Salzgitter AG

EQS-News: Klöckner & Co and the Salzgitter Group partnering for the transformation to a green steel industry

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星期六, 五月 27, 2023
Partnership, PCF, Steel, Carbon, Salzgitter, Salzgitter AG, Iron ore

As from the end of 2025, the Salzgitter Group will be delivering CO2-reduced steel to Klöckner & Co

Key Points: 
  • As from the end of 2025, the Salzgitter Group will be delivering CO2-reduced steel to Klöckner & Co
    Duisburg and Salzgitter, May 23, 2023 – Klöckner & Co and the Salzgitter Group have entered into a partnership geared to stepping up their collaboration in the transformation process to a green steel industry.
  • Going forward, the volume of green steel available on the markets will be significantly increased: From year-end 2025, the Salzgitter Group will be delivering CO2-reduced steel produced via the new hydrogen-based “SALCOS®” production route to Becker Stahl-Service GmbH, a subsidiary of Klöckner & Co.
  • The CO2-reduced steel from Salzgitter will be available under the “Nexigen®” umbrella brand under which Klöckner & Co is offering its CO2-reduced steel and metal solutions.
  • We are therefore delighted to extend our cooperation with Klöckner & Co now to include green steel products.

Global Green Steel Market Report 2022: Lucrative Opportunities Abound as Industry Set to Grow by 85.8% Annually Through 2031 - ResearchAndMarkets.com

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星期四, 四月 20, 2023
Mining, Minerals, Natural Resources, Industrial, Japan-India Association, Research report, Graphene production techniques, Prevalence, Construction, ArcelorMittal, Automotive industry, MEA, Steelmaking, USD, JSW Steel, Hesteel Group, Production, SSAB, Investment, Nucor, United Kingdom, Growth, CO2, Salzgitter AG, Coal, Renewable energy, Tire manufacturing, Retail

According to the research report, the Green Steel Market is projected to display significant growth represented by a CAGR of 85.8% during 2021-2031.

Key Points: 
  • According to the research report, the Green Steel Market is projected to display significant growth represented by a CAGR of 85.8% during 2021-2031.
  • Steel buyers in the construction, automotive, and metal products sectors, both public and private, are signalling a commitment to buy green steel.
  • The report analyses the Green Steel by Production technique (By Flat Green Steel, By Long Green Steel).
  • The report analyses the Green Steel by Production technique (By Flat Green Steel, By Long Green Steel).

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter Group delivers €1.2 billion in earnings before taxes in the exceptional year of 2022

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星期二, 三月 28, 2023
Shareholder, Social group, Annual, Aurubis, Tax, Supervisory board, AG, Sale, RTÉ Executive Board, EBITDA, ROCE, Depreciation, Salzgitter AG, Security (finance)

The Steel Processing and Technology business units also made gratifying contributions, however, as did our participating investment in Aurubis AG.

Key Points: 
  • The Steel Processing and Technology business units also made gratifying contributions, however, as did our participating investment in Aurubis AG.
  • Assuming no further escalation in political and economic circumstances, this warrants confidence in looking toward the full year 2023.
  • EBITDA of € 1,618.2 million (2021: € 1,261.6 million) and earnings before taxes of € 1,245.4 million (2021: € 705.7 million) makes 2022 one of Salzgitter AG’s most successful years ever.
  • As Gunnar Groebler, Salzgitter AG’s Chief Executive Officer, commented:
    “The financial year 2022 marks a turning point in Salzgitter AG’s history.

The Global Offshore Oil and Gas Pipeline Market is expected to grow by $3754.62 mn during 2023-2027, accelerating at a CAGR of 5.3% during the forecast period

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星期二, 十一月 22, 2022
PAO, TechnipFMC, Spondyloarthropathy, Metallurgy, ArcelorMittal, Research, Salzgitter AG, McDermott International, Oil

View original content:https://www.prnewswire.com/news-releases/the-global-offshore-oil-and-gas...

Key Points: 
  • This study identifies the advents in offshore pipeline inspection as one of the prime reasons driving the offshore oil and gas pipeline market growth during the next few years.
  • Also, technological advents in offshore oil and gas pipelines and the increasing number of cross-border offshore oil and gas pipelines will lead to sizable demand in the market.
  • The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

EQS-News: Salzgitter Aktiengesellschaft: EU Commission declares the funding for Salzgitter AG’s low CO2 steel production permissible

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星期三, 十月 5, 2022
European Commission, Coal, Policy, Salzgitter, Carbon, Federalism, Federation, Salzgitter AG, 2018–2019 United States federal government shutdown, State, Federal republic, Online gambling

Salzgitter.

Key Points: 
  • Salzgitter.
  • The EU Commission has notified the application of Salzgitter AG concerning the funding of the SALCOS - Salzgitter Low CO2 Steelmaking transformation program and has therefore declared the state aid measures applied for to be compatible with European law.
  • Another essential precondition for the granting of the requested national funding has thereby now been set in place.
  • SALCOS is aimed at converting steel production at Salzgitter into low carbon crude steel production in three stages over the period up until 2033.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG places first order for SALCOS® plant

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星期三, 八月 24, 2022
Primetals Technologies, Technology, Engineering, Robotics, Steel, Electrode, Salzgitter AG, Workplace, Leadership, EAF, CO2, Steam, Iron ore, Coal

Following the decision by the Salzgitter AG Supervisory Board in July to approve capital funding in the amount of 723 million for SALCOS - Salzgitter Low CO2 Steelmaking, the first order has now been placed for central plant components that will enable virtually CO2-free steel production in Salzgitter.

