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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,800 18 apr 2024 17:35
  • +0,290 (+1,23%) Dagrange 23,560 - 23,960
  • 2.676.573 Gem. (3M) 2,4M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 811 812 813 814 815 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 22 mei 2018 16:49
    ArcelorMittal Kryvyi Rih resumes production as worker strike ends

    Reuters reported that steel production at ArcelorMittal Kryvyi Rih is returning to normal levels after the conclusion of a strike by workers in its railway division. It said on last Thursday that the protest linked in part to salary demands had disrupted steelmaking and rolling and paralysed the plant’s operations but after a four-day strike, railway workers have resumed their shifts

    ArcelorMittal Kryvyi Rih said in a statement “The business is preparing for a gradual restoration of the full metallurgical cycle.”

    It did not say what overall impact the strike would have on its financial performance or output, which amounted to 6.1 million tonnes of pig iron, 7 million tonnes of steel and 5.5 million tonnes of rolled products in 2016.

    Source : Reuters
  2. forum rang 10 voda 22 mei 2018 16:50
    5 Star lawmaker meets steel unions on Ilva steel plant future

    Reuters reported that a prominent 5-Star Movement lawmaker met unions at Italy’s Ilva steel plant on Monday, saying afterward he had made headway toward a solution for the factory, due to be bought by ArcelorMittal with several thousand job losses, which his party wants eventually to close. Lorenzo Fioramonti, who was 5-Star’s proposed Industry Minister before the March 4 vote which ended in a hung parliament, said on Twitter “We held an informal dialogue with Ilva’s unions to come up with a shared path toward long-term solutions for what has become an economic, environmental and health disaster.”

    Fioramonti confirmed that the prospective coalition government wants to close and reconvert the plant, not this year, but not in 20 or 30 years either.

    The Fim-Cisl union was skeptical about the value of Monday’s talks. Its said “For years we’ve heard talk about alternatives to steel in Taranto. 5-Star had seemed generic and vague and they didn’t give details.”

    Ilva, based in the city of Taranto in Italy’s heel, is Europe’s largest steel plant. It has been dogged by charges of corruption and environmental crime for years - charges that it denies. In 2012, Italian authorities ruled that emissions from the plant had caused deaths, tumors and respiratory diseases. The state took full control in 2015 and about half Ilva’s annual 11 million-tonne capacity was eventually mothballed. ArcelorMittal, the world’s largest steelmaker, won European Union antitrust clearance to acquire Ilva this month, including two smaller sites in northern Italy, after promising to sell a string of businesses across Europe.

    Source : Reuters
  3. forum rang 10 voda 22 mei 2018 16:51
    Tata Steel MD sees opportunities for synergy with Bhushan Steel assets

    PTI reported that Tata Steel sees opportunities for synergy with Bhushan Steel, which it acquired under the corporate insolvency resolution process. Speaking on the successful acquisition of debt-laden Bhushan Steel, Tata Steel CEO and MD T V Narendran said it was the best asset on block. He said that “We see lot of opportunities for synergies because it is a mill and has configuration with which we are very familiar. We know the blast furnace. It has rolling mill with excess capacity. It is close to where we are currently operating. It takes years to build a plant, It took 10 years for Kalinganagar.”

    On a petition filed by Bhushan Steel promoter Neeraj Singal in NCLAT challenging the eligibility of Tata Steel as resolution applicant under Section 29 A of the Insolvency and Bankruptcy Code, he said “Tata Steel has gone through the process. I understand it is difficult to lose an asset which you have created.”

    Source : PTI
  4. forum rang 10 voda 22 mei 2018 16:52
    Alacero calls for help to face the structural changes in the Latin steel industry and its negative effects

    Latin American Steel Association Alacero said that he world steel industry is in a process of structural change unprecedented in its history and Latin American producer companies are being affected. It said “The steel industry is at a crossroads where, on the one hand overcapacity, particularly in China, continues being a risk for the stability of the market and the operation of companies and on the other, the application of protectionist countermeasures (US Section 232, EU and Turkish Safeguards) continues distorting the flows trade and causing a trade deviation that will seriously affect the regional market. To face that high-risk scenario, Alacero calls to Latin American governments to work in a coordinated manner on preventive measures to avoid the region being affected and help to ensure that a level playing field and fair trade in the region’s market are maintained.”

    The Problems of the Steel Industry:

    The structure of the industry is being modified by a growing state capitalism, while Latin American companies operate under market conditions and without financial support from the governments.

    The existing overcapacity of steel, estimated by the OECD at 600 million tons, where China leads this excess, still has no solution and the problem is aggravated by announcements of new capacities to be installed.

    The main economies of the world are implementing measures to counteract the negative effects caused by the existing excess capacity.

    Among the main problems stand out unfair trade in steel (dumping and subsidies)

    However, the application of the trade defense instruments of the World Trade Organization (WTO) has not been sufficient.

    Faced with the limitations of these instruments, it begins to apply barriers that distort global steel trade (US Section 232, EU and Turkish Safeguards).

    These barriers will undoubtedly produce, what we call a trade deviation that will further affect the Latin American steel market.

    China and its state-owned enterprise continue to operate under non-market conditions.

    Regarding the Global Forum Overcapacity, Alacero requests:

    Implement the Hangzhou 2016 mandate that recognized the structural problem and its negative impact on workers and trade, as well as the need for a collective solution.

    Implemented effectively and immediately the strategy of the 6 principles agreed at the Ministerial Meeting in November 2017.

    The governments of the G20 ratify their political commitment to solve the crisis of the steel industry in the next Meeting of Leaders 2018 to be held in Argentina.

    Alacero requests the governments of Latin America:

    A coordinated action between governments and industry to address the problems faced by the global and regional steel industry.

    The joint defense in international forums where industry issues are discussed.
    In the short term, the application in real time of a customs monitoring system of imports and exports to avoid trade diversion.

    Strengthen the application of WTO trade defense instruments.
    Apply agile and efficient response mechanisms to the negative effects of excess production capacity.

    Develop a permanent monitoring system of the industry situation in the main countries and economic blocks.

    Source : Strategic Research Institute
  5. forum rang 10 voda 22 mei 2018 16:53
    Trump Trade War - Strong global demand mutes impact - Nippon Steel & Sumitomo Metal

    Reuters reported that strong global demand has helped cushion the impact on Nippon Steel & Sumitomo Metal Corp of new US import duties, but Japan’s top steelmaker remains worried Washington’s trade barriers could lead to a glut in Asia, its much bigger market. Nippon Steel Executive Vice President Katsuhiro Miyamoto told Reuters in an interview that “There has been no major impact from the U.S. tariffs thanks to solid global demand.”

    Mr Miyamoto said that Nippon Steel, whose US bound steel cargoes account for 4 percent of its total exports, saw more than 90% of its customers continuing to buy its products even after the tariffs were imposed because they are specialized products such as rails and seamless pipes.

    He added that its US subsidiaries which have a combined production capacity of 7.1 million tonnes are benefiting from stronger local prices.

    He said that “But we are closely watching where the products that were shut out from the United States are going as they could hurt Asian market if they come to this area.”

    Mr Miyamoto said that “Japan’s demand in construction and automobiles is solid. In China, consumer spending is also strong and there are lots of infrastructure projects such as subways and apartments near the stations.”

    Given a healthy demand outlook and its increased spending to upgrade ageing facilities, Nippon Steel plans to boost its crude steel output, on parent basis, to more than 42.6 million tonnes in the current year to March 2019, from 40.67 million tonnes a year ago.

    Mr Miyamoto said that the company also aims to improve margins by hiking product prices to help absorb rising costs of auxiliary materials such as manganese and zinc and distribution expenses.

    Source : Reuters
  6. forum rang 10 voda 22 mei 2018 16:54
    South Korea launches anti dumping probe into Taiwan stainless steel firms

    Focus Taiwan reported that Korea Trade Commission has launched an investigation into exporters of certain steel products from Taiwan and Italy to determine whether they have sold their products in Korea at unfairly low prices. Taiwan's Ministry of Economic Affairs said that the KTC's investigation of stainless steel bar exporters from Taiwan and Italy that opened on May 18 will look for dumping practices during the period of July 1, 2016 to June 30, 2017.

    The MOEA said that the determination will be made based on pricing data and South Korean firms' operations from January 1, 2014 through December 31, 2017 and decide whether Korean companies have suffered material injury from the alleged unfair trade practices.

    It did not disclose which Taiwanese companies have been named by the KTC as mandatory respondents.

    The MOEA said stainless steel bars are used in a wide range of products, such as sophisticated precision equipment, auto parts, machinery, aircraft components, medical equipment and building materials.

    Citing data compiled by the Global Trade Atlas, the MOEA said Taiwan sold USD 25.95 million worth of stainless steel bars to South Korea in 2017, which accounted for a 17.97 percent share of Seoul's total imports.

    Taiwan was the second largest stainless steel supplier to South Korea, trailing only Japan, which took a 24.32 share of the Korean import market with sales of USD 35.12 million, the data showed.

    But Taiwan's sales outpaced those of India, Italy and Germany, which had 17.48 percent, 14.72 percent, and 8.83% shares, respectively, according to the figures.

    The MOEA said that if South Korea finds that Taiwanese suppliers were involved in dumping stainless steel bars, they will face punitive tariffs, which would affect their sales and market share in the South Korean market.

    The MOEA said it has informed related industrial associations of the investigation launched by the KTC, and urged Taiwanese firms to respond to the commission's questions during its investigation without delay to make their case.

    Source : Focus Taiwan
  7. forum rang 10 voda 22 mei 2018 16:56
    Iranian steel trade dynamics changing on sanctions - Report

    Financial Times reported that Iranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would have a negative effect on the country’s steel exports and consequently on output. An Iranian producing source told Metal Bulletin that “If Iran has to cut its steel export volumes [because it is] unable to finance deals, it will have to reduce steel output because the domestic market will not be able to consume it, despite recent demand improvements.”

    European banks foresaw such a situation and some of them, such as Austria’s Oberbank, froze operations a couple of months ago, according to a source involved in trading Iranian steel products.

    Between 2015 and 2016, Iran’s exports increased by 53% to 5.6 million tonnes. In 2017, Iran’s steel exports increased by 32% year-on-year to 7.4 million tonnes, according to information provided by the US Department of Commerce. Semi-finished products accounted for the largest share of Iran’s steel exports in 2017, at 80% or 5.9 million tonnes. Long steel products made up 10% (748,000 tonnes), followed by flat steel products at 8.5% (627,000 tonnes), pipe and tube at 1.5% (113,000 tons) and stainless steel at 0.013% (1,000 tonnes).

    Concerns started to spread in the global steel markets this week that trade with Iran is at risk since US President Donald Trump announced on May 8 that his country will withdraw from the nuclear deal with the Middle Eastern state.

    Source : Financial Tribune
  8. forum rang 10 voda 22 mei 2018 18:38
    Trump Trade War - Ankara continues negotiations

    DAILY SABAH WITH ANADOLU AGENCY reported that Turkey Deputy Economy Minister Fatih Metin, who attended the 2018 Trans-Caspian Forum organized by the Caspian Policy Center in Washington, elaborated on additional taxes the US government imposed on imported steel and aluminum. The minister highlighted that Turkey is continuing to negotiate the issue with the U.S. government.

    Stressing that the US' decision does not fit its position in the world economy, Mr Metin said it is very contradictory that a country that is supposed to be the pioneer of free trade is acting with a protectionist policy. He said that "Unless there is a change in Turkey's favor, we will make our application to the World Trade Organization and inform them that we will take our countermeasures. At this point we are expecting the latest assessments of the US.”

    He stated that in bilateral relations there is already a foreign trade profile in favor of the US and noted that while Turkey's free trade-related steps are obvious, the fact that they are closing themselves with such a protectionist approach is not an acceptable situation.

    Mr Metin recalled that the ministry did a study covering 18 products, and in those products, they also worked on the basis of reciprocity against the goods from the US. He added that "In the coming days we will see the developments in this regard. However, our wish is that free trade should be as liberal as possible, underlining that Turkey is a bridge and the center of transit trade between the East and West.”

    Source : DAILY SABAH WITH ANADOLU AGENCY
  9. forum rang 10 voda 22 mei 2018 18:40
    GMS Market Commentary on Shipbreaking in Week 21 - DWINDLING DEMAND!
    Steel News - Published on Tue, 22 May 2018
    Image Source: steelguru.com
    After a bumper week of sales, things certainly slowed a touch this week with just the one VLCC sale to report, as the number of VLs already committed through 2018 steadily creeps towards 30. With Bangladesh and Pakistan both entering the Holy month of Ramadan, the upcoming week of Posidonia in Greece, and summer / holiday months approaching, we anticipate a slowdown in supply and overall activity as Ship Owners, Cash Buyers, end Buyers and Brokers become engaged elsewhere. This should give the markets (Bangladesh and Pakistan in particular) a chance to digest the plethora of large LDT tonnage beached during the first half of this year.

    Chittagong reached a saturation point last month as rates plummeted down towards the low USD 400s/LDT. As such, Chittagong Recyclers have been inert and uninterested in new tonnage ever since.

    Pakistan too is swiftly starting to fill up with only a handful of less aggressive Buyers who are open to negotiate tonnage, albeit at much lower levels. Unfortunately for those Cash Buyers who still have a number of unsold large LDT tankers / VLCCs in in their respective inventories, they are now in the unfortunate position of chasing down levels and taking expectedly large hits on their units.

    Presently, asking prices for a majority of the unsold VLCCs remain too high for most end users tastes, with some of the decisions by various Cash Buyers to purchase in the mid USD 400s/LDT during the recent peak of the market, now coming back to haunt those concerned.

    Source : Strategic Research Institute
  10. forum rang 10 voda 22 mei 2018 18:41
    Iranian steel trade dynamics changing on sanctions - Report

    Financial Times reported that Iranian steelmakers and customers in major outlet regions such as the Middle East, North Africa and Asia have started to voice concerns that the US decision to quit the nuclear agreement would have a negative effect on the country’s steel exports and consequently on output. An Iranian producing source told Metal Bulletin that “If Iran has to cut its steel export volumes [because it is] unable to finance deals, it will have to reduce steel output because the domestic market will not be able to consume it, despite recent demand improvements.”

    European banks foresaw such a situation and some of them, such as Austria’s Oberbank, froze operations a couple of months ago, according to a source involved in trading Iranian steel products.

    Between 2015 and 2016, Iran’s exports increased by 53% to 5.6 million tonnes. In 2017, Iran’s steel exports increased by 32% year-on-year to 7.4 million tonnes, according to information provided by the US Department of Commerce. Semi-finished products accounted for the largest share of Iran’s steel exports in 2017, at 80% or 5.9 million tonnes. Long steel products made up 10% (748,000 tonnes), followed by flat steel products at 8.5% (627,000 tonnes), pipe and tube at 1.5% (113,000 tons) and stainless steel at 0.013% (1,000 tonnes).

    Concerns started to spread in the global steel markets this week that trade with Iran is at risk since US President Donald Trump announced on May 8 that his country will withdraw from the nuclear deal with the Middle Eastern state.

    Source : Financial Tribune
  11. forum rang 10 voda 24 mei 2018 20:41
    Elliott ziet mogelijkheden bij ThyssenKrupp

    Gepubliceerd op 24 mei 2018 om 09:02 | Views: 687

    ArcelorMittal 17:38
    28,56 -0,14 (-0,47%)

    THYSSENKRUPP AG O.N. 23 mei
    23,03 -0,42 (-1,79%)

    LONDEN (AFN) - Elliot Advisors ziet duidelijk ruimte voor operationele verbeteringen bij staal- en industrieconcern ThyssenKrupp. Dat meldde de activistische investeerder in een verklaring, waarin het bevestigde een ,,significant" belang in de Duitse onderneming te hebben genomen. Exacte percentages en bedragen werden niet genoemd.

    Berichten over de investering door Elliott zorgden woensdag voor een koerswinst van bijna 10 procent voor het aandeel ThyssenKrupp. Volgens Elliott is het bedrijf de afgelopen tijd uitvoerig geanalyseerd. Daaruit kwam naar voren dat er duidelijk ruimte is voor verbeteringen waarvan niet alleen aandeelhouders, maar alle betrokkenen van kunnen profiteren.

