Aurubis shares rose Tuesday after the German metals supplier offered a new earnings outlook, with clarified statements following a huge theft of copper.
Shares of Salzgitter AG (SZGPY.PK) were losing around 6 percent in the morning trading in Germany after the steel manufacturer Friday said that it is suspending earnings guidance for fiscal 2023 for the time being.
(Bloomberg) Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive scam involving shipments of scrap metal that it uses in its recycling business.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Ca
Investegate announcements from Aurubis AG, Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution