The German steel producer Salzgitter reported a second quarter net loss on Monday, as sales declined in the face of a downward economic trend in Europe, and especially Germany that has significantly weighed on the steel industry. For the three-month period, the company posted a net loss of €33.5 million ($36.6 million) or €0.64 per basic share, compared with a profit of €19.7 million or €0.34 per basic share, registered for the same period last year. Unappropriated retained loss of Salzgitter AG narrowed to €24.4 million from last year’s loss of €54.1 million. Earnings before taxes stood at €5…