Salzgitter AG

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Salzgitter AG (SZG) Price Performance

Salzgitter AG (SZG) trades on XETRA (Frankfurt) in EUR. The company is classified in the Basic Materials sector under the Steel industry. The stock currently trades at EUR35.72, down 11.89% from the previous close.

Over the past year, SZG has traded between a low of EUR19.04 and a high of EUR55.95. The stock has gained 41.5% over this period. It is currently 36.2% below its 52-week high.

Salzgitter AG has a market capitalization of $1.61B and a dividend yield of 0.66%.

About Salzgitter AG

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. The company was founded in 1858 and is headquartered in Salzgitter, Germany.