11
Feb
13:26
Salzgitter confident for 2022 after 2021 earnings surge
Salzgitter posted pre-tax profit in 2021 of €707 million ($807m), on revenue of €9.8 billion, versus a loss of €196m in 2020, Kallanish learns from an ad-hoc statement.
Looking ahead, the German group speaks of a “decidedly encouraging start to the new year” and believes in a sustained, strong profit trend predominantly in the strip steel business. It thus anticipates an increase in 2022 revenue to just under €11 billion and a pre-t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous