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Home > Finance > Salzgitter soars after Germany clears military use of steel product

Finance

Salzgitter soars after Germany clears military use of steel product

Published by Global Banking and Finance Review

Posted on July 8, 2025

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(Reuters) -Shares in Salzgitter 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 hit a fresh record high, up 1.2% and outperforming the blue chip DAX index.

(Reporting by Danilo Masoni, editing by Samuel Indyk)

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