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German steel giant Salzgitter on Tuesday raised its full-year guidance for sales and earnings, following continued slower economic recovery and higher energy costs and imports. The company now expects earnings before interest, tax, depreciation and amortization (EBITDA) for the full year to be in the range of €400 million to €500 million ($432 million to $540 million), on sales of €10 billion. Earlier, the company had forecast EBITDA of €550 million – €625 million sales of about €10.5 billion. For the full year, the company now sees pre-tax result at break-even, compared to the earlier project…

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