“Consider the way ESG is developing. We need to look at environmental data the same way we look at financial data. We’re experts in steel production, not data,” says Groebler.
Salzgitter AG (SZGPF.PK, SZGPY.PK), a German steel producer, on Monday reported a decline in preliminary earnings for the first quarter of 2023. In addition, the company has reaffirmed its fiscal 2023 guidance.
Producing steel in a climate-neutral manner is a task of the century. But even if the raw material becomes expensive as a result, Germany needs its own production.
Several analysts have recently updated their ratings and price targets for Salzgitter (ETR: SZG): 5/13/2022 – Salzgitter was given a new €43.00 ($45.26) price target on by analysts at Deutsche Bank Rese…. 5/12/2022 – Salzgitter was given a new €55.00 ($57.89) price target on by analysts at Jefferies Financial Group Inc.. 5/12/2022 – Salzgitter was […]