Salzgitter expects turnaround in 2021 after heavy losses in 2019?2020

摘要

Germany-based steel producer Salzgitter published preliminary results for FY 2020, reporting a lower pre-tax loss than it was expected. The company expects a significant improvement of financial results in 2021. Salzgitter reported a pre-tax loss of EUR 200 million for the 2020 financial year, according to the preliminary results.