On October 28, Germany-based steelmaker Salzgitter Group issued the key figures of its financial results for the third quarter of 2010, stating that the positive results trend of Salzgitter continued in the third quarter of the fiscal year.
According to the financial results, a pre-tax profit of €10.8 million was registered in the third quarter of 2010, compared with a pre-tax loss of €66.1 million in the third quarter of 2009.
In the period in question, external sales revenues of €2.16 billion was recorded, compared with external sales €1.83 billion in the same quarter of last year.
Included in the pre-tax result are a € 35.4 million negative impact resulting from US$ end of period valuation as well as a non-periodic profit of € 19.9 million.