Salzgitter

What Salzgitter does

Salzgitter AG is one of Europe's largest integrated steel producers, with origins dating to 1858, annual crude steel output of approximately 7 million tonnes, and operations structured into four business units: Steel Production (Stahlerzeugung), Steel Processing (Stahlverarbeitung), Trading (Handel), and Technology. The group serves B2B industrial customers across automotive (notably a closed-loop scrap partnership with Volvo Cars at Olofstr\u00f6m), construction and infrastructure (via the Construction Initiative launched March 2026), defense (SECURE ballistic protection steels grades 400-600, expanded through the December 2025 acquisition of Thyrolf & Uhle GmbH with 100 employees and 12,000+ tons annual processing capacity), industrial machinery, and renewable energy (offshore wind tower plate supply to Siemens Gamesa and CO2-reduced steel testing with RWE for the Thor wind farm).

The company's flagship transformation program is SALCOS (Salzgitter Low CO2 Steelmaking), a hydrogen-based direct reduction and electric arc furnace (DRP-EAF) route targeting 95% CO2 emission reduction versus the conventional blast furnace path, with first-stage steel production targeted for 2027. The EUR 2.7 billion program is supported by EUR 1.3 billion in German government funding and executed with technology partners Tenova, Danieli, Primetals, ANDRITZ (100 MW electrolyzer), Siemens Energy, and ENERGIRON, plus a long-term 10,000 metric tons per year green hydrogen offtake with EWE for seven years starting 2030 and PPAs with Ørsted, Vattenfall, and Iberdrola Deutschland (including a 65 MWp solar plant supplying 60 GWh annually for 15 years). Other proprietary technologies include the jointly developed Iridium Recycling Process for electro-galvanizing anodes (with Umicore).

Revenue is generated through direct enterprise field sales to OEMs and EPCs, supplemented by trading operations via Salzgitter Mannesmann Stahlhandel. Steel is priced per tonne with EU safeguard measures effective November 2025 imposing ferro-alloy surcharges of EUR 2-5/tonne for bulk commodities and EUR 20-50/tonne for specialty grades. FY2025 sales were approximately EUR 9 billion, down ~10% from EUR 10 billion in FY2024, with FY2025 EBITDA of EUR 376 million; Q1 2026 underlying EBITDA of EUR 280 million (a EUR 201 million YoY improvement) and EUR 95 million EBT versus a EUR 27 million loss in Q1 2025 supported a raised FY2026 EBITDA guidance of EUR 625-725 million. The group holds a 29.99% stake in copper producer Aurubis, and market capitalization was approximately EUR 2.48 billion on the OTCMKTS (SZGPY) listing.

Name

Salzgitter

Legal name

Salzgitter AG

Website

https://salzgitter-ag.com

Company type

Public

Founded year

1858

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Salzgitter AG is one of Europe's largest steel producers with approximately 7 million tonnes of annual output, operating four business units (Steel Production, Steel Processing, Trading, Technology) and serving automotive, construction, defense, industrial machinery, and renewable energy customers. Its flagship SALCOS program targets near-CO2-free hydrogen-based steelmaking supported by EUR 1.3 billion in public funding.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (331110), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Steel Pipe & Tubes (3317)

akta.pro primary industry

Integrated Steelmaking (BF-BOF) (IMAKABAA)

akta.pro secondary industries

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ), Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG)

Keywords

• Steel production
• Flat steel products
• Heavy plate manufacturing
• Line pipe manufacturing
• Green steelmaking

Headquarters

HQ city

Salzgitter

HQ country

Germany

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Steel Production and Processing: Primary revenue from manufacturing and processing steel products including flat steel, heavy plate, and specialized steel for defense, automotive, and construction applications
2. Steel Trading: Revenue from trading operations through Salzgitter Mannesmann Stahlhandel GmbH, trading steel products globally
3. Defense and Security Steel Products: Specialized security and ballistic protection steel products through Thyrolf & Uhle acquisition for military and infrastructure applications
4. Technology Solutions: Technology segment including KHS bottling equipment, automation solutions, and industrial services

