Latest / Prysmian Daily News Update
Prysmian soars on tariffs. A copper edge and Italy’s role - Jul 9, 2025
As of July 9, several market fluctuations appear influenced by U.S. copper tariffs, with Prysmian emerging as a potential beneficiary in the sector. Prysmian's shares climbed to their highest point since February, rising up to 4% in Milan after the company indicated it stands to gain from President Trump’s proposed 50% tariff on copper imports. Analysts, notably from Citigroup and Jefferies, have pegged Prysmian as a “relative tariff winner” due to its substantial U.S. operations and domestic sourcing of copper, positioning it favorably against competitors. A spokesperson emphasized their…
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