FRANKFURT (Reuters) - German steelmaker Salzgitter on Tuesday warned its pre-tax profit could fall by nearly two thirds, citing "gloomier sentiment and numerous economic and political uncertainties".
The group said it expects pre-tax profit of 125 million to 175 million euros (109.65 -153.50 million pounds) this year, down from 347 million in 2018, according to preliminary results.
Salzgitter shares were down 2 percent at 1335 GMT.