1208 GMT - Stainless steel company Aperam would benefit from the tougher trade measures set to be unveiled by the EU next week, Morgan Stanley analysts say in a research note. About 20% of all stainless steel consumed in the EU is imported, the analysts say. With import barriers raising, companies like Aperam or peer ArcelorMittal could sell more steel domestically and achieve higher spreads, or better margins per metric ton of steel sold, the analysts say. In carbon-steel, ArcelorMittal offers the most compelling upside on a risk-adjusted basis, Morgan Stanley says. Aperam is the bank's preferred stainless steel play in context of EU's tougher measures. Shares are up 3.7% at 31.60 euros. (maitane.sardon@wsj.com)
(END) Dow Jones Newswires
October 03, 2025 08:08 ET (12:08 GMT)
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