Latest / Prysmian Daily News Update
Oil jumps to $110 on Iran fears as US revamps metals tariffs - Apr 2, 2026
As of April 2, today’s news features evolving U.S. tariff structures on steel and aluminum, and rising oil prices amid escalating tensions in the Middle East. Prysmian was highlighted as Intermonte confirmed a neutral recommendation with a target price of 94 euros. Analysts noted the impending changes in U.S. tariffs under the Trump administration, which could shift the current regime on imported steel and aluminum. Menawhile, the French antitrust authority fined Nexans 3 million euros and Sonepar 3.5 million euros. Turning to market updates, the U.S. is preparing to introduce a tiered tariff…
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