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22 Mar
12:03

Salzgitter sees cautious optimism for 2024

In the difficult market environment experienced by most European mills last year, Salzgitter managed to achieve a net profit, and expects some improvement in its business going forward. The group’s consolidated external revenue declined by 14% on-year in 2023 to €10.8 billion ($11.7 billion), due above all to lower steel prices. Most steel product prices declined – from record levels in 2022 – throughout virtually the entire financial y…
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