Steel explosion: Salzgitter and ThyssenKrupp are booming in stock trading!

Steel explosion: Salzgitter and ThyssenKrupp are booming in stock trading!

The stock markets in the German steel industry are extremely dynamic at the beginning of 2026. The shares of Salzgitter and ThyssenKrupp have recorded a sharp increase, which is mainly triggered by rising prices for iron ore and steel. Yes, that's a real high: Salzgitter rose by an impressive 13.09%, while ThyssenKrupp emerged as the strongest stock in the MDAX with a gain of 6.49% on the day. With an increase of almost three percent, Klöckner & Co. is also in the positive trend as the third strongest stock in the SDAX.

In Asia, prices for iron ore and steel are reaching their highest levels in months - specifically in Singapore there are almost three percent more for iron ore. The background is large construction projects, such as the gigantic hydroelectric power plant in Tibet, which costs almost 167 billion dollars. This mega construction site brings a breath of fresh air to the demand for steel and raw materials. The prospects in the industry seem to be on the up.

Current overview of stock performance

The current mood is also underpinned by the optimism of US Secretary of Commerce Howard Lutnick, who points to a possible trade agreement between the US and the EU. However, Salzgitter recently experienced setbacks due to the lowered profit forecast for 2025, which arose from economic uncertainties and customs conflicts. However, the stock has shown signs of recovery after market participants were able to digest the forecasts.

The steel industry as a whole has an average annual performance of 4.49%, which puts it in sixth place in our industry. This development is particularly encouraging at times when many markets are stagnating or even experiencing declines.

The next few weeks promise to be exciting, especially given the high demand from construction projects and global market developments. Anyone interested in the steel sector should keep an eye on developments! Further information about this can also be found on stahlbase.com and at Börse Social as well as Der Shareholder.