Germany-based steelmaker Salzgitter Group has announced that it will invest in a third hot dip galvanizing line at the Salzgitter steelworks of its flat steel unit Salzgitter Flachstahl GmbH (SZFG), as part of the company’s “Salzgitter AG 2021” strategy which focuses on its premium product range.
According to the company’s statement, with an annual capacity of 500,000 metric tons, the third new hot dip galvanizing line will supplement the two existing SZFG lines and reinforce the market position particularly in high and ultra-high strength steels for the automotive industry. The unit is scheduled to be put into operation in the second half of 2020.