21.06.2021. 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, the Salzgitter Group is raising their earnings forecast for the financial year 2021 once more. This is conditionally on the assumption of a stable market development in spite of the latent coronavirus crisis. Salzgitter now anticipates a pretax profit of between 400 and 600 million € (previously: between 300 and 400 million €).
(Source: Salzgitter AG)
