Pause operations: company temporarily curtailing operations while keeping return options open
Leave Suspension
Salzgitter AG is a German company, one of the largest steel producers in Europe with an annual output of around seven million tonnes.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionAs Burkhard Becker, Salzgitter AG’s Chief Financial Officer, states: “No matter how pleased we are by the outstanding result, we are in no doubt about the risks resulting from Russia’s attack on Ukraine."
Continued relations with Russia but a positive pattern is observed: reduction of exports and most of the remaining exports are indirect. Stated in the Annual Report 2023 that reduced all operations and restructured the subsidiary in the Russian Federation.
| June 08, 2023 | Selected Steel Exports into Russia |
| August 11, 2022 | First half of 2022 | Salzgitter AG |