UPDATE 2-Salzgitter CEO says more optimistic for 2009 now

Newswire

* Says business improved in May vs previous months * Capacity utilisation to be increased to 75-80 percent * CEO says still sees 2009 pre-tax break-even * May raise stake in Aurubis * Shares rise 3.5 percent (Adds details, share price) BRAUNSCHWEIG, Germany, May 27 (Reuters) - Salzgitter , Germany's second-largest steelmaker, is a little more optimistic for 2009 as business starts to pick up, Chief Executive Wolfgang Leese said on Wednesday. Business in May was better than it ...

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