After an encouraging start to the year, accompanied by a dynamic increase in rolled steel prices, the European steel market continued its uptrend in the months that followed. Given the betterthan-recently-expected earnings situation, above all in the Trading Business Unit, we are raising our earnings forecast for the financial year 2021 once more - conditionally on the assumption of a stable market development in spite of the latent coronavirus crisis. We now anticipate a pretax profit of between
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