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ArcelorMittal to present its wind turbine expertise at HUSUM WindEnergy 2012

ArcelorMittal, the world's largest steel and mining company, will present its wind turbine expertise at the industry's biggest event, HUSUM WindEnergy 2012. Taking place every two years in Husum in Germany, the fair has been gathering the industry's movers and shakers for 25 years and is a key showcasing event for research and products.

ArcelorMittal will host a joint conference with industry expert and researcher Professor Dr Holger Lange, professor of wind energy technology at the University of Applied Sciences Bremerhaven.

Dr Lange will speak on the cost effectiveness of lattice towers, including discussing the design, building and maintenance aspects, on September 19th 2012.

ArcelorMittal is a major supplier to the wind energy industry, as steel accounts for up to 95% of the total weight of wind turbines. While ArcelorMittal Asturias, Spain, is a global leader in the production of quarto plate currently used in 85% of all wind turbines in the world, the company's Long Carbon Europe segment is also now offering a breakthrough solution through lattice towers made from its purpose made steel sections and standard profiles, including large angle products for high lattice wind towers.

Wind turbine towers made from plate and concrete struggle to reach 100 meters in height; using lattice towers enable heights of more than 120 meters. Greater height also allows for greater power generation by giving access to stronger but less turbulent winds, especially at onshore wind farms. The lattice tower solution now being offered by ArcelorMittal is also the most cost effective wind tower and the easiest to transport and build.

HUSUM Wind Energy 2012 takes place from September 18th 2012 to September 22nd 2012 and will gather around 1,200 exhibitors from 30 countries including wind turbine manufacturers, wind turbine component suppliers, operators, planning offices, power networks and many others.

Source - ArcelorMittal
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Blistering rally in iron ore prices leaves the market dazed

Blistering rally of USD 10 per tonne in the first 2 days of week 37 shook hackles in the raw material market lacerating after over 30% drop this year.

Weekend stimulus package of USD 158 billion portends to game changer in Q4. Encompassing projects pertaining to waterway, sewage treatment plants, two waterway improvements, five ports and warehousing projects and over 1000 miles of roads the package will kick start steel demand to the tune of 10 million tonne in this fiscal.

Rally in iron ore market catapulted finished futures with SHFE rebar increasing by over USD 40 per tonne since Friday.

Imported iron ore market surged on Sep 11. 63.5% Indian fines was quoted at USD 105 per tonne, 53/52% Indian fines was offered at USD 60 per tonne, 61.5% Australian fines stayed at USD 97 per tonne. Newman fines were offered at USD 98 per tonne. Yandi fines were at USD 88 per tonne.

Noticeably the spike is concentrated only in spot market with futures remaining untouched as the demand fundamentals still grapples with realities and will take sustainable rally to ingrain confidence.

Nearly 100 million tonnes stockpile at port and market still burdened with high inventory levels transactions by the mills were scanty even though the traders kept the market ablaze.


(www.steelprices-india.com)

Source - Strategic Research Institute
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Day 3 - Steel market euphoria vanishes into thin air in China

China is renowned for dramatic turn of fate which baffles the conservatism of steel market. Characteristically a mercurial spike in steel prices by by 3% in 3 days after the life-saving dosage of CNY 1 trillion (USD 158 billion) stimuli announced last Saturday.

Market reacted in brazen fashion with rattling even iron ore prices by nearly 15%. However the sustainability of blitzkrieg was always questionable with core issues regarding funding of the new projects remaining unaddressed. Notably availability of cheap credit is vital for financing private sector. State weary of the inflationary pitfalls and piling bad debts has opted for silence. Reality sector being the main proponent of steel demand has been bête noire of the state economic policies. Even though inflation has been reined at 3-3.5% government cannot let go the caution at the time power transition in the politburo.

High inventory of finished steel and iron ore has remained perpetual Achilles heel dousing each burst revival with impunity. Fall out of irrational production rampage by Chinese mills it has violated all tenants of commercial logic.

Even though some experts might advise against pessimism, realism is welcome. Soaked in fears of relapse today’s silence is more likely to be sputtering rather than momentary pause.


