Salzgitter's Q3 results rise on higher steel prices

November 13, 2021 / www.metalbulletin.com / Article Link

A summary of German steelmaker Salzgitter's financial results for the third quarter of 2021, running from July 1 to September 30.

In brief
Recovery in the European flat steel market and high steel prices led to a strong performance in the third quarter, particularly in the Strip Steel and Trading units of the company, Salzgitter said on Friday November 12.

A strong economic upswing in the first half of 2021 in Europe was followed by steady rises in steel production both globally and regionally. But the worsening of supply chain problems - quite apart from steel products - and the resulting production cuts, such as those seen in the automotive...

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok