SALZGITTER AG

History

YearDetail
1858 The Salzgitter Group and its management holding company, Salzgitter AG, are the corporate descendants of the Ilseder Hütte Corporation, founded in 1858.
1880 Salzgitter AG acquired the “Aktien-Gesellschaft Peiner Walzwerk”, which was founded in 1872, to convert llseder pig iron into steel and rolled products.
1970 Salzgitter AG merged its Steel Division comprised mainly the smelting plant in Salzgitter, with Ilseder Hütte, which was renamed Stahlwerke Peine-Salzgitter AG.
1990 Salzgitter AG and its subsidiary Stahlwerke Peine-Salzgitter AG were privatized with the sale of the business to Preussag AG.
1998 Preussag Stahl AG was spun off from the Preussag Group as an independent unit, renamed Salzgitter AG, and floated on the stock market.
2001 Salzgitter AG became a management holding company with independent subsidiary operating companies arranged in divisions.
2021 Salzgitter AG and Anglo American collaborated in optimizing iron ore supplies to minimize the CO2 footprint of steel production.
2022 Salzgitter AG divests Salzgitter Bauelemente GmbH to FALK Bouwsystemen, a family-run company based in Ede in the Netherlands.
2023 Salzgitter AG established a representative office in Berlin to strengthen its regional presence.
2025 Lindab Steel, a subsidiary of Lindab AB, a ventilation company, and Salzgitter Flachstahl GmbH signed a memorandum of understanding (MoU) to deliver CO2-reduced steel from the SALCOS route.
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