Salzgitter AG - Company Profile
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Business Description
Salzgitter AG (Salzgitter) carries out production of steel. Its primary activities include the production and processing of rolled steel and tube products, and global trading in these products. The company serves various industries, including the food and beverages industry, vehicle manufacturing, and the construction sector. The company offers products including strip steel articles, seamless and welded steel pipes and tubes, sections, and heavy plates. The company also operates in special machinery and plant engineering. Salzgitter maintains a global presence with group locations in 44 countries. It has an annual capacity of approximately seven million tons of crude steel and consists of over 130 subsidiaries and affiliated companies.
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R&D Overview
Salzgitter is involved in R&D initiatives focused on decarbonizing the steel industry through the SALCOS program, which aims to reduce carbon emissions by replacing blast furnaces with direct reduction plants and electric arc furnaces. The company is also developing high-strength steels for the automotive industry, hydrogen-resistant pipes for fuel cell vehicles, and optimizing products for the energy transition. Additionally, Salzgitter is working on projects to enhance the competitiveness of its product range and reduce the carbon footprint of machinery. The R&D unit of the company is Salzgitter Mannesmann Forschung GmbH (SZMF). This unit is responsible for mapping the entire process chain from steel production to processing, participating in defining norms and standards, and collaborating with universities, research institutes, and industrial partners. The company holds a portfolio of 4,643 patents and 1,575 trademark rights. The majority of these, with 4,169 patents and patent registrations and 510 trademark rights, are attributed to the Technology Business Unit. In FY2024, the company spent EUR80 million on R&D activities, which as percentage of revenue stood at 0.8%.
Business Segments
Overview
Operates through Ilsenburger Grobblech GmbH and Salzgitter Mannesmann Grobblech which produces a wide range of high-grade heavy plates. Offers its products to heavy engineering, tubes producers and the manufacturers of wind power farms. Produces high frequency inductive longitudinally welded steel line pipe for transporting gas, oil, water, and other media.
Performance
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Overview
Produces, processes, and sells strip steel in a wide variety of metallurgic compositions and dimensions. Includes hot-rolled strip, slit strip, cut-to-length strip, coldrolled strip and surface-finished products. Salzgitter operates this segment through subsidiaries including Salzgitter Flachstahl GmbH, Peiner Trager GmbH, Salzgitter Europlatinen GmbH, Salzgitter Bauelemente GmbH, and Salzgitter Mannesmann Stahlservice GmbH.
Performance
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Overview
It offers products and services for machinery and plants and serves the filling and packaging of the beverages sector. The company operates through KHS GmbH, Klockner DESMA Elastomertechnik GmbH and DESMA Schuhmaschinen GmbH. The segment also sells special machinery for the shoe industry and specializes in the construction of special machinery. It operates plants in Mexico, the US, Brazil, India and China. Capital investments are continued to focus on replacement and streamlining measures equipped to improve its sustainable competitiveness
Performance
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Overview
It comprises a European sales network, trading companies and agencies worldwide. It operates through subsidiaries including, Salzgitter Mannesmann International GmbH and Salzgitter Mannesmann Stahlhandel GmbH. The segment also distributes its products in Germany through Universal Eisen und Stahl GmbH. Furthermore, the company sells products of other manufacturing companies through its sales network in Germany and abroad. The company trades steel through digital marketing platform, e-world. Key investments focus on maintaining and upgrading existing facilities to enhance the business operations.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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