Salzgitter Ag Akt Shs (SZGPF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.138 Hello and welcome to the Sal's Gitter nine-month results conference call. 00:00:04.138 -- 00:00:07.784 For the first part of the call, participant will be in listen-only mode. 00:00:07.784 -- 00:00:12.051 During the question and answer session, participants will be able to ask questions by 00:00:12.051 -- 00:00:15.577 dialing pound key five on their telephone keypad. 00:00:15.577 -- 00:00:20.465 I would now like to hand the call over to Birgit Petrovsky, CFO of Sal's Gitter AG and 00:00:20.465 -- 00:00:23.030 Marcus Heidler, Head of Investor Relations. 00:00:23.030 -- 00:00:25.490 Please go ahead. 00:00:25.563 -- 00:00:31.968 Yes, good morning, ladies and gentlemen. Welcome to our nine-month conference call. 00:00:32.011 -- 00:00:35.896 We have quite some nice information to deliver to you. 00:00:35.896 -- 00:00:40.702 Since we last met in August, a lot has happened in our industry. 00:00:40.702 -- 00:00:45.908 The most impactful news is definitely the new trade defense instrument 00:00:45.908 -- 00:00:48.651 proposed by the EU Commission 00:00:48.651 -- 00:00:53.869 just a few weeks ago. If it were to be implemented as presented, It 00:00:53.869 -- 00:00:58.877 would bring imports back to levels from a decade ago and thus strengthen the 00:00:58.877 -- 00:01:04.201 long-term viability of the steel production in the EU. 00:01:04.865 -- 00:01:10.233 International trade uncertainty has persisted over the summer and in some areas new 00:01:10.233 -- 00:01:13.315 trade turmoil arose. 00:01:13.638 -- 00:01:18.685 Last Thursday, there was a steel summit in Berlin to discuss ways 00:01:18.685 -- 00:01:24.130 to improve the competitiveness of steel production in Germany. 00:01:24.153 -- 00:01:29.480 it is very encouraging that there was br...