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4-Traders Homepage  >  Equities  >  Xetra  >  Salzgitter AG    SZG   DE0006202005

SALZGITTER AG (SZG)
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Real-time Quote. Real-time Tradegate - 06/19 06:25:17 pm
42.265 EUR   -2.12%
06/02SALZGITTER AG&R : a success story that commenced on June 2, 1998
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06/01SALZGITTER : sees limited impact from U.S. steel tariffs
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05/31U.S. JUSTIFICAT : German steel body
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OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Salzgitter : Steel producing nations to discuss overcapacity in Berlin in November

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10/06/2017 | 12:26pm CEST
Machnig attends a meeting with Chinese counterparts in Beijing

BERLIN (Reuters) - Germany is inviting ministers and senior officials from leading steel producing countries to a meeting in Berlin on Nov. 30 to discuss overcapacity in the sector, the economy ministry said on Friday.

"We want to discuss together how we can prevent overcapacity on the global market and guarantee fair competition," Matthias Machnig, state secretary in the Economy Ministry, told business magazine WirtschaftsWoche.

Officials from countries belonging to the Organisation for Economic Cooperation and Development (OECD) are expected to join the meeting, the magazine reported. Members of the OECD steel committee would take part, it said.

"Our goal is to avoid new punitive tariffs for our businesses," Machnig said.

(Reporting by Gernot Heller; writing by Paul Carrel; editing by Victoria Bryan and Jason Neely)

Stocks treated in this article : Salzgitter AG, ThyssenKrupp
Stocks mentioned in the article
ChangeLast1st jan.
THYSSENKRUPP -2.23% 22.39 Delayed Quote.-3.70%
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News from SeekingAlpha
03/16Salzgitter AG ADR 2017 Q4 - Results - Earnings Call Slides 
Financials (€)
Sales 2018 9 204 M
EBIT 2018 367 M
Net income 2018 217 M
Debt 2018 240 M
Yield 2018 1,22%
P/E ratio 2018 10,78
P/E ratio 2019 11,10
EV / Sales 2018 0,31x
EV / Sales 2019 0,43x
Capitalization 2 589 M
Chart SALZGITTER AG
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Salzgitter AG Technical Analysis Chart | SZG | DE0006202005 | 4-Traders
Technical analysis trends SALZGITTER AG
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 47,6 €
Spread / Average Target 10%
EPS Revisions
Managers
NameTitle
Heinz Jörg Fuhrmann Chairman-Executive Board & Chief Executive Officer
Heinz-Gerhard Wente Chairman-Supervisory Board
Burkhard Becker Chief Financial Officer
Heike Niederau-Buck Chief Information Officer
Ulrich Dickert Member-Supervisory Board
Sector and Competitors
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SALZGITTER AG-9.28%3 009
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JFE HOLDINGS, INC.-19.05%12 776
CHINA STEEL CORPORATION--.--%12 412
JSW STEEL LIMITED22.80%11 869
EVRAZ55.76%10 154