Middle East Conflict to Hit European Mining and Steel Stocks -- Market Talk

Dow Jones
03/09

1118 GMT - European mining and steel companies could suffer as escalating conflict in the Middle East damps Europe's growth outlook and threatens to push interest rates higher, analysts at J.P. Morgan say. The conflict will cause similar consequences to those which followed Russia's full-scale invasion of Ukraine in 2022--a conflict that triggered a fall of around 40%--the analysts say. Metal prices are disproportionately hurt by knocks to global growth, a risk that isn't properly reflected in the sectors' stock prices, they add. Steelmaker ArcelorMittal falls 6.45%, while copper and iron ore miner Anglo American drops 6.3%. Austrian steel company Voestalpine tumbles 9%.(josephmichael.stonor@wsj.com)

 

(END) Dow Jones Newswires

March 09, 2026 07:19 ET (11:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10