    Volgens de berichten van woensdag zou Elliott onder meer af willen van topman Heinrich Hiesinger, die niet in staat zou zijn om een ommekeer te bewerkstelligen. Volgens de officiële lezing wil de investeerder constructief overleg voeren met de top en de commissarissen van het bedrijf.
  12. forum rang 10 voda 24 mei 2018 21:05
    Trump Trade War - India initiates WTO dispute complaint against US

    India has requested WTO dispute consultations with the United States regarding US duties on certain imported steel and aluminium products. The request was circulated to WTO members on 23 May. India claims the US duties of 25% and 10% on imports of steel and aluminium products respectively are inconsistent with provisions of the WTO's General Agreement on Tariffs and Trade (GATT) 1994 and of the Agreement on Safeguards.

    The request for consultations formally initiates a dispute in the WTO. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation. After 60 days, if consultations have failed to resolve the dispute, the complainant may request adjudication by a panel.

    Source : Strategic Research Institute
  13. forum rang 10 voda 24 mei 2018 21:06
    Trump Trade War - EU doubts if it’s offer can prevent Trump tariffs

    Reuters reported that European Union proposals to open its markets wider to US products, including cars, appear not to have persuaded Washington to lift the threat of import tariffs on EU steel and aluminium. EU leaders last week agreed on four areas the bloc was willing to discuss, including easier access for industrial products, but only if the exemption is made permanent. EU Trade Commissioner Cecilia Malmstrom spoke with US Commerce Secretary Mr Wilbur Ross after the proposals were made public, but said Washington did not seem satisfied. She said that “I think they don’t think it is enough. Even if European producers escaped tariffs, they were unlikely to have unrestricted access to US markets.There have been signals from the US that the exemptions will not be prolonged, so either they will be imposed on us on June 1 or there will be other sorts of limiting measures.”

    Ms Malmstrom said she could not imagine the EU accepting quotas unless they were at levels of exports in recent years.

    Source : Reuters
  14. forum rang 10 voda 24 mei 2018 21:07
    mjunction conducts online auction for Tata Steel UAE

    Economic Times reported that mjunction services limited, a 50:50 JV between Steel Authority of India and Tata Steel |and one of the country's largest B2B e-commerce companies, has conducted its first ever international online auction for Tata Steel UAE, for whom it was a maiden experience of selling steel online.

    The initiative marked departure from the traditional practice under which the price discovery for Steel has been done Offline. However the price discovered online was 36% higher than the last selling price obtained through the offline process.

    To ensure that the buyers had a seamless and glitch free experience, a customised auction strategy was designed by the mjunction team after taking feedback from buyers in the region. Six buyers from the Middle East region placed bids for buying the material.

    Source : Economic Times
  15. forum rang 10 voda 24 mei 2018 21:07
    SAIL ArcelorMittal auto grade steel JV may come up in Odisha - Report

    Business Standard reported that Odisha is being considered as one of the potential locations for an automotive grade steel plant proposed jointly by ArcelorMittal and Steel Authority of India Ltd (SAIL). As per BS report, SAIL has written to Odisha industries secretary Sanjeev Chopra, evincing interest to locate the auto grade steel facility in the state.

    The report said that Mr G Vishwakarma, director (projects & business planning) SAIL wrote to Mr Chopra "The decision of site selection for the proposed unit would be taken based on the advice of relevant experts, and after conducting due diligence taking into account the location, availability of manufacturing inputs, infrastructure and facilities as well as incentives and benefits made available by the respective state government. We appreciate your proposition and would keep Odisha as a prospective site to be considered for the proposed unit.”

    Both the joint venture (JV) partners have been scouting for a suitable location for the project. ArcelorMittal and SAIL entered into memorandum of understanding (MoU) in May 2015 to explore the possibility of setting up an auto grade steel manufacturing facility. The size of the deal is estimate at Rs 150 billion. Initial capacity of this plant is envisaged at 1.5 million tonne per annum (mtpa) but it can be expanded to 2.5 mtpa.

    Source : Business Standard
  16. forum rang 10 voda 24 mei 2018 21:09
    Tata Steel keen to invest in Odisha steel downstream park

    Business Standard reported that aiming to tap downstream industries in crude and stainless steel, Odisha plans to set aside 300-400 acres land at Kalinganagar, home to a cluster of steel units, for a dedicated downstream park. Ancillary and downstream industries in metals such as steel and aluminium, is listed as one of the six focus sectors by the state government in its Industrial Policy Resolution, 2015. Despite accounting for around 20% of the country’s crude steel output and leading others in stainless steel production, there is scarcely any downstream steel activity in the state. Although Odisha produces nearly 22 million tonnes of steel each year, hardly 10 per cent is consumed within the state due to lack of demand.

