Salzgitter has lowered its sales forecast for 2024

The company notes that signs of recovery in the steel market are weaker than expected
Salzgitter signs a preliminary agreement with Uniper for the supply of green hydrogen

The agreement covers technical and commercial framework conditions
Decarbonization of the German steel industry requires political decisions – Salzgitter

Germany, in particular, does not yet have a regulatory framework for the development of hydrogen infrastructure
Salzgitter plans to invest €30 million in a new scrap shredder

The new equipment will have a higher processing capacity and will be technically advanced
Salzgitter signs a 10-year agreement for the purchase of green electricity from IG Merbitz

As part of the contract, IG Merbitz will supply Salzgitter with around 71 MWh of green electricity per year at a fixed price
Salzgitter signs agreement with Octopus to supply green electricity

The agreement is concluded for 10 years with the support of Pexapark consultants
Salzgitter restarts blast furnace A after 100 days of downtime

During the period of downtime, the company carried out modernization, which required €100 million of investment
Salzgitter expects weak market conditions in Q4

In January-September, the company's sales fell by 14.3% y/y
Salzgitter lowered its sales forecast for 2023

The company refers to the weakness of the German economy and the instability of the situation
Salzgitter ordered a plant for the production of green hydrogen from the Austrian Andritz

The contract completes a series of orders for the first phase of the Salzgitter SALCOS transformation program
Salzgitter started repairing blast furnace A

Unit maintenance will last approximately 100 days

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