UPDATE 1-Salzgitter to hike steel prices 7-8 pct in 3rd qtr

Newswire

(Adds share price, background) HANOVER, Germany, April 25 (Reuters) - Germany's Salzgitter will increase steel prices by an average 50 euros per tonne, or 7 to 8 percent, in the third quarter, Chief Executive Wolfgang Leese said on Tuesday. He also told reporters at a trade fair that contrary to expectations, Germany's second-largest steel company after ThyssenKrupp had done well at the operating level in the first quarter. "We assume the second and third quarters will go just as well as ...

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