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Aandeel Aperam AEX:APAM.NL, LU0569974404

  • 27,280 17 apr 2024 17:35
  • +0,160 (+0,59%) Dagrange 27,040 - 27,900
  • 188.690 Gem. (3M) 190K

Diverse nieuws items

1.623 Posts
Pagina: «« 1 ... 63 64 65 66 67 ... 82 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 18 januari 2019 19:49
    Global Ferronickel holds ore shipments to China steady

    Philippines nickel ore miner, Global Ferronickel Holdings Inc, said that it aims to ship 5.7 million wet metric tonnes to China this year, in line with 2018, as China’s cooling economy slows expected demand. Global Ferronickel also said it has signed a contract to sell 1 million wmt of ore to Baosteel, a unit of top steel manufacturer China Baowu Steel Group. It is also looking to sell ore to China’s Guangdong Century Tsingshan Nickel Industry Co.

    Global Ferronickel President Dante Bravo said “The deal with Baosteel, which has been a customer of the Philippines’ second-largest nickel ore producer since 2014, is the biggest so far between the two companies. The effect of the cooling Chinese economy basically brought down the expected demand and ore prices. But overall, we are still profitable. We will be signing new supply agreements with our buyers after the Chinese new year.”

    As nickel prices fell last year, Global Ferronickel opted to ship higher-grade ores to maximize profitability. Last year’s shipment volume of 5.709 million WMT was also 3.8% higher than its 5.5 million WMT target, thanks to favorable weather conditions and more efficient operations, it said.

    The miner is looking to further boost sales of medium and high-grade ores this year to 60% of total sales, with low-grade ores accounting for 40%. Medium- and high-grade made up 53% of the sales mix last year and just 39% in 2017.

    The Philippines is the world’s second-biggest supplier of nickel ore, used to make stainless steel, after Indonesia.

    Source : Reuters
  2. forum rang 10 voda 18 januari 2019 19:52
    Nickel hits 10 week high as spreads point to tighter market

    Reuters reported that nickel touched a 10 week high on Wednesday as falling stockpiles and a tightening of time spreads suggested an undersupplied market. Benchmark nickel on the London Metal Exchange closed down 0.4 percent at USD 11,630 a tonne after reaching USD 11,770, its highest level since November 8. Stockpiles in exchange warehouses are near multi-year lows and the price of cash nickel surged this week compared with contracts for later delivery, suggesting a shortage of nearby material. But Citibank analyst Oliver Nugent said the tighter spreads were likely due to temporary factors related to the expiry of an LME monthly nickel futures contract on Wednesday. He said that "This is probably more a feature of a technical imbalance of longs and shorts around a key expiry than it is a reflection of a tightening in nickel's fundamentals.”

    The nickel market will likely be fairly balanced in 2019 after a small deficit of 40,000 tonnes in 2018, he added, predicting prices around USD 11,500 at the end of this year. Nickel stocks in LME-registered warehouses at around 200,000 tonnes are down from more than 360,000 tonnes at the start of 2018 and at their lowest level since mid-2013.

    Source : Reuters
  3. forum rang 10 voda 21 januari 2019 21:08
    Nickel prices to be number one commodity in 2019 – Macquarie Bank

    Stockhead reported that at just under USD 11,600 per tonne, the cash price of nickel is currently just off 10-week highs as stockpiles fall to fresh lows. It represents a mini reversal of fortunes, and pares some of the losses suffered over the second half of 2018. Macquarie Bank has already forecast nickel will be the number one commodity in the next 12 months, and number two (behind uranium) over the next 5 years.

    After hitting USD 15,600 per tonne in mid-2018 a three year high a number of huge Indonesian nickel smelter projects were announced, stoking oversupply fears and pushing down prices. There is a widespread perception that all this declared nickel tonnage could come to market equally quickly, and as early as the second half of 2019, but Wood Mackenzie disagrees.

    It said that “Our view is that the timelines will be longer than implied so that the amount of nickel coming to the market will be smaller, slower and more costly than so far alluded to. This should be reassuring to the market. In fact, a consequent absence of commissioning news in the second half of 2019 should support higher prices.”

    And despite these oversupply fears, it looks like more nickel is begin consumed than produced right now.

    Source : Stockhead
  4. forum rang 10 voda 21 januari 2019 21:09
    Hyundai, Kia issue new U.S. recall of 168,000 vehicles for fire risks

    Reuters reported that Hyundai Motor Co and affiliate Kia Motors Corp will recall about 168,000 US vehicles at risk of fuel leaks, after recalling them in 2017 for engine fire risks, and will offer software upgrades for 3.7 million vehicles. A high-pressure fuel pipe may have been damaged or improperly installed as part of an engine replacement during the prior recall, and that installation could increase the risk of fire, the Hyundai, Kia issue new U.S. recall of 168,000 vehicles for fire risks companies said.

