Salzgitter AG

Salzgitter is a holding company. Through its subsidiaries, Co. organized its businesses into five divisions. The Steel Division manufactures steel and special steels. The Tubes Division is involved with the manufacture of line pipes, HFI-welded pipes, precision tubes and stainless steel tubes. The Trading Division operates a European sales network as well as trading companies and agencies worldwide. The companies in the Services Division provide services such as data processing, telecommunications services, scrap dealing, the handling and storage of bulk cargo, transportation, and other services. The Technology Division operates in the filling and packaging technology segment.
  • Ticker620200
  • ISINDE0006202005
  • SectorIndustrial Metals & Mining
  • CountryGermany

Analysts

Alain William

ODDO : Baowu/Magang merger: greater discipline in China…and elsewhere

>Baowu continues the consolidation in the Chinese steel industry - China’s largest steelmaker Baowu, the world’s second-largest steelmaker created in 2016 via the merger of Baosteel and Wuhan Iron & Steel, plans to acquire a 51% stake in Maanshan Iron & Steel Group (Magang). This would require the approval of China’s state-owned Assets Supervision & Administration Commission. It would create a steelmaker with a total crude steel capacity of 85 mtpa (vs #1 ArcelorMitt...

Alain William

ODDO : Fusion Baowu/Magang: une plus grande discipline en Chine …et ailleurs

>Baowu poursuit la consolidation de l’industrie de l’acier chinois - Le premier sidérurgiste chinois Baowu, #2 mondial formé en 2016 à la suite de la fusion de Baosteel et de Wuhan Iron & Steel, a l'intention d'acquérir une participation de 51% dans Maanshan Iron & Steel Group (Magang). Cela nécessiterait l’approbation de la Commission de Supervision et d’Administration des Actifs de l’État chinois. Il en résulterait la naissance d’un aciériste d’une capacité totale e...

Alain William ...
  • Baptiste Lebacq
  • Christophe Chaput
  • Fehmi Ben Naamane
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 05/16/2019

...

Alain William

ODDO : Baowu/Magang merger: greater discipline in China…and elsewhere

>Baowu continues the consolidation in the Chinese steel industry - China’s largest steelmaker Baowu, the world’s second-largest steelmaker created in 2016 via the merger of Baosteel and Wuhan Iron & Steel, plans to acquire a 51% stake in Maanshan Iron & Steel Group (Magang). This would require the approval of China’s state-owned Assets Supervision & Administration Commission. It would create a steelmaker with a total crude steel capacity of 85 mtpa (vs #1 ArcelorMitt...

Alain William

ODDO : Fusion Baowu/Magang: une plus grande discipline en Chine …et ailleurs

>Baowu poursuit la consolidation de l’industrie de l’acier chinois - Le premier sidérurgiste chinois Baowu, #2 mondial formé en 2016 à la suite de la fusion de Baosteel et de Wuhan Iron & Steel, a l'intention d'acquérir une participation de 51% dans Maanshan Iron & Steel Group (Magang). Cela nécessiterait l’approbation de la Commission de Supervision et d’Administration des Actifs de l’État chinois. Il en résulterait la naissance d’un aciériste d’une capacité totale e...

Alain William

Salzgitter : A good start to the year

>Apart from Aurubis which exceeded expectations, everything is in line - Profit before tax (PBT): for Q1 2019 totalled € 125.9m (vs € 95.9m in Q1 2018 and € 62.7m in Q4 2018) as announced in advance on 30 April during its (positive) warning on 2019 results. We were disappointed by the breakdown of the earnings. The contributions from the strip steel, Mannesmann and plate/section divisions were largely in line with our expectations and those of the consensus. The surpr...

Alain William

Salzgitter : Un bon début d’année grâce à Aurubis

>A part Aurubis qui fait mieux qu’attendu, tout est en ligne - Le résultat avant impôt (Profit Before Tax : PBT) du T1 2019 s'élève à 125.9 M€ (contre 95.9 M€ au T1 2018 et 62.7 M€ au T4 2018) comme annoncé par anticipation le 30 avril dernier lors de son avertissement (positif) sur les résultats 2019. Nous avons été déçus par la composition des résultats. Les contributions des divisions Strip Steel, Mannesmann et Plate/Section sont largement en ligne avec nos attente...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emira Sagaama
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean Sassus
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Nicolas Thorez
  • Philippe Ourpatian
  • Rémi Adam
  • Salma Bouraoui
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 05/15/2019

...

Alain William ...
  • Baptiste Lebacq
  • Christophe Chaput
  • Fehmi Ben Naamane
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 05/16/2019

...

Alain William ...
  • Baptiste Lebacq
  • Christophe Chaput
  • Fehmi Ben Naamane
  • Martial Descoutures
  • Matthias Desmarais
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 16/05/2019

...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Khaled Ben Amor
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 03/27/2019

...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Khaled Ben Amor
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 27/03/2019

...

Alain William ...
  • Christophe-Raphaël Ganet
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/27/2019

We are downgrading our recommendation on E.ON to Neutral after being on Buy since the tie-up with innogy was announced in March 2018. We currently believe that the official synergies (€ 600m-800m) are no longer a catalyst for creating value after the difficulties encountered by innogy over the past 18 months. As such, value creation for the shareholder is only possible via additional synergies (€ 150m-300m) and even then it would be limited to 2-16% compared to the current share price...

Thanks to a better fundamental star rating, SALZGITTER AG sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to SALZGITTER AG (DE), active in the Steel industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date April 9, 2019, the closing price was EUR 29.09 and its expected value was estimated at EUR 26.86.

Nurhayati Wan

Salzgitter

Nurhayati Wan

Salzgitter

Nurhayati Wan

Salzgitter

Nurhayati Wan

Salzgitter

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Opportunities within Mobile Payments, Metals & Mining, and Utilities The MSCI ACWI and S&P 500 continue to recover following the most recent test of support at their respective 200-day moving averages. With market internals still mixed, support levels holding, and indexes continuing to consolidate sideways, our neutral but constructive outlook remains intact. • Major themes: Mobile Payments, Metals & Mining, and Utilities. We believe the secular mobile payments theme (ETF: IPAY) has room to run, and we expect related stocks to continue outperforming... see pages 2-4 for actionable stocks. W...

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