A summary of German steelmaker Salzgitter's financial results for the first quarter of 2021, running January to March.
In briefA sustained steel market recovery and rising steel prices benefited the company's performance over the period. While almost all sectors reported a steady increase in their monthly results over the quarter, increased earnings for the period were especially attributable to the Strip Steel and Trading business units. The positive market momentum that began in the second half of 2020 was holding steady at the beginning of the quarter. By the end of November 2020, many plants were already fully booked for...