MCE - Delayed Quote EUR

Acerinox, S.A. (ACX.MC)

10.13

-0.01

(-0.10%)

At close: April 26 at 5:35 PM GMT+2

RPT-EU should do more to curb steel imports from Asia, says Acerinox CEO

The boss of Spanish steelmaker Acerinox says the European Union should do more to curb steel imports from Asia, which are hurting some of the EU's mills as demand and prices weaken. With domestic demand not recovering as much as expected, China's exports of steel products rose by 25% in March year-on-year to 9.89 million metric tons, the highest since July 2016.

Reuters 16 hours ago

ANIOY
RPT-UPDATE 2-Steelmaker Acerinox cautious on second quarter as strike drags on

Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill. The company said that there is no guarantee that the labour dispute at its Spanish steel mill Cadiz will be resolved in the short term. "The European market continues to be weak and has not experienced the expected recovery...even with the reduction in supply," the company said.

Reuters yesterday

ANIOY
Steelmaker Acerinox cautious on second quarter as strike drags on

(Reuters) -Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill. The company said that there is no guarantee that the labour dispute at its Spanish steel mill Cadiz will be resolved in the short term. "The European market continues to be weak and has not experienced the expected recovery...even with the reduction in supply," the company said.

Reuters yesterday

ANIOY
New Strong Sell Stocks for March 21st

ANIOY, CPRI and TCS have been added to the Zacks Rank #5 (Strong Sell) List on March 21, 2023.

Zacks last month

ANIOY

CPRI

TCS
Haynes (HAYN) to be Acquired by Acerinox's Unit for $970 Million

Haynes (HAYN) agrees to be acquired by North American Stainless for $970 million, with Acerinox injecting $200M to bolster operations, solidifying their position for long-term success.

Zacks 2 months ago

ANIOY

HAYN

CCJ

Performance Overview

Return	ACX.MC	IBEX 35...
YTD	-1.90%	+10.42%
1-Year	+17.25%	+20.07%
3-Year	+3.84%	+29.42%

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Acerinox, S.A. (ACX.MC)

RPT-EU should do more to curb steel imports from Asia, says Acerinox CEO

RPT-UPDATE 2-Steelmaker Acerinox cautious on second quarter as strike drags on

Steelmaker Acerinox cautious on second quarter as strike drags on

New Strong Sell Stocks for March 21st

Haynes (HAYN) to be Acquired by Acerinox's Unit for $970 Million

Performance Overview