Trade Salzgitter AG - SZG CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.26
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment€1,000.00Overnight funding adjustmentCharges from full value of position-0.017307 %(-€3.46)Trade size with leverage ~ €20,000.00Money from leverage ~ $€19,000.00Go to platform: -0.01731%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment€1,000.00Overnight funding adjustmentCharges from full value of position-0.004915 %(-€0.98)Trade size with leverage ~ €20,000.00Money from leverage ~ $€19,000.00Go to platform: -0.00492%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: EUR
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Germany
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: €1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.017307 %
  (-€3.46)

• Margin. Your investment: €1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.004915 %
  (-€0.98)

Key Stats

• Prev. Close: 51.795
• Open: 50.795
• 1-Year Change: 124.01%
• Day's Range: 50.445 - 51.345

Trade Salzgitter AG - SZG

About Salzgitter AG

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions. The Plate/Section Steel segment includes Ilsenburger Grobblech GmbH, Salzgitter Mannesmann Grobblech, Peiner Traeger GmbH and HSP Hoesch Spundwand und Profil GmbH and provides various pig iron, steel and steel products. The Mannesmann segment provides steel tubes and pipes and operates through Mannesmannroehren-Werke GmbH. The Trading segment is engaged in trading steel products through Salzgitter Mannesmann Handel GmbH and Universal Eisen und Stahl GmbH. The Technology segment provides products and services for manufacturers of machinery and plants for the filling and packaging of beverages.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Salzgitter AG revenues increased 38% to EUR9.77B. Net income applicable to common stockholders totaled EUR581.1M vs. loss of EUR277.3M. Revenues reflect Trading segment increase of 62% to EUR3.6B, Flat Steel segment increase of 35% to EUR2.53B, Germany segment increase of 38% to EUR4.42B, EU (Other) segment increase of 44% to EUR2.71B.