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Salzgitter AG (SZGPY)

Other OTC - Other OTC Delayed Price. Currency in USD
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3.05000.0000 (0.00%)
At close: 9:30AM EDT
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Chart Events
Neutralpattern detected
Previous Close3.0500
Open3.0500
BidN/A x N/A
AskN/A x N/A
Day's Range3.0500 - 3.0500
52 Week Range1.2900 - 3.4500
Volume1,000
Avg. Volume179
Market Cap1.65B
Beta (5Y Monthly)2.09
PE Ratio (TTM)N/A
EPS (TTM)-0.3458
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul 09, 2020
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • Reuters

    Salzgitter producing hydrogen for steelmaking using wind power

    Germany's second-largest steelmaker Salzgitter on Thursday started to produce hydrogen using wind power at its Salzgitter site with view to reducing carbon dioxide emissions (CO2) in its production processes long term. "We are now technically in a position to achieve significant CO2 reductions using hydrogen," Chief Executive Heinz Joerg Fuhrmann told a press conference. Germany has started large-scale efforts to develop "green" hydrogen, produced from water by electrolysis using renewable power, to develop alternative fuels and protect key industries from closure when climate protection targets must be met.

  • Reuters

    German economy minister says EU will support steelworkers

    German Economy Minister Peter Altmaier said the European Union would support steelworkers through the transition to environmentally-friendly manufacturing, even though this would be more costly at a time of global overcapacity. Speaking before a meeting of EU trade ministers in Berlin on Monday, he said that steelmaking, alongside the chemicals and raw materials industries were among the bloc's core competencies and needed to be preserved. The European Commission has floated the idea of a tax on imports that are produced in an environmentally harmful manner.