Steel alert! Salzgitter and ThyssenKrupp on record – what's behind it?

Steel alert! Salzgitter and ThyssenKrupp on record – what's behind it?

The shares of German steel companies are currently showing an impressive performance. Salzgitter and ThyssenKrupp are rising strongly, which is pleasing investors and analysts alike. How boerse-social reports, Salzgitter has gained a remarkable 30.48% in the last week, while ThyssenKrupp was able to boast an increase of 11.02%. Completely in line with the trend is voestalpine with an increase of 8.4% and also ArcelorMittal, which recorded an increase of 5.91%.

A look at the monthly development also shows positive trends. Salzgitter can look back on a gain of 17.56%, while voestalpine also grew strongly with 16.78%. At ThyssenKrupp, however, the performance was rather modest at 0.15%. Striking outliers can be observed: In 2025, ThyssenKrupp shares will already be up a fantastic 139.99%, after falling by 37.88% in the previous year. Salzgitter should be just as pleased over the year, as the share price has increased by 124.87%, despite a decline of 43.43% in the previous year.

External influences and market dynamics

The current rise in stock prices will follow the shareholder boosted by rising iron ore and steel prices. In Asia, prices for these raw materials climbed to their highest level in four months. For example, iron ore prices in Singapore rose by almost three percent. The background: A gigantic construction project in China, worth over 167 billion dollars and considered the largest hydroelectric power plant in the world, is significantly driving demand for steel and other raw materials.

Interestingly, Salzgitter shares came under pressure in the previous week due to a lowered profit forecast. Price and profit forecasts were influenced by economic uncertainty and tariff conflicts between the USA and the EU, which put additional pressure on the industry. Nevertheless, there is long-term confidence, particularly with regard to the defense sector, which could contribute to Salzgitter's sales improvement.

Steel market and future developments

The steel industry is heavily influenced by international trade conditions. How Stock finder explains, US steel tariffs can have problematic effects on the European steel industry. Up to 3.7 million tonnes of steel exports are at risk. Germany, which exports around a million tons of special steel to the USA, will be particularly affected.

At the same time, there are also positive developments: countries like Turkey and Vietnam are benefiting from the current trading conditions and investing in new production capacities. The UK government has also committed significant funding to support the domestic steel industry, particularly in decarbonisation.

All in all, the steel market shows that it is more than just an economic sector – it is a barometer for industrial production and global trade relations. Changing trade regulations and tariff conditions have a profound impact on the cost structure of steel production and ultimately on the entire economy.