Source - Strategic Research Institute

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Germany crude steel output fell by 7.1pct YoY in August

According to statistics released by the German steel federation Wirtschaftsvereinigung Stahl, the country's crude steel output in August 2012 totaled 3.4 million tonnes, falling by 7.1% YoY.

In the first eight months of 2012, Germany produced 28.9 million tonnes of crude steel, decreasing by 5.3% in comparison of that in the same period of a year ago.

In July 2012, the country's production of hot rolled steel products totaled 2.86 million tonnes, down by 6.5% YoY.

Among them, 1.95 million tonnes were flat steel products, declining by 10.4% and 904,000 tonnes were long steel products, up by 3%, both compared to that in July 2011.

Source - www.yieh.com)
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ArcelorMittal Orbit becomes one of the stars of the Olympic and Paralympic Games

Hailed by The Times newspaper as the unlikely star of the London Olympic Games, the ArcelorMittal Orbit has been one of the most popular attractions in the Olympic Park. Highlights during the Olympic and Paralympic Games included:

The ArcelorMittal Orbit was sold out throughout the Olympic and Paralympic Games, welcoming more than 5,000 visitors a day, with total visitor numbers exceeding 130,000 during the Games. Ticket holders were able to admire panoramic views of London and the Olympic Park from two viewing platforms at 76 and 80 meters high, as well as enjoying an amazing artistic and sensory experience.

In addition to providing the public with an unforgettable view of London's skyline, the ArcelorMittal Orbit was also visited by royalty, heads of state, celebrities and athletes. Following her acting debut at the London 2012 Olympic Games opening ceremony, Her Majesty the Queen enjoyed the view from the top of the Orbit accompanied by Prince Phillip, Princess Anne, Lord Coe, Boris Johnson, Anish Kapoor, Cecil Balmond and the chairman and CEO of ArcelorMittal, Mr LN Mittal.

The ArcelorMittal Orbit played a key role in the London Paralympic Games opening ceremony, when former Royal Marine Joe Townsend brought the Olympic flame into the Olympic Stadium via a zip line from the top of the Orbit.

The ArcelorMittal Orbit was the location chosen by three amorous men to propose to their girlfriends: all three proposals were successful.

Mr LN Mittal said that "This has been one of the most successful and unforgettable Olympic and Paralympic Games ever and for ArcelorMittal to have been a part of it is something that we are all extremely proud of, it has been a great symbol of what steel can achieve. The ArcelorMittal Orbit has surpassed all expectations that I had and I am looking forward to the role it will play in the legacy plans for East London."

Designed by Mr Anish Kapoor and Mr Cecil Balmond and funded by ArcelorMittal, the world's leading steel and mining company, the ArcelorMittal Orbit, standing at 114.5 meters, is the UK's tallest sculpture and will now become a centerpiece in the future Queen Elizabeth Olympic Park.

Now that the Games are officially over, the ArcelorMittal Orbit will be handed over to the London Legacy Development Corporation who will run the ArcelorMittal Orbit as a visitor attraction, once the park reopens after a period of transformation, with ticketed viewing from the observation decks and a compelling venue for private functions. The ArcelorMittal Orbit will be able to accommodate around 5,000 visitors a day, with the potential to attract around one million people during its first year of operation. It will have the capacity to accommodate between 400 and 600 visitors per hour, including full wheelchair access.

As a tier two sponsor of London 2012 and official steel supporter of the Games, ArcelorMittal committed funding of up to GBP 19.6 million of the GBP 22.7 million cost of the ArcelorMittal Orbit, with the outstanding GBP 3.1 million provided by the London Development Authority. It has been estimated that the resulting visitor attraction will generate up to GBP 10 million of revenue each year and create up to 50 new jobs following the 2012 Olympic and Paralympic Games.

Construction of the ArcelorMittal Orbit took less than two years and used 560 meters of tubular red steel to form the sculpture’s lattice superstructure. The result is a bold statement of public art that is both permanent and sustainable, with close to 60% of the 2,000 tonnes of steel used in the sculpture being drawn from recycled sources, underlining steel’s status as the world’s most recyclable material. Steel was chosen for the ArcelorMittal Orbit because of its unique properties including strength, modular structure and advantages of weight and speed of construction.

