First nine months of 2018
(WorldNews Germany)

Ongoing dynamic earnings performance of the Salzgitter Group in the summer quarter All business units deliver profits before taxes in the period under review More than EUR 100 million in profit improvement potential realized Guidance for the full financial year 2018 affirmed The economic environment in the first three quarters was characterized by European steel producers` good order book position, boosted by demand. At the same time, and as a consequence of US trade policy, imports from non-EU countries into the EU climbed to a record level, which therefore exerted a negative impact on the EU steel market`s volume structure. In order to avert the risk of endangering the balance of the...