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Salzgitter AG (SZGG.DE)

SZGG.DE on Xetra

50.10EUR
18 Jan 2018
Change (% chg)

€-0.06 (-0.12%)
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Fri, Sep 29 2017

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Salzgitter builds new line for automotive steel

FRANKFURT German steelmaker Salzgitter will build a third hot-dip galvanising line to strengthen its position in the market for premium steel used in the car industry, it said on Friday.

UPDATE 1-Salzgitter builds new line for automotive steel

* Salzgitter wants to focus on premium products (Adds industry context, analyst quote)

Salzgitter builds new line to strengthen position in automotive

FRANKFURT, Sept 29 German steelmaker Salzgitter will build a third hot-dip galvanising line to strengthen its position in premium steel for the automotive industry, it said on Friday.

UPDATE 2-German cartel office deepens steel investigation, searches firms

* Thyssenkrupp, Kloeckner say were not searched (Adds ArcelorMittal, German steel federation)

Germany's Salzgitter has no plans to close U.S. factories: CEO in Die Welt

FRANKFURT German steelmaker Salzgitter is not planning to close factories in the United States, where it is suffering from import duties that were slapped on some of its products, the group's chief executive told a German newspaper.

Germany's Salzgitter has no plans to close U.S. factories - CEO in Die Welt

FRANKFURT, Aug 31 German steelmaker Salzgitter is not planning to close factories in the United States, where it is suffering from import duties that were slapped on some of its products, the group's chief executive told a German newspaper.

UPDATE 1-GMH says owner is no supporter of plan for German steel champion

* Salzgitter, Lower Saxony reject such plans (Adds Lower Saxony spokeswoman, trader comment, context)

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