European miners rise on China stimulus hopes

Boliden AB

21/07/2025 08:56

** Shares in European metals and mining stocks are up, tracking a rise in iron ore and metal prices after China vowed to stabilise its industrial growth, and on hopes for more stimulus

** The European STOXX 600 Basic Resources .SXPP index is up around 3%, rising the most among other indices on STOXX 600 .STOXX index

** Germany's Aurubis NAFG.DE, Thyssenkrupp TKAG.DE and Salzgitter SZGG.DE rise between 2.5% and 3.6%, Austrian steelmaker Voestalpine VOES.VI is up 2.1%

** Acerinox ACX.MC rises 2%, while Aperam APAM.AS and ArcelorMittal MT.AS are up 3.1% and 3.8%, respectively

** Outokumpu OUT1V.HE, SSAB SSABa.ST and Boliden BOL.ST are up between 3.3% and 5.1%

** Vallourec VLLP.PA is up 2.4%, Rio Tinto RIO.L and Eramet ERMT.PA rise 2.8% and 3%, respectively

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))