German steelmaker Salzgitter has raised its full-year forecast for 2021 to ?,?400-600 million, tracking the persistent uptrend in the flat steel market, Fastmarkets heard.
In its first-quarter report published in May, Salzgitter said that it expected a pre-tax profit of between ?,?300-400 ($363-484) million for 2021, up from its previous forecast of ?,?150-200 million.
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