Salzgitter share explodes: 20% course leap thanks to the Bundeswehr approval!
Salzgitter share explodes: 20% course leap thanks to the Bundeswehr approval!
Salzgitter, Deutschland - A sudden flowering on the stock market is currently causing a stir: Salzgitter AG share has made an impressive spa jump of 20 percent on Tuesday and thus became the leading value in the Nor-Value Index SDAX. Also on Wednesday the upward trend continued, which put the investors in a party mood, such as Shareholder reported.
But what is behind this pleasant increase? The reason for the sensation is the steel quality Secure 500, which meets the technical requirements for use in the Bundeswehr. This special steel quality is released for military applications in the thickness area of 6 to 16 millimeters. Among other things, there are possible uses in vehicles and protection systems. Salzgitter is also in the approval process for other types of steel, which also heats up the enthusiasm, as well as the messages on Market screen show.
analyst opinions in focus
The analysts of UBS, however, represent a critical perspective on the current rally of the Salzgitter share and rate them as exaggerated. Analyst Andrew Jones sees an additional result potential of 110 to 200 million euros in the Best Case Scenario, which is at least 8 to 15 percent of the market capitalization before the course jump. However, the course is currently close to its March high of 28.18 euros. A breakthrough through this brand could be a strong signal for the share, such as further executed.
The upward trend is no coincidence, because the cyclical steel business is generally difficult. Nevertheless, steel for armor purposes could become sales and margin drivers for Salzgitter in the long term. This development could be important for both the company and for the German steel industry.
The role of the steel industry in change
The steel industry in Germany is currently at a crucial trial point. A study by Oliver Wyman and IW Consult, which was created on behalf of the Stahl business association, deals with the role of the steel industry for industrial networks and the overall economic resilience. The steel location Germany could experience serious changes if the Transformation and the decarbonization goals should not be implemented successfully. According to the study, 23 percent of the production value and 12 percent of jobs in the German overall economy are directly connected to the steel industry, which illustrates its enormous influence on the economic structure.
It is remarkable that 69 percent of the companies surveyed consider German steel to be important for the stability of the supply chains. Around 80 percent report a reduction in CO2 emissions if they use German steel. In view of the challenges that the steel sector has for coping, it is essential for the entire industry to find a way to the future that is both ecologically and economically portable. In summary, it can be said that Salzgitter AG is currently in the focus of the investors - both because of the armaments fantasies and the overarching topics of the steel industry. How the situation will develop remains to be seen, but one thing is certain: there is still something.| Details | |
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| Ort | Salzgitter, Deutschland |
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