Salzgitter provided earnings guidance for the year of 2020. Salzgitter's pre-tax profit in the first half of 2020 was expected to show a loss of EUR 127.8 million, compared with a positive result of EUR 145.3 million last year. The company has projected that it will record a significant pre-tax loss for the full year of 2020 due to the effects of the Covid-19 pandemic.