Source - ArcelorMittal

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Aperam suggests stainless steel pricing change - CEO

Reuters reported that stainless steelmaker Aperam is talking to its customers about a potential change in their pricing mechanism for the alloy.

Mr Philippe Darmayan CEO of Aperam said that the European producer is suggesting changes that will make its pricing similar to that for aluminium, meaning it will be based on the daily price of nickel on the London Metal Exchange plus a premium agreed between the mill and the customer.

Stainless steel prices are currently composed of two elements, a base price, agreed between the mill and the customer and a monthly alloy surcharge, which is calculated based on the average price of nickel and other alloys present in steel, for the month before the booking.

Source - Reuters
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Vanishing act begins in Chinese steel market

Day 4 in week 37 aroma of refreshing revival commenced vanishing. Seeming like a vanishing apparition of haunted house market lost 1% today raising fears of reversal. Living up to the anemia which set in yesterday today’s decline erased doubts about the short lived revival.

Relapse brings to the fore the mute question of concerted efforts by the government to address the fundamentals. Despite the diabolical halo acquired by the reality sector it seems to be the only panacea for its woes.

An elusive government has to come to terms of reduction in lending rate and swallow the inflationary bitter pill to some extant as a medium term solution. However a long term solution is dependent on upturn in global economy.

August steel production has been 4.84% lower than July at 58.7 million tonnes but a lot needs to be done before the first light is seen. Ironically Chinese market has been sitting over ticking time bomb of demand awaiting ignition from credit easing and latent demand in the construction sector. GDP growth of below 10% is a slur on the potential of Chinese economy with vast potential in housing and infrastructure.


Source - Strategic Research Institute
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Iron ore back above USD 100 mark

Shanghai steel futures steadied on Wednesday as excitement over the USD 158 billion worth of infrastructure projects approved by China began to lose steam, possibly stalling a rebound in iron ore prices that have surged 15% over three sessions.

The projects which involve building highways, ports and airport runways are likely to take years, which means steel demand from China, the world's top consumer, could remain sluggish at least for the rest of this year.

The most-traded rebar for January delivery on the Shanghai Futures Exchange eased 0.2% to CNY 3,455 (USD 550) a tonne by the midday break. The contract fell 1% on Tuesday after gaining 7% in the prior two sessions.

Benchmark iron ore with 62% iron content rose 5.5% to USD 100.20 a tonne on Tuesday, the first time in three weeks that it came back up to the USD 100 level, based on data from information provider Steel Index.

Iron ore prices have risen by over USD 13, or 15.2% in the last three sessions reclaiming more than half of what they lost in all of August after China announced the project approvals on Friday.

Mr Rory MacDonald iron ore broker at Freight Investor Services said that "Iron ore prices could continue to gain over the next week or two, but I still question the long-term sustainability of this given the weak steel fundamentals.”

Source - Reuters

Dongen
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Dongen
0
is er iemand onder U die de iron ore prjzen die deze dagen genoteerd worden in een historisch perspectief kan zetten?
voda
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Snelle vertaling via Google Translate:

IJzererts weer boven USD 100 mark

Shanghai staal futures gestabiliseerd op woensdag als opwinding over de USD 158 miljard aan infrastructuurprojecten goedgekeurd door China begon om stoom te verliezen, mogelijk stalling een opleving van de prijzen van ijzererts die steeg 15% in drie sessies.

De projecten die gebouw snelwegen te betrekken, havens en luchthavens zullen waarschijnlijk nog jaren duren, wat betekent de vraag naar staal uit China, 's werelds hoogste scores van consumenten, kan traag blijven in ieder geval voor de rest van dit jaar.

De meest verhandelde wapening voor januari levering op de Shanghai Futures Exchange versoepeld 0,2% naar CNY 3.455 (EUR 550) per ton door de middagpauze. Het contract daalden met 1% op dinsdag na het behalen van 7% in de voorafgaande twee sessies.