Key Points: 
  • Following the decision by the Salzgitter AG Supervisory Board in July to approve capital funding in the amount of 723 million for SALCOS - Salzgitter Low CO2 Steelmaking, the first order has now been placed for central plant components that will enable virtually CO2-free steel production in Salzgitter.
  • The EAF is an a.c. module with three electrodes which has an annual capacity of around 1.9 million tonnes of crude steel.
  • The crude steel will then be refined using the existing plant, cast in slabs, rolled and processed.
  • Ulrich Grethe, Head of Steel Production at Salzgitter AG, commented: This step underscores our ambition through SALCOS to retain our leadership in decarbonizing the steel industry and ensure that our plant here in Salzgitter is securely positioned for a long-term future.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter Group delivers outstanding profit for the first six months

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星期四, 八月 11, 2022
Carbon, LNG, Aurubis, History, Review, Salzgitter AG, EBITDA, Contract, ROCE, Depreciation, Tax, Technology, Time, Wilhelmshaven, Supervisory board, Renewable energy

SALCOS - Salzgitter Low CO2 Steelmaking: Supervisory Board decides on key investment

Key Points: 
  • SALCOS - Salzgitter Low CO2 Steelmaking: Supervisory Board decides on key investment
    In the first six months of 2022, the Salzgitter Group delivered the highest operating result for a first half-year in the companys history.
  • The Salzgitter Groups external sales saw price-induced growth of 50% to 6,636.5 million (H1 2021: 4,435.5) million.
  • After-tax profit of 781.0 million (H1 2021: 230.6 million) brings earnings per share to 14.39 (H1 2021: 4.20).
  • Salzgitter is therefore making an important contribution to developing a high-performance infrastructure, and thereby enabling society and the economy to function smoothly.

DGAP-News: Salzgitter Aktiengesellschaft: Green light for green steel

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星期三, 七月 13, 2022
Salzgitter, AG, Solution, Salzgitter AG, Executive, Trust, Supervisory board, Coal, Carbon, Pharmaceutical industry, Renewable energy

The early start to the measures that these funds permit will allow allegiance to the ambitious time plan for decarbonizing steel production.

Key Points: 
  • The early start to the measures that these funds permit will allow allegiance to the ambitious time plan for decarbonizing steel production.
  • As Gunnar Groebler, Chief Executive Officer of Salzgitter AG, states: We have set ourselves ambitious goals under our Salzgitter AG 2030 corporate strategy.
  • I am convinced that the timely implementation of SALCOS will generate competitive advantages for us in the green steel market.
  • The new facilities will enable us to produce 1.9 million tons of green steel a year.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter Group and Rio Tinto sign Memorandum of Understanding to examine and expand processes and supply chains

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星期二, 六月 7, 2022
Memorandum of understanding, Rio Tinto, Salzgitter, Iron Ore Company of Canada, Saskatchewan River Sturgeon Management Board, Salzgitter AG, Certification, Hydrogen, Carbon, IOC, Iron ore

Rio Tinto and the Salzgitter Group have agreed in an MoU Memorandum of Understanding to examine technical, logistical and grade-specific issues for low-carbon supply chains and green steel production processes.

Key Points: 
  • Rio Tinto and the Salzgitter Group have agreed in an MoU Memorandum of Understanding to examine technical, logistical and grade-specific issues for low-carbon supply chains and green steel production processes.
  • The focus will be on the future supply of high-quality iron ore products for the SALCOS program.
  • Rio Tinto is excited at the opportunity of supplying our product and combining our technical expertise with that of Salzgitter to help advance the SALCOS-Program.
  • Salzgitter AG is a leading European steel and technology company and a pioneer in low-carbon steel production with SALCOS.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter Group and LKAB forge technical cooperation agreement

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星期二, 六月 7, 2022
Board of directors, Iron, LKAB, Salzgitter, Partnership, Blast furnace, CO2, Salzgitter AG, Iron ore, EU

Stockholm The Swedish mining group LKAB and Salzgitter AG have agreed to cooperate on the decarbonization of the steel industry and have therefore forged a technical cooperation agreement.

Key Points: 
  • Stockholm The Swedish mining group LKAB and Salzgitter AG have agreed to cooperate on the decarbonization of the steel industry and have therefore forged a technical cooperation agreement.
  • Both sides perceive the agreement as an important step for the expansion and further development of the decades-long partnership.
  • According to the SALCOS - Salzgitter Low CO2 Steelmaking program, the Salzgitter Group will have incrementally realized virtually CO2-free steel production by 2033, subject to expedient and suitable economic policy framework conditions and significant public subsidies.
  • As Gunnar Groebler, Chairman of the Executive Board of Salzgitter AG, commented: "LKAB and Salzgitter Group are connected by more than 60 years of customer and supplier relations.