Salzgitter Lowers Profit Guidance on Deteriorating Economic Outlook

27 June 2012 - In releasing its profit guidance for the financial year 2012, the Salzgitter group notes that the economic outlook for Germany and the eurozone as a whole has deteriorated further due to the severe problems caused by Europe's debt crisis; this falls markedly short of the expectations underlying the profit guidance released by the Salzgitter Group on 15 May 2012.