Industry Insights

December 2025

Unravelling the Effects of Metal Price Swings

Written by Spyros Kokkolis, Deputy CFO & Strategic Procurement of Non-Ferrous Metals and Energy at VIOHALCO In the first two parts, we have covered the actual effects of metal price fluctuations on the profitability of metal fabricators (like ElvalHalcor) and the impact of the valuation method on reported profitability from metal price fluctuations. We have explained in detail that real profitability is not affected, but accounting results may vary significantly. Cash flows are largely unaffected, as any variations between buying…

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Company

October 2025

A call to stop the leakage of copper and copper alloy scrap

A call to stop the leakage of copper and copper alloy scrap – a strategic raw material for a resilient and sustainable Europe This paper reflects the position of the signing enterprises and organizations (see the Annex) Issued on: 10/11/25

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Industry Insights

July 2025

Operational Excellence: Introducing the new way of working in the Copper Segment

Written by Panos Gkantiragas / Operational Excellence Director of the Copper Segment at ElvalHalcor S.A. Since 2022, the Copper segment has been on a journey to implement Operational Excellence – not as a one-time project, but as a lasting way of working. Our vision is clear: to build a high-performing organization by developing strong capabilities throughout every part of the business. At the heart of this transformational journey is our Integrated Operational Excellence System. This system is designed to help…

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Company / Sustainability

April 2025

The Importance of Recycling for HALCOR

by Pavlos Stavroulakis, Raw Materials and Recycling Engineer at Metals Purchasing Department of Copper Segment. At HALCOR, recycling is not just a process, it is a core part of how we operate. In recent years, an increasing portion of the copper we use comes from recycled scrap. In this context, we continuously seek innovative methods to enhance recycling processes, ensuring that every step supports both our business objectives and environmental commitments. Copper is one of the few raw materials that…

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ElvalHalcor

March 2025

Charting a profitable course in a world of fluctuating metal prices

by Spiros Kokkolis, Deputy CFO & Strategic Procurement of Non-Ferrous Metals and Energy at VIOHALCO As promised in the previous issue, we will explain the mechanism under which ElvalHalcor, and similar metals fabricators, report fluctuations in their profitability (EBITDA and further down into EBIT and EBT), fluctuations that do not affect their recurring profitability, which is better portrayed by adjusted figures, i.e. a-EBITDA and a-EBIT. To understand the mechanism, one must primarily understand a basic principle under which most fabricators…

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