at short notice serves to diversify the sources of gas. This project is a prime example of the close and s [ … ]
Mon, 21.03.2022       Salzgitter Aktiengesellschaft

Volkswagen Group and Salzgitter AG sign Memorandum of Understanding on supply of low-CO2 steel from the end of 2025 Salzgitter AG plans to start production of low-CO2 steel on new production route from the end of 2025. Expected CO2 savings after completion of the transformation: more than 95 percent. Volkswagen Group wants to become one of the  [ … ]
Mon, 21.03.2022       Salzgitter Aktiengesellschaft

- Pre-tax profit of € 706 million - Strip Steel and Trading business units as the main drivers of the positive development - Outlook for the financial year 2022: sales of just under €11 billion and a pre-tax profit of between € 600 million and € 750 million In the financial year 2021, the Salzgitter Group generated a pre-tax profit of € 705.7 mill [ … ]
Thu, 17.03.2022       Salzgitter Aktiengesellschaft

- Supervisory Board approves adjustment to the Group structure, effective April 1, 2022 - Next logical step in the company's new strategy - Volker Schult, member of the Group Management Board, to leave the company on December 31, 2022; Dr. Sebastian Bross to take over as head of the Trading Business Unit, effective January 1, 2023 In its meeting t [ … ]
Tue, 08.03.2022       Salzgitter Aktiengesellschaft

Castellanza / Salzgitter, March 8, 2022 - Salzgitter AG and Tenova are stepping up their close technical cooperation and have concluded an important agreement for the realization of SALCOS(R) - SALzgitter Low CO2-Steelmaking. The two partners have signed a Memorandum of Understanding, thereby substantiating their close cooperation in the next step [ … ]
Mon, 21.02.2022       Salzgitter Aktiengesellschaft

Especially grid-compatible concept of Uniper electrolysis plant in Wilhelmshaven through potential direct connection to new offshore gigawatt wind farm Feasibility study of pipeline transport and storage of green hydrogen Salzgitter and Uniper plan to work together with other prestigious partners Joint positioning through policy makers and regul [ … ]

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