Salzgitter AG - Company Profile
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Salzgitter AG (Salzgitter) is a producer of steel and steel-related products. The company carries out the manufacturing and distribution of steel pipes and tubes. Its product portfolio includes strip steel products, steel plates, beams, heavy plates, crude steel, seamless and welded pipes, precision tubes, seamless and welded tubes in all dimensions. Salzgitter offers its products to the building, automotive, civil engineering, and mechanical engineering sectors. The company also carries out trading steel and related products to construction companies and manufactures machines for the filling and packaging of beverages through its sales network around the world. The company is headquartered in Salzgitter, Germany.
Headquarters
Germany
Address
Eisenhuettenstrasse 99, Salzgitter, Brandenburg, 38239
Website
www.salzgitter-ag.com
Telephone
49 5341 2101
No of Employees
23,138
Industry
Metals and Mining
Ticker Symbol & Exchange
SZG (ETR)
Revenue (2022)
$11.7B
-14%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-81.5%
(2022 vs 2021)
Market Cap*
$1.5B
Net Profit Margin (2022)
XYZ
-78.5%
(2022 vs 2021)
* As of and is in US$
Salzgitter AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steel Strips | Trading of Steel |
| Steel Plates | Logistic Services |
| Beams and Sheet Piles | Raw Materials Procurement |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a contract to procure green electricity from IG Merbitz Solar. |
| 2024 | Contracts/Agreements | In February, Salzgitter Flachstahl signed a power purchase agreement with the generation division of Octopus Energy to secure 126,000 MWh of renewable energy per year from the Octopus solar park Schiebsdorf in Brandenburg, Germany. |
| 2023 | Corporate Changes/Expansions | In June, the company established a representative office in Berlin. |
Competitor Comparison
| Key Parameters | Salzgitter AG | Tata Steel Ltd | United States Steel Corp | Nippon Steel Trading Corp | Tenaris SA |
|---|---|---|---|---|---|
| Headquarters | Germany | India | United States of America | Japan | Luxembourg |
| City | Salzgitter | Mumbai | Pittsburgh | Chuo-Ku | Luxembourg |
| State/Province | Brandenburg | Maharashtra | Pennsylvania | Tokyo | - |
| No. of Employees | 23,138 | 75,263 | 21,803 | 6,580 | 25,292 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Jurgen Urban | Vice Chairman | Executive Board | 2011 | 62 |
| Gunnar Groebler | Chief Executive Officer | Senior Management | 2021 | 51 |
| Michael Kieckbusch | Head - Personnel | Senior Management | 2013 | 62 |
| Volker Schult | Head - Trading Business Unit | Senior Management | 2021 | - |
| Burkhard Becker | Head - Finance | Senior Management | 2011 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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