business
Sandvik and Epiroc Shares Fall After Precious-Metal Prices Slide and Mining-Equipment Orders Drop
@business reported that shares in Sandvik and Epiroc declined after precious metal prices fell since the start of the year. The drop weighed on orders for mining equipment at the two companies.
Jul 18, 2:20 AM·1m read1 source
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Shares in Sandvik and Epiroc fell after precious metal prices slid since the start of the year, @business reported. The decline weighed on orders for mining equipment. The companies supply tools and machinery used in metal extraction.
Lower prices for gold, silver and other metals have reduced demand for new equipment in recent months. @business reported the share price moves without providing specific percentage changes or trading volumes.
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