AURUBIS AG UNSP.ADR 1/2 Aktie

Aurubis expects hardly any direct short-term impact of the Iran war on its copper business, but sees medium-term opportunities from a shrinking world-market supply of sulfuric acid in the second half of 2025. Disruptions to sulfur supply chains in the Middle East and possible export restrictions could tighten supply and support demand from the European chemical and fertilizer industry. Sulfuric acid is produced as a by-product of copper production and could give Aurubis short-term tailwinds. » More on finanzen.net

Aurubis shares slipped sharply after a weeks-long rally, falling in the MDax by up to four percent from their previous-day high. The decline was driven by falling copper prices amid rising inventories and weakening demand from China. Final quarterly results provided no fresh impetus; management confirmed the preliminary figures and the raised forecast. Analysts warn that metal prices make results volatile and that the current investment program will be burdened in the short term by higher write-downs, but should yield growth returns in the medium term. » More on de.investing.com

A sharp drop in the copper price put Aurubis under pressure on Monday; the share corrected on XETRA by about 1.9% and had at times fallen even more. Aurubis had benefited from the metals price rally last week and raised its outlook; the record high was just under €171. The price slide in industrial metals as well as gold and silver was triggered in part by the nomination of Kevin Warsh as a possible Fed chair successor and the resulting monetary-policy uncertainties. » More on finanzen.net