DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG expands product range to include green strip steel

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Before the end of this year 2020, Salzgitter AG will be able to offer its customers a range of green strip steel products in specified grades and dimensions.

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Provider:

EQS

Retrieved on:

Tuesday, August 18, 2020

Information

Tags:

Food and drink, Salzgitter AG, Industries, Salzgitter, Food industry, Steel mill, Heinz, Fuhrmann

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Organisation:

SALZGITTER AKTIENGESELLSCHAFT

Summary

Key Points:

Before the end of this year 2020, Salzgitter AG will be able to offer its customers a range of green strip steel products in specified grades and dimensions.
The company is moving promptly to take account of the vibrant interest being expressed in these materials.
As Executive Board Chairman Professor Heinz Jrg Fuhrmann commented: "For self-evident technological reasons, high-quality strip steel products fall within the domain of integrated steelworks.
In a few months' time, we will be marking another milestone on this journey with the arrival of the first green strip steel.

DGAP-News: Salzgitter Aktiengesellschaft

/ Key word(s): Product Launch

Salzgitter Aktiengesellschaft: Salzgitter AG expands product range to include green strip steel

18.08.2020 / 10:01

The issuer is solely responsible for the content of this announcement.

Before the end of this year 2020, Salzgitter AG will be able to offer its customers a range of green strip steel products in specified grades and dimensions. The company is moving promptly to take account of the vibrant interest being expressed in these materials. These products will feature a CO₂ footprint less than a quarter that of previous steels. In order to enable production, one of the two continuous casting lines at the Peine steelworks will be fitted out to cast slabs.

As Executive Board Chairman Professor Heinz Jörg Fuhrmann commented: "For self-evident technological reasons, high-quality strip steel products fall within the domain of integrated steelworks. Our pioneering SALCOS project is aiming to move step by step towards low-CO₂ hydrogen-based metallurgy. In a few months' time, we will be marking another milestone on this journey with the arrival of the first green strip steel. For a large number of our customers, it is important to take delivery of a real, physical reduced-CO₂ product, rather than being satisfied with more or less theoretical projections of receiving products with reduced CO₂ footprints. We are delighted to be able to meet these demands within a short period of time."

Contact:

Markus Heidler

Head of Investor Relations

Salzgitter AG

Eisenhüttenstraße 99

38239 Salzgitter

Phone +49 5341 21-6105

Fax +49 5341 21-2570

E-Mail [email protected]

18.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Salzgitter Aktiengesellschaft
	Eisenhüttenstraße 99
	38239 Salzgitter
	Germany
Phone:	+49 5341 21-01
Fax:	+49 5341 21-2727
E-mail:	[email protected]
Internet:	www.salzgitter-ag.de
ISIN:	DE0006202005
WKN:	620200
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1119775


End of News	DGAP News Service

1119775 18.08.2020