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Salzgitter AG manufactures and processes steel products across four business units: Steel Production (flat steel via blast furnace and direct reduction), Steel Processing, Trading (via Salzgitter Mannesmann Stahlhandel), and Technology. Its flagship program SALCOS (Salzgitter Low CO2 Steelmaking) uses renewable hydrogen and direct reduction to produce near-CO2-free green steel, targeting 95% CO2 reduction. The group also supplies SECURE protection steel grades 400-600 for defense and infrastructure, heavy plate for offshore wind towers, large-diameter line pipe for hydrogen and oil & gas pipelines, and operates a closed-loop scrap recycling partnership (ScanLoop) with Volvo Cars.

Product overview

Salzgitter AG is a German steel and technology group with a diversified portfolio organized into four core business units: Steel Production (Stahlerzeugung), Steel Processing (Stahlverarbeitung), Trading (Handel), and Technology. The company operates major strategic initiatives including SALCOS (its flagship decarbonization program for near-CO2-free steelmaking using hydrogen-based direct reduction, targeting 95% CO2 reduction), its sub-brand SALCOS Grünstahlprodukte for green steel products, Initiative Construction for integrated construction sector solutions, Initiative Automotive for automotive materials development, and Salzgitter AG Defence for military and security applications including SECURE Protection Steel. The group expanded its defense capabilities through the December 2025 acquisition of Thyrolf & Uhle GmbH, a metal-processing specialist for ballistic protection and security steels. Industrial participations include a 29.99% stake in copper producer Aurubis, with the group maintaining a focus on circular economy through initiatives like the ScanLoop closed-loop recycling partnership with Volvo Cars.

Differentiator

Problem solved

Functional benefit

Brands

• SALCOS: Low CO2 steelmaking program for near CO2-free steel production using hydrogen-based direct reduction
• SALCOS Grünstahlprodukte
• SECURE Protection Steel
• Initiative Construction
• Initiative Automotive
• Salzgitter AG Defence
• ScanLoop
• YOUNITED

Products and services

• SALCOS (Salzgitter Low CO2 Steelmaking) Flagship transformation program for near-CO2-free steel production using renewable hydrogen and direct reduction technology, targeting 95% CO2 emission reduction. Developed for steel customers in automotive, construction, defense, and industrial sectors seeking decarbonized supply chains.
• SALCOS Grünstahlprodukte (Green Steel Products) Physical CO2-reduced green steel products with transparent certification, produced through the group's electric arc route with DRP-EAF route products following in H1 2027. Sold to industrial customers requiring certified low-carbon steel.
• SECURE Protection Steel Security and ballistic protection steels in grades 400 through 600, certified under TL-2350-0000 and DIN 2303 Q3 BK standards. Designed for military vehicles, infrastructure protection, and high-security applications; processed via Thyrolf & Uhle GmbH (Dessau-Roßlau).
• Steel Production (Stahlerzeugung) Primary steel manufacturing operations including blast furnace and direct reduction capabilities producing flat steel products at the Salzgitter facility for industrial customers.
• Steel Processing (Stahlverarbeitung) Steel processing and fabrication operations within the Salzgitter Group, including heavy plate production at Ilsenburger Grobblech GmbH and pipe manufacturing at Mannesmann Line Pipe and Mannesmann Grossrohr.
• Steel Trading (Handel) Steel trading operations handled through subsidiaries Salzgitter Mannesmann Stahlhandel GmbH and UNIVERSAL Eisen und Stahl GmbH, distributing steel products globally to enterprise customers.
• Technology Technology solutions and services within the Salzgitter Group, including KHS GmbH beverage packaging equipment and Klöckner DESMA Elastomertechnik GmbH elastomer technology for industrial customers.
• Hydrogen Pipeline Line Pipe (FGL 702) Large-diameter line pipe for hydrogen transportation networks, supplied via Mannesmann Grossrohr (70.6 km) and Mannesmann Line Pipe (38.2 km) for Germany's hydrogen core network. Delivered to gas transmission operators.