    Commenting on the downstream steel park, Mr Sanjeev Chopra, principal secretary (industries), Odisha said that “The state government is going to engage a consultant shortly for deciding the modalities of the park. Our aim is convert at least 50 per cent of the hot metal into finished, value added steel products by 2030."

    He refused to spell out the details on the downstream park, citing the proposal was still at a preliminary stage.

    Sources close to the development said, a few Tata Group companies such as Tinplate Company of India Ltd and Jamipol and others like BMW Industries have shown interest to put up facilities at the downstream park. The state government is also learnt to initiate discussions with a few more steel downstream players.

    Source : Business Standard
  17. forum rang 10 voda 24 mei 2018 21:16
    Trump Trade War - Texas oil producers fight steel tariffs and quotas

    Associated Press reported that Texas oil and gas companies are pushing back against President Donald Trump's pending steel tariffs, arguing they would cause job losses and the bankruptcies of some businesses. The Texas Alliance of Energy Producers, which represents 2,600 smaller oil and gas companies, submitted its comments to the US Commerce Department, asking for the elimination of import quotas and exemptions for countries that provide a lot of steel piping to the energy sector. Those requested exemptions include the European Union, Canada, Mexico, South Korea, Argentina, Brazil and Japan. However, China is not part of that request. Trump this week said he's putting the steel tariffs on hold as trade negotiations with China continue.

    If more sweeping steel tariffs are imposed, the Texas Alliance of Energy Producers said it is greatly concerned about the inevitable cost spikes and steel shortages. Steel can account for up to 20 percent of a producer's bottom line because so much piping goes into each well to extract the oil and gas.

    Unswayed by Republican warnings of a trade war, President Donald Trump ordered steep new tariffs on steel and aluminum imports to the US on Thursday, vowing to fight back against an 'assault on our country' by foreign competitors.

    South Korea already has agreed to limit its steel exports through quotas in order to avoid greater tariffs. That could prove even more harmful, according to the alliance. The quotas would trigger shortages when there's simply not enough domestic manufacturing to supply all the steel piping that goes into oil and gas wells.

    Tintera added that "The imposition of quotas will very likely raise the cost of oilfield steel products to American domestic producers to a much greater extent than tariffs.”

    Source : Associated Press
  18. forum rang 10 voda 24 mei 2018 21:17
    Salzgitter Group launches e-AUCTION trading platform

    Salzgitter Mannesmann Stahlhandel is now presenting a global innovation – e-AUCTION, a digital trading platform. The Salzgitter Group’s steel products can be bought at auction here with immediate effect. Düsseldorf-based Salzgitter Mannesmann Stahlhandel GmbH is the first steel trader to sell its products in an open bidding procedure that allows the highest current bid to be tracked.

    In future, however, it is not only the products of the stock holding steel trade that can be sold via auction – true to the steel trade’s motto: everything is possible. Based on Younited, the e-AUCTION will be extended step by step in order to greatly simplify the procurement procedure for customers through innovative services, while optimizing processes and enhancing efficiency.

    e-WORLD consists of various components that are customized to meet the respective requirements and size of the customers’ companies. Digital options range from online procurement with access to all the warehouses of the stock holding steel trade right through to just-in-time networks with automotive suppliers’ logistic chains.

    Source : Strategic Research Institute
  19. forum rang 10 voda 24 mei 2018 21:18
    Study shows robust economic impact of American steel industry - AISI

    A just-released study shows that the American iron and steel industry supports nearly two million jobs and contributes more than $520 billion to the economy, when considering the direct, indirect (supplier) and related impacts. The study, conducted by the prominent research firm of John Dunham & Associates (JDA) and commissioned by the American Iron and Steel Institute (AISI), also shows that the iron and steel industry generated an estimated $56 billion in federal, state and local taxes and those industry-supported workers earned more than $130 billion in wages and benefits.

