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    SZG — Salzgitter AG News Story

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    Salzgitter soars after Germany clears military use of steel product

    Picture of Salzgitter AG logoSalzgitter AG
    08/07/2025 15:41
    July 8 (Reuters) - Shares in Salzgitter SZGG.DE rose more than 23% in Frankfurt on Tuesday after Germany approved for military use the company's Secure 500 steel product.

Their surge helped the German small-cap SDAX index .SDAXI hit a fresh record high, up 1.2% and outperforming the blue chip DAX .GDAXI index.

 (Reporting by Danilo Masoni, editing by Samuel Indyk)

 ((Danilo.Masoni@TR.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net))

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