Benchmark ijzererts met 62% ijzergehalte steeg 5,5% tot USD 100,20 per ton op dinsdag, de eerste keer in drie weken dat het terug kwam naar de USD 100-niveau, gebaseerd op gegevens van informatieverstrekker Steel Index.

Ijzererts prijzen zijn gestegen met meer dan USD 13, of 15,2% in de laatste drie sessies terugwinnen van meer dan de helft van wat ze verloren in alle van augustus na China het project goedkeuringen vrijdag bekend.

De heer Rory MacDonald ijzererts makelaar bij Freight Investor Services zei dat "IJzererts prijzen kunnen blijven winnen in de komende week of twee, maar ik heb nog de ??vraag van de duurzaamheid op lange termijn van dit gegeven de zwakke stalen fundamentals."

Source - Reuters


translate.google.com/
voda
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quote:
Dongen schreef op 14 sep 2012 om 16:22:

is er iemand onder U die de iron ore prjzen die deze dagen genoteerd worden in een historisch perspectief kan zetten?

Google eens op:

iron ore prices

Krijg je ongeveer 34,900,000 sites. Zal er best wel 1 tussen zitten die jou het gewenste resultaat geeft.

Succes er mee.
Dongen
0
quote:
voda schreef op 14 sep 2012 om 16:25:

[...]
Google eens op:

iron ore prices

Krijg je ongeveer 34,900,000 sites. Zal er best wel 1 tussen zitten die jou het gewenste resultaat geeft.

Succes er mee.

goede suggestie
mij zul je (even) niet meer horen
lol

toch vraag ik me af: waarom al die quotes als? ik neem aan omdat deze enige relevantie hebben. Alleen: hoe relevant.
Maar bedankt: ik kijk even die 34tig duizend sites even na.
voda
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Beste Dongen, kijk nog eens naar de eerst post van mij op deze draad.

Het is een algemeen staal nieuws verzamel draad, met af en toe puur specifieke Arcelor nieuws items. Voor elk wat wils, zullen we maar zeggen.

En ja, wat is relevant? Dat ligt ook wat men er van vind. De één, zal sommige items wel relevant vinden, anderen niet.

Feit is wel, dat hier een berg informatie staat. Wat men er mee wil/kan doen laat ik aan de lezers over.
aandeeltje!
0
quote:
voda schreef:

Beste Dongen, kijk nog eens naar de eerst post van mij op deze draad.

Het is een algemeen staal nieuws verzamel draad, met af en toe puur specifieke Arcelor nieuws items. Voor elk wat wils, zullen we maar zeggen.

En ja, wat is relevant? Dat ligt ook wat men er van vind. De een zal sommige items wel relevant vinden, anderen niet.

Feit is wel, dat hier een berg informatie staat. Wat men er mee wil/kan doen laat ik aan de lezers over.


Prima Voda!
viermeiden
0
L.s.,

beste mannen van het hete staal!

Is dit de gevraagde info!

Ik vond deze site (1 keer gochelen):
www.indexmundi.com/commodities/?commo...

(zoek termen: iron ore historical prices)

viermeiden
voda
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ArcelorMittal ziet af van investeringen Luik
Gepubliceerd op 17 sep 2012 om 15:06 | Views: 556 | Onderwerpen: staal


ArcelorMittal 16:56
EUR 12,86 -0,54 (-4,00%)

LUIK (AFN) - De directie van staalproducent ArcelorMittal heeft voor 138 miljoen euro aan investeringen in Luik ingetrokken. Dat is een gevolg van het mislukken van onderhandelingen met de vakbonden, zo meldden Belgische media maandag. Ongeveer 2000 banen staan op het spel.

Met de investeringen had ArcelorMittal het behoud van de koude lijn kunnen verzekeren, waarbij ruw staal wordt verwerkt. ArcelorMittal zou ook beslist hebben geen bestellingen meer aan te nemen voor de producten van blik.