    Thomas J Gibson, president and CEO of AISI, said “The American iron and steel industry is a dynamic part of the U.S. economy. This comprehensive analysis provides detailed geographic breakdowns, including at the congressional district level, and is the most accurate snapshot of the full breadth of the economic impact of today’s American iron and steel industry. The results illustrate why strong, pro-manufacturing policies are needed to ensure the sustainability of an industry with such an impactful employment base and robust economic footprint.”

    Gibson said that the new study more accurately represents the breadth of the American iron and steel industry by including facilities active in iron ore mining, coke production, ferrous scrap processing, steel mill services, ferrous metal foundry production, steel processing and distribution, and other steel product manufacturing, in addition to iron and steel mills, as was the case in previous studies released more than five years ago. He added that AISI is launching an interactive tool on its website to share detailed data.

    Highlights and breakdown of additional steel industry economic contributions include:

    387,000 direct iron and steel industry jobs (iron and steelmaking, steel mill and other steel products, processing, ferrous metals foundries, distribution, materials and mill services)
    716,000 supplier jobs
    878,000 induced (re-spending) jobs
    $207 billion in economic output directly from iron and steel production
    $173 billion in economic output from suppliers to the iron and steel industry
    $56 billion generated in federal, state and local taxes

    JDA conducted this research using econometric models first developed by the US Forest Service, and now maintained by the IMPLAN Group. Data is drawn from Infogroup, a leading provider of business and consumer data, as well as from industry sources and government publications.

    Source : Strategic Research Institute
  20. forum rang 10 voda 24 mei 2018 21:37
    SSAB SmartSteel 1.0 - The first step toward an internet of materials

    With SmartSteel 1.0, SSAB is one step closer to the vision of having all data available in the cloud ? an internet of materials where customers can follow the steel all the way from the mill to the end product. The first version of the SSAB SmartSteel service enables customers to scan products and access material information through the new SmartSteel app.

    SmartSteel gives steel a digital identity, making the data and instructions relating to any steel item available, regardless of where the item is used. With the SmartSteel app, customers can identify products, examine material properties, download material certificates and initiate claims. Each link in the production chain can then utilize and add to this data. The product is marked at the mill and the data is uploaded to a cloud service. Sheet bundles are scanned with bar codes and steel plates are scanned through the plate number. The customer uses the SmartSteel app to identify the product and obtain the right data.

    Traceability and documentation automation are the most obvious customer benefits of SmartSteel. However, getting rid of folders and pdf attachments is a good start, but the true value lies in the collaboration networks.

    The whole idea of SmartSteel is continuous development. In the longer term, SmartSteel will be part of a platform where different actors can share data and solve problems together. The transformation is similar to the spread of factory automation in past decades. The difference now is that what is taking place is across business boundaries, often digitally. ”In the future, steel will be able to communicate its properties and processing instructions to the machine that processes it”, says Niko Korte, Head of SSAB Digital Business Development. “The machine will then adjust itself automatically. The result is less waste and shorter production time.”

    Other actors will be able to join in producing extra services for Supply Chain management or the reuse of products, for example. Wide-scale reuse and recycling of structures, components and materials also call for new ways of material identification, marking and data management.

    This is SmartSteel 1.0
    Functionalities: Mobile app to identify products, download material certificates and initiate claims.
    Bar codes are used to identify sheet bundles, coils and slit strips. Heavy plates are identified by scanning the plate marking.
    The service is initially available for of SSAB Special Steels and SSAB Europe products.

    Source : Strategic Research Institute
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ArcelorMittal Nieuws

  1. 16 apr Deutsche Bank haalt ArcelorMittal van de kooplijst 1
  2. 12 apr Video: cyclische aandelen bieden kansen
  3. 09 apr World Steel Organisation ziet vraag naar staal weer groeien
  4. 22 mrt Mondiale staalproductie in de lift
  5. 12 mrt ArcelorMittal neemt groot belang in Vallourec
  6. 05 mrt Beursblik: experts vinden koerswinst Besi wel mooi geweest
  7. 23 feb Mondiale staalproductie daalt opnieuw
  8. 08 feb ING: ArcelorMittal doet het beter dan verwacht
  9. 08 feb Fors verlies voor ArcelorMittal
  10. 06 feb Beursblik: winstgevendheid ArcelorMittal onder druk

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