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Announcements
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| Salzgitter to seek EUR 30 hike for flat products in Q4 - 26 Aug, 2008
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Bloomberg reported that Salzgitter AG plans to raise flat-steel prices in the fourth quarter to reflect higher raw material and energy prices.
Salzgitter AG said that “Prices on all products made from the metal will gain by EUR 30 per tonne.”
It added that “Salzgitter was able to implement flat steel price increases in the third quarter.”
Mr Olaf Reinecke spokesman of Salzgitter AG said that it is sticking to its full year guidance of pretax profit of more than EUR 1 billion.
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Currency Rates
20 Nov, 2008
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