German steel giant Salzgitter AG navigated turbulent first half 2025, reporting €116.8 million EBITDA amid geopolitical tensions & weak economic conditions. The company's P28 Performance Program delivered €48 million additional earnings while Technology Business Unit provided crucial support. Despite steel production challenges, management maintains optimistic 2025 outlook projecting EBITDA between €300-400 million. Strategic focus on SALCOS decarbonization technology positions company for sustainable transformation.