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MarketScreener Homepage  >  Equities  >  Xetra  >  Salzgitter AG    SZG   DE0006202005

SALZGITTER AG

(SZG)
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Salzgitter Aktiengesellschaft: Salzgitter AG expands product range to include green strip steel

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08/18/2020 | 05:05am EDT

DGAP-News: Salzgitter Aktiengesellschaft / Key word(s): Product Launch
Salzgitter Aktiengesellschaft: Salzgitter AG expands product range to include green strip steel

18.08.2020 / 10:01
The issuer is solely responsible for the content of this announcement.



Before the end of this year 2020, Salzgitter AG will be able to offer its customers a range of green strip steel products in specified grades and dimensions. The company is moving promptly to take account of the vibrant interest being expressed in these materials. These products will feature a CO2 footprint less than a quarter that of previous steels. In order to enable production, one of the two continuous casting lines at the Peine steelworks will be fitted out to cast slabs.

As Executive Board Chairman Professor Heinz Jörg Fuhrmann commented: "For self-evident technological reasons, high-quality strip steel products fall within the domain of integrated steelworks. Our pioneering SALCOS project is aiming to move step by step towards low-CO2 hydrogen-based metallurgy. In a few months' time, we will be marking another milestone on this journey with the arrival of the first green strip steel. For a large number of our customers, it is important to take delivery of a real, physical reduced-CO2 product, rather than being satisfied with more or less theoretical projections of receiving products with reduced CO2 footprints. We are delighted to be able to meet these demands within a short period of time."

 

Contact:
Markus Heidler

Head of Investor Relations

Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter

Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail ir@salzgitter-ag.de


18.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Salzgitter Aktiengesellschaft
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info@salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1119775

 
End of News DGAP News Service

1119775  18.08.2020 

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© EQS 2020

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