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MarketScreener Homepage  >  Equities  >  Xetra  >  Salzgitter AG    SZG   DE0006202005

SALZGITTER AG (SZG)
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Real-time Quote. Real-time Tradegate - 09/20 09:59:57 pm
41.645 EUR   +1.15%
09/19SALZGITTER : Ad-hoc release dated 19.09.2018
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09/19SALZGITTER AG : Salzgitter Group raises its profit forecast
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Salzgitter : Steel producing nations to discuss overcapacity in Berlin in November

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10/06/2017 | 12:26pm CEST
Machnig attends a meeting with Chinese counterparts in Beijing

BERLIN (Reuters) - Germany is inviting ministers and senior officials from leading steel producing countries to a meeting in Berlin on Nov. 30 to discuss overcapacity in the sector, the economy ministry said on Friday.

"We want to discuss together how we can prevent overcapacity on the global market and guarantee fair competition," Matthias Machnig, state secretary in the Economy Ministry, told business magazine WirtschaftsWoche.

Officials from countries belonging to the Organisation for Economic Cooperation and Development (OECD) are expected to join the meeting, the magazine reported. Members of the OECD steel committee would take part, it said.

"Our goal is to avoid new punitive tariffs for our businesses," Machnig said.

(Reporting by Gernot Heller; writing by Paul Carrel; editing by Victoria Bryan and Jason Neely)

Stocks treated in this article : Salzgitter AG, ThyssenKrupp
Stocks mentioned in the article
ChangeLast1st jan.
SALZGITTER AG 2.65% 42.25 Delayed Quote.-13.50%
THYSSENKRUPP 1.54% 20.49 Delayed Quote.-16.66%
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Latest news on SALZGITTER AG
09/19SALZGITTER : Ad-hoc release dated 19.09.2018
PU
09/19SALZGITTER AG : Salzgitter Group raises its profit forecast
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08/21SALZGITTER AG : Release according to Article 40, Section 1 of the WpHG [the Germ..
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08/14SALZGITTER AG : Release according to Article 40, Section 1 of the WpHG [the Germ..
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News from SeekingAlpha
08/13Salzgitter AG ADR 2018 Q2 - Results - Earnings Call Slides 
03/16Salzgitter AG ADR 2017 Q4 - Results - Earnings Call Slides 
Financials (€)
Sales 2018 9 157 M
EBIT 2018 386 M
Net income 2018 226 M
Finance 2018 486 M
Yield 2018 1,27%
P/E ratio 2018 9,71
P/E ratio 2019 9,79
EV / Sales 2018 0,22x
EV / Sales 2019 0,22x
Capitalization 2 474 M
Chart SALZGITTER AG
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Technical analysis trends SALZGITTER AG
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 45,7 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Heinz Jörg Fuhrmann Chairman-Executive Board & Chief Executive Officer
Heinz-Gerhard Wente Chairman-Supervisory Board
Burkhard Becker Chief Financial Officer
Heike Niederau-Buck Chief Information Officer
Ulrich Dickert Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
SALZGITTER AG-13.50%2 890
BAOSHAN IRON & STEEL CO.-11.23%24 935
JSW STEEL LIMITED54.41%13 934
JFE HOLDINGS, INC.-9.20%13 672
CHINA STEEL CORPORATION--.--%12 892
EVRAZ55.12%10 008