Salzgitter AG
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Gunnar Groebler
- Full Time Employees
- 24,047
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Eisenhüttenstraße 99 Salzgitter NI Germany 38239
- IPO Date
- Jun 2, 1998
- Website
- salzgitter-ag.de
- Similar Companies
- Business
- Salzgitter AG is a German steel producer engaged in the manufacture, processing, and trading of steel products; it operates through four main business units including Steel Production, Steel Processing, Trading, and Technology. The company offers a broad portfolio of strip steel products such as hot-rolled strips, slit strips, cut-to-length strips, cold-rolled strips, and surface-finished products; heavy plates, beams, and sections; seamless and welded steel tubes and pipes in various dimensions; as well as processed products for the automotive and construction industries. Its Technology unit provides machinery and plants for filling and packaging beverages, food, and non-food items, including high-performance systems, full-line solutions, and injection molding machinery; additional services encompass raw materials supply, IT, facility management, logistics, and automotive engineering. Salzgitter AG maintains a global presence with over 150 subsidiaries, a close-knit European sales network, and international trading activities, primarily targeting automotive, construction, and industrial sectors; it was founded in 1858 and is headquartered in Salzgitter, Germany. Recent developments include the sale of DESMA Schuhmaschinen GmbH to NAME & MAWI Partners S.A.S. in July 2025 as part of active portfolio management under the best owner principle; a new cooperation with Umicore announced in December 2025 for recycling a rare precious metal; extended material approval for SECURE 500 security steel and new approval for SECURE 450 in November 2025; and a delay of later stages of its SALCOS green steel project by three years due to economic and regulatory challenges, while advancing the first stage toward near-zero-emission production by end-2025.
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