Cables, copper and currents. Power Shifts in Industry - Jul 17, 2025

Prysmian Daily News Update · Jul 17, 2025 · 3m

As of July 17, today’s news is dominated by positive developments in the electrification sector, reflecting strong demand which could bode well for Prysmian and Nexans. Prysmian, which rose by 4% on the Milan Stock Exchange, is reported to be positioned to benefit from increased demand for medium- and low-voltage electrical cables, sharing in the optimism following ABB’s report of a 9% organic growth in its Electrification unit. ABB's strength stems from its offerings tied to utilities and particularly its successful data center segments, indicating potentially a positive environment for…