Het overleg met de vakbonden ging over de gevolgen van de eind vorig jaar aangekondigde sluiting in Luik van de zogenoemde warme lijn, waar van ijzererts staal wordt gemaakt. Door de sluiting van de twee hoogovens en een gieterij gaan bijna 800 banen verloren.
voda
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Duitse staalproductie valt lager uit in 2012
Gepubliceerd op 18 sep 2012 om 12:46 | Views: 324 |

DUSSELDORF (AFN) - De staalproductie in Duitsland zal dit jaar lager uitvallen dan eerder werd verwacht door een afnemende vraag vanuit andere eurolanden vanwege de schuldencrisis. Dat heeft de branchevereniging Wirtschaftsvereinigung Stahl dinsdag gemeld.

De brancheorganisatie van Duitse staalbedrijven rekent nu voor heel 2012 op een productie van 42,5 miljoen ton, tegen een voorspelling van 44 miljoen ton aan het begin van dit jaar. In 2011 kwam de Duitse staalproductie uit op 44,3 miljoen ton. Duitsland is de grootste staalfabrikant van Europa.

Volgens de organisatie is de productie in de loop van dit jaar al met 5 procent afgenomen. Dat komt vooral omdat de uitvoer naar andere eurolanden door de crisis onder druk staat. De capaciteitsbenutting van Duitse staalbedrijven blijft wel overeind. Die ligt op circa 85 procent, tegen een wereldwijd gemiddelde van 80 procent.
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Dragon roars again with an escalation of 2% in steel prices

Monday opened to a thunderous rally in steel prices clocking 2%. Notably basking in the glory of QE3 by US Federal Bank market reacted sharply. As the US Federal Bank went ahead with an aggressive bond buying to the tune of USD 600 billion under the stimulus program it send global financial markets scurrying.

Tenure of the QE3 has been left open ended with the target of 7% unemployment being the only bench marker before it is halted. Since the presidential elections are due in couple of months any tightening is unlikely shortly. The dollar index stood at 78.802, having fallen as far as 78.601 on Friday, a level unseen since late February. It has shed some 6 percent from a two-year high of 84.100 in July.

Chinese steel market had reacted with stability on Friday which blossomed into efflorescence on Monday. US and Europe being major trading partner for China any turbulence in Green Back entails immediate impact on the sentiments of Chinese steel market.

However the core fundamentals remains saddled with over production as the daily crude steel production in1st 10 days of September again increased by 1.2 percent to 1.895 million tonnes from the preceding 10 days.

Speculative flare is unlikely to last unless buying picks up in Q4 and mills rein production. However elastic iron ore prices in flared commodity trading might give traction to cost and finished prices.

Source - Strategic Research Institute
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Siemens installs slag stopper systems on converters at ArcelorMittal Belgium

ArcelorMittal Belgium NV has placed an order with Siemens VAI Metals Technologies for the supply of two Simetal Vaicon stoppers. The slag stopper systems will be installed on two 300 tonnes LD converters at ArcelorMittal's Gent works. Reducing slag carry over to a minimum will improve the chemical composition and thus the quality of the steel. The modernization project is scheduled for completion in the first quarter of 2013.

At the company's Gent works, ArcelorMittal operates LD (BOF) converters, with a tapping weight of 300 tonnes. In order to almost completely prevent slag carry over with the steel towards the end of the tapping procedure, Siemens will equip each of the converters with a Simetal Vaicon slag stopper system.

In this solution, the tap hole is pneumatically sealed with nitrogen gas. This non contact technology ensures reliable operation irrespective of possible tap hole wear. The slag stopper systems ordered by ArcelorMittal Gent can be operated either in manual or automatic mode and will be able to reduce the slag content in the liquid steel to levels lower than 4 kilograms per tonne, which will result in reduced rephosphorization and resulfurization of the steel.

The integrated production plant of ArcelorMittal Gent belongs to the company's Flat Carbon Europe Division. The plant has an annual production of roughly five million tons of flat rolled steel, e.g. for the automotive and the household appliances industries. On the basis of a previous contract, Siemens is currently modernizing the drives in the finishing train of the hot rolling mill in Gent.

Source - Siemens
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