Germany-based steelmaker Salzgitter Group has announced its financial results for the first quarter of the current year, posting a pre-tax profit of €51.8 million, compared to a pre-tax loss of €8.7 million in the first quarter of the previous year.
In the first quarter this year, Salzgitter generated external sales of €2.3 billion, reflecting a stable performance compared to the previous quarter.
The company expects a pre-tex result in a lower-to-medium double-digit million euro range for 2015.