Salzgitter

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG delivers green strip steel to Mercedes-Benz AG

Thursday, July 22, 2021 - 1:07pm

Before the end of 2021, Salzgitter AG subsidiary Salzgitter Flachstahl GmbH will be delivering green strip steel products with a CO2 footprint reduced by more than 66% to four German plants of Mercedes-Benz AG.

Key Points: 
  • Before the end of 2021, Salzgitter AG subsidiary Salzgitter Flachstahl GmbH will be delivering green strip steel products with a CO2 footprint reduced by more than 66% to four German plants of Mercedes-Benz AG.
  • The low CO2 steel grades are produced in Peine's mini mill in combination with the steelworks galvanizing plant in Salzgitter.
  • Mercedes-Benz AG is the first automotive manufacturer that Salzgitter Flachstahl GmbH is supplying with CO2-reduced steel in the form of cold-rolled strip and galvanized sheet steel for serial production.
  • As the first steel producer in Europe, Salzgitter AG has obtained conformity statements for its new green steel products in accordance with the VERIsteel standard of TV SD (German technical inspectorate).

DGAP-News: Salzgitter Aktiengesellschaft: Sustainable business approach recognized by updated ESG Assessment

Tuesday, June 22, 2021 - 7:41pm

- Above-average score in European Mining & Metals industry across all three Environmental, Social and Governance (ESG) criteria

Key Points: 
  • - Above-average score in European Mining & Metals industry across all three Environmental, Social and Governance (ESG) criteria
    Salzgitter AG has received an updated ESG Assessment score of 54/100 from V.E, part of Moody's ESG Solutions.
  • Heinz Jrg Fuhrmann commented as follows: "Responsible action and a sustainable approach to business are integral elements of our corporate culture and daily practice at the Salzgitter Group.
  • I am delighted that our achievements and the progress we have made have been recognized in the latest ESG Assessment from V.E."
  • Moody's ESG Solutions Group is a business unit of Moody's Corporation serving the growing global demand for ESG and climate insights.

DGAP-News: Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!

Monday, March 15, 2021 - 11:03am

Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!

Key Points: 
  • Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!
  • The financial year 2020 was therefore not a lost year for the Salzgitter Group.
  • Within the context of this concept, Salzgitter AG initiated the "Wind Hydrogen" and the "GrInHy / GrInHy2.0" (= Green Industrial Hydrogen) projects.
  • As Europe's first steel producer, Salzgitter AG has obtained two conformity statements certified in line with TV SD's VERIsteel process.

DGAP-News: Salzgitter Aktiengesellschaft: Another milestone on the course to low CO2 steel production - Federal Minister Svenja Schulze hands over funding approval

Friday, December 4, 2020 - 12:01pm

Federal Environment Minister Svenja Schulze today handed over the funding approval for the construction of the first direct reduced iron (DRI) plant to be operated flexibly by hydrogen and natural gas.

Key Points: 
  • Federal Environment Minister Svenja Schulze today handed over the funding approval for the construction of the first direct reduced iron (DRI) plant to be operated flexibly by hydrogen and natural gas.
  • Stephan Weil, Minister President of Lower Saxony, and Frank Klingebiel, Lord Mayor of the City of Salzgitter, also participated in this important event.
  • The full transformation from conventional to hydrogen-based steel production at Salzgitter AG is to be implemented in various stages by 2050.
  • This will ultimately enable the CO2 generated in the production of steel to be reduced by up to 95%.

DGAP-News: Salzgitter Aktiengesellschaft: Considerable impact of COVID-19 pandemic on sales and the result

Friday, November 13, 2020 - 7:01am

The Salzgitter Group's external sales declined by around one fifth to 5,264.3 million due to lower volumes and prices (9M 2019: 6,637.3 million).

Key Points: 
  • The Salzgitter Group's external sales declined by around one fifth to 5,264.3 million due to lower volumes and prices (9M 2019: 6,637.3 million).
  • The pre-tax result came in at - 224.4 million (9M 2019: +40.7 million).
  • A countereffect emanated from the contribution of 53.4 million (9M 2019: 78.1 million) from Aurubis AG, an investment included at equity.
  • The equity ratio of 32.9% remained stable (9M 2019: 32.8%) and underscores the still sound balance sheet of the Salzgitter Group.

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

Tuesday, August 18, 2020 - 10:01am

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.

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: Notice of correction of a translation error

Wednesday, August 12, 2020 - 10:00am

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

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • In the English language interim report on the first half of 2020 as well as the press release from today, August 12, 2020, a translation error has occurred in the guidance section.
  • Salzgitter AG confirms its guidance from July 22, 2020 of "a negative pre-tax result in the low to mid-triple digit million euro range" and would like to apologize for any inconvenience.
  • The prevailing German language versions are not affected by this mishap.

DGAP-News: Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony

Wednesday, June 24, 2020 - 4:04pm

Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony

Key Points: 
  • Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony
    The issuer is solely responsible for the content of this announcement.
  • The study includes potentially building a DRI plant and developing the necessary infrastructure for supplying it with raw materials, natural gas and hydrogen.
  • If the findings of the feasibility study are successful, follow-up activities in the form of joint implementation of the project have been planned for.
  • Salzgitter AG: For more than 150 years, the companies of the Salzgitter Group have stood for the innovative and sustainable production of steel and technology products.

DGAP-News: Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected

Wednesday, May 13, 2020 - 7:01am

Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected

Key Points: 
  • Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected
    The issuer is solely responsible for the content of this announcement.
  • - Preliminary outlook for 2020: negative pre-tax result in a significant, most likely triple-digit million euro range
    In the first quarter of 2020, the Salzgitter Group registered a pre-tax loss of -31.4 million.
  • The Trading Business Unit reported a result at breakeven, while the Technology Business Unit delivered another pre-tax profit.
  • Owing to the valuation effects from fluctuations in precious metal prices, the contribution of Aurubis AG, an investment included at equity, was negative.