German steel manufacturer Salzgitter on Monday reported major losses over the first three quarters of the year. Amid a tough market environment, net losses over the first nine months of 2024 amounted to €197.7 million ($210.6 million), compared to a profit of €193.7 million over the same period last year. Basic loss per share was €3.74, after a profit of €3.51 a year ago. Loss before taxes was €141.2 million, while the previous year’s profit was €254.3 million. The company noted that a major driver behind the pre-tax loss was an impairment totaling €150 million in its steel processing business…