Acerinox, S.A. (ACX.MC)
| Previous close | 10.14 |
| Open | 10.24 |
| Bid | 10.13 x 0 |
| Ask | 10.15 x 0 |
| Day's range | 10.01 - 10.27 |
| 52-week range | 8.67 - 10.81 |
| Volume | |
| Avg. volume | 821,216 |
| Market cap | 2.525B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 11.01 |
| EPS (TTM) | 0.92 |
| Earnings date | 24 Jul 2024 |
| Forward dividend & yield | 0.62 (6.11%) |
| Ex-dividend date | 17 Jul 2024 |
| 1y target est | 12.50 |
- Reuters
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
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.
ReutersSteelmaker 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.
