- Business
- Salzgitter AG Salzgitter AG is a leading European steel and technology group that produces, processes, and trades rolled steel and tube products; operates through four main business units including Steel Production (hot-rolled wide strip, cold-rolled sheet, electro-galvanized and other surface-finished products from subsidiaries such as Salzgitter Flachstahl GmbH and Peiner Träger GmbH), Steel Processing (heavy plates, large-diameter pipes, line pipes, medium line pipes, cold-finished tubes, precision tubes, and stainless steel tubes), Trading (stockholding, steel service centers, and international trading via Salzgitter Mannesmann Handel GmbH), and Technology (filling and packaging lines for food, beverages, and non-food industries, injection molding machines, and plants for shoe soling); and provides supplementary services in raw materials, IT, facility management, logistics, and automotive engineering. The group maintains production sites in Germany and abroad, with over 150 subsidiaries across 35 countries serving industries such as automotive, construction, energy, and packaging, and holds a significant stake in Aurubis, Europe's leading copper producer. Founded in 1858 and headquartered in Salzgitter, Germany, Salzgitter AG employs around 25,000 people and focuses on sustainability initiatives like the SALCOS program for low-CO2 steelmaking. Recent developments include the sale of its Austrian subsidiary Salzgitter Mannesmann Stahlhandel Austria to ECCO Group in May 2025 as part of portfolio optimization; the divestiture of DESMA Schuhmaschinen GmbH to NAME & MAWI Partners S.A.S. in July 2025; a partnership with Oldendorff Carriers in October 2025 to decarbonize maritime iron ore transport; an MOU with Binding Solutions in July 2025 for cold agglomerated pellet technology trials; the successful placement of EUR 500 million bonds exchangeable for Aurubis AG shares in October 2025; and the groundbreaking for a new large-scale shredder plant in Salzgitter in September 2025.