POSCO Holdings (NYSE:PKX) Q3 2025 Earnings Call October 27, 2025 03:00 AM ET Speaker1Countries, the external uncertainties that had continued since the first half became even more complex. Amid these conditions, POSCO Holdings, on a consolidated basis, recorded revenue of ₩17.3 trillion and operating profit of ₩640 billion. Despite losses at POSCO E&C, consolidated OP has bottomed out in the fourth quarter of last year and improved to three consecutive quarters. By key business sector, first, sales performa ...

行业核心观点 - 德国化工公司认为高昂的碳排放配额成本正在损害欧洲的竞争力，并呼吁在欧洲旗舰排放交易体系中获得豁免 [1] - 化工行业正加大游说力度反对欧盟气候计划，因面临进一步减产、关停和产能外移的风险 [3] - 德国执政联盟近期支持保护陷入困境的产业，但欧盟保护国内产业的工具审查将不包括化学品 [4] 具体公司立场与行动 - BASF SE 和 SKW Stickstoffwerke Piesteritz GmbH 等领先公司呼吁在排放交易体系中设置豁免条款，因免费配额将从明年起逐步取消 [1] - BASF SE 发言人指出当前碳市场计划严重损害欧洲能源密集型基础材料生产的竞争力，不改革碳边界调整机制可能进一步加剧排放密集型生产的外移 [5] - Evonik Industries AG 表示当前局势可能进一步加速去工业化 [5] 成本与运营压力 - 欧洲碳价格是世界其他地区的五倍，对行业生存的威胁超过已从高点大幅回落的天然气价格 [2] - 德国化工厂在第二季度的产能利用率仅为72%，为30多年来的最低水平 [3]

European aluminium producers have warned that unchecked scrap exports could undermine recycling capacity and affect supply chains critical to the packaging industry. The call comes as the EU moves forward with its Carbon Border Adjustment Mechanism (CBAM), which targets carbon-intensive imports but does not address the export of recycled materials. Pressure on recycled aluminium supply Recycled aluminium plays a central role in packaging production, where demand is rising due to its lightweight properti ...