Quantifiable outcome

• 95% CO2 emission reduction in steel production through SALCOS transformation
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

20 partnerships are on record, tiered core and strategic.

• EWEcoreStrategic or Co-development Partner · 10 June 2026Landmark long-term green hydrogen supply agreement with German energy group EWE for approximately 10,000 metric tons annually over seven years starting 2030, supporting SALCOS decarbonization through direct reduction plants
• Volvo CarscoreStrategic or Co-development Partner · 11 February 2026Closed-loop recycling partnership ScanLoop with Volvo Cars for steel scrap recovery from Olofström plant, 700km rail route to Salzgitter using carbon-neutral electricity
• UmicorestrategicStrategic or Co-development Partner · 3 December 2025Joint development of cost-efficient iridium recovery process from electro-galvanizing anodes with Umicore Galvanotechnik and Salzgitter Mannesmann Forschung
• ØrstedcoreStrategic or Co-development PartnerPower purchase agreement (PPA) with offshore wind developer Ørsted to supply green electricity for decarbonized steel production at Salzgitter facilities
• VattenfallcoreStrategic or Co-development PartnerPower purchase agreement with Vattenfall for renewable electricity supply supporting green steel production through decarbonization program
• Iberdrola DeutschlandcoreStrategic or Co-development PartnerPower purchase agreement with Iberdrola Deutschland including 65MWp solar plant at Schadewohl supplying 60GWh annually for 15 years, avoiding 23,000 tonnes CO2 per year
• ONTRAS Gastransport GmbHstrategicTechnology or IntegrationLine pipe contracts for FGL 702 hydrogen pipeline: Mannesmann Grossrohr delivering 70.6km and Mannesmann Line Pipe delivering 38.2km for Germany's hydrogen core network
• Tenova S.p.A.coreTechnology or IntegrationTechnology partner for SALCOS direct reduction and steelmaking equipment development
• Danieli & C. S.p.A.coreTechnology or IntegrationTechnology partner for SALCOS steel production equipment and process technology
• Primetals Technologies Ltd.coreTechnology or IntegrationTechnology partner providing equipment and engineering for SALCOS transformation program
• ANDRITZ AGcoreTechnology or IntegrationEquipment supplier and partner for 100MW electrolyzer at Flachstahl site in SALCOS hydrogen infrastructure
• Siemens Energy Global GmbH & Co. KGcoreTechnology or IntegrationTechnology partner for hydrogen-related equipment and energy systems in SALCOS program
• ENERGIRONcoreTechnology or IntegrationDirect reduction technology provider for hydrogen-based ironmaking in SALCOS transformation
• Wasserstoff Campus SalzgitterstrategicStrategic or Co-development PartnerRegional hydrogen ecosystem initiative supporting hydrogen economy development in Salzgitter region
• HySteelstrategicStrategic or Co-development PartnerGerman hydrogen steel industry initiative for coordinated decarbonization efforts
• H2Global StiftungstrategicStrategic or Co-development PartnerHydrogen market development foundation supporting green hydrogen trade and commercialization
• GET H2strategicStrategic or Co-development PartnerInitiative for hydrogen infrastructure development in Germany supporting SALCOS hydrogen supply chain
• WindH2 - Windwasserstoff SalzgitterstrategicStrategic or Co-development PartnerProject combining wind power and hydrogen production in Salzgitter for renewable energy integration
• GrInHy2.0 - Green Industrial HydrogenstrategicStrategic or Co-development PartnerEuropean research project for green industrial hydrogen applications in steelmaking
• μDRAL - Hydrogen Direct ReductionstrategicStrategic or Co-development PartnerResearch initiative for micro-DRAL hydrogen direct reduction technology development

Scale indicators20 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• Xx.com/szag_karriere
• YouTubeyoutube.com/@salzgitterag
• Facebookfacebook.com/salzgitterag.official
• LinkedInlinkedin.com/company/salzgitter-ag
• Instagraminstagram.com/salzgitterag

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Salzgitter