Salzgitter scraps outlook for 2020 on coronavirus concerns

German steelmaker Salzgitter has scrapped its outlook for the financial year 2020 due to the novel coronavirus (2019-nCoV) pandemic.

“At this moment we can neither maintain the forecast report of Salzgitter AG, which was published on March 16, 2020, nor provide an adequately robust new forecast for the financial year 2020,” the company said.



Julia Bolotova

March 25, 2020

11:08 GMT