DGAP-Adhoc: Salzgitter AG: EUROPIPE joint venture is the main supplier for the first offshore strand of the South Stream

DGAP-Adhoc: Salzgitter AG: EUROPIPE joint venture is the main supplier for the 
first offshore strand of the South Stream Pipeline

Salzgitter AG  / Key word(s): Incoming Orders

29.01.2014 16:07

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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EUROPIPE, a 50/50 joint venture of the Salzgitter Group and AG der
Dillinger Hüttenwerke, is to supply 450,000 tons of steel pipes for the
first strand of the offshore section of the South Stream Pipeline.

This major order, won against the backdrop of challenging competition, will
secure satisfactory basic capacity utilization for the next twelve months
at EUROPIPE from the second quarter onward. The feedstock will be provided
in the form of high-grade plate by the two shareholding companies.

The South Stream Pipeline system will connect Russia's gas fields with
Central and Southeast Europe. The pipeline runs through the Black Sea and
is scheduled to become operational at the end of 2015. The construction of
four offshore strands has been planned.

More information is available on EUROPIPE's homepage: www.europipe.com


Contact:
Markus Heidler 

Head of Investor Relations

Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter

Phone +49 5341 21-6105
Fax   +49 5341 21-2570
E-Mail ir@salzgitter-ag.de


29.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Salzgitter AG
              Eisenhüttenstraße 99
              38239 Salzgitter
              Germany
Phone:        +49 5341 21-01 
Fax:          +49 5341 21-2727 
E-mail:       info@salzgitter-ag.de 
Internet:     www.salzgitter-ag.de
ISIN:         DE0006202005
WKN:          620200  
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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