Salzgitter: The EU Plans to Extend its Steel Tariffs and Boost the Sales of Green Steel. Cyclical Beneficiary of a new Economic Upswing!

Last week, we took a position on Salzgitter (WKN 620200) in our model portfolio, as a partial agreement for the two mega special funds became apparent. Salzgitter, as a steel manufacturer, is a strong beneficiary with a P/S ratio of 0.15 and a 65% discount to the adjusted book value when a new economic upswing begins. Therefore, we are following this stock. The stock speaks for: Beneficiary as Germany increases its focus on green steel. The €500 billion special fund for infrastructure is expected by analysts to increase domestic demand...