    The Korean automakers said the software update aims to protect the vehicles from internal damage, and they will also offer new extended warranties for engine issues. The "knock sensor" software detects vibrations indicating the onset of excessive wear on the connecting rod bearing.

    Kia said that 20 percent of the vehicles involved have already received the update.

    The new recall covers 68,000 various Kia Optima, Sorento and Sportage vehicles from the 2011 through 2014 model years, while Hyundai said it affects 100,000 2011-2014 Hyundai Sonata and 2013-2014 Hyundai Santa Fe Sport vehicles.

    Kia said six fires are linked to the new recall but no reports of injuries, while Hyundai said it had no reports of fires linked to the new recall.

    Source : Reuters
  5. forum rang 10 voda 25 januari 2019 17:04
    Universal Stainless announced Q4 result

    Universal Stainless & Alloy Products Inc reported that net sales for the fourth quarter of 2018 were USD 57.1 million, an increase of 13.5% from USD 50.3 million in the fourth quarter of 2017, although below 2018 third quarter revenues of USD 69.1 million. All end markets contributed to the year-over-year growth, with the exception of power generation and general industrial. Aerospace remained the Company's largest end market, at 61.5% of total Company sales. Fourth quarter 2018 aerospace sales totaled USD 35.1 million, up 23.7% from the fourth quarter of 2017.

    Sales of premium alloys in the fourth quarter of 2018 totaled USD 8.1 million, or 14.2% of sales, compared with USD 7.3 million, or 14.6% of sales, in the fourth quarter of 2017, and USD 9.2 million, or 13.3% of sales, in the third quarter of 2018.

    Full year 2018 sales increased 26.3% to a record USD 255.9 million from USD 202.6 million in 2017. Sales of premium alloys were also at a record level for full year 2018 increasing 50.7% to USD 41.1 million, or 16.1% of sales. 2017 premium alloy sales were USD 27.3 million or 13.5% of sales.

    The Company's gross margin for the fourth quarter was 11.3% of sales, compared with 12.3% of sales in the fourth quarter of 2017, and 15.1% of sales in the third quarter of 2018. Margins were negatively impacted by continued cost increases in supply items, especially electrodes, coupled with misalignment of customer surcharges. In addition, lower productivity associated with labor contract negotiations, unplanned Bridgeville melt shop maintenance issues, as well as physical inventory adjustments further reduced fourth quarter gross margin.

    Selling, general and administrative expenses were USD 5.6 million, or 9.7% of sales, for the fourth quarter of 2018, compared with USD 5.1 million, or 10.2% of sales, in the fourth quarter of 2017, and USD 5.1 million, or 7.4% of sales, for the third quarter of 2018.

    Net income for the fourth quarter of 2018 totaled USD 0.6 million, or USD 0.07 per diluted share, (which includes an additional 1.4 million weighted average shares outstanding due to the second quarter 2018 equity issuance), compared with net income of USD 7.9 million, or USD 1.06 per diluted share, in the fourth quarter of 2017, which included a net tax benefit of USD 1.06 per diluted share primarily attributable to the new federal tax legislation. Before the tax benefit, net income in the fourth quarter of 2017 was breakeven. Net income in the 2018 third quarter totaled USD 3.9 million, or USD 0.44 per diluted share.

    For full year 2018, net income increased 40.1% to USD 10.7 million, or USD 1.28 per diluted share, (which included an additional 0.8 million weighted average shares outstanding due to the second quarter equity issuance), versus net income of USD 7.6 million, or USD 1.03 per diluted share, in 2017, which included the tax benefit.

    The Company’s EBITDA for the fourth quarter of 2018 was USD 5.4 million, compared with USD 5.8 million in the fourth quarter of 2017, and USD 10.1 million in the third quarter of 2018. Full year 2018 EBITDA increased 55.6% to USD 35.6 million from USD 22.9 million in 2017.

    Managed working capital at December 31, 2018 totaled USD 123.0 million compared with USD 136.9 million at September 30, 2018.

    Backlog (before surcharges) at December 31, 2018 was a record USD 126.2 million, an increase of 13.3% from September 30, 2018, and 62.5% higher than at the end of the 2017 fourth quarter.

    Fourth quarter operating cash flow improved from the prior quarter and resulted in a debt reduction of USD 15.8 million in the quarter. The Company’s total debt at December 31, 2018 declined to USD 46.7 million, compared with USD 62.5 million at the end of the third quarter of 2018 and USD 79.7 million at the end of the fourth quarter of 2017.

    Capital expenditures for the fourth quarter of 2018 totaled USD 2.2 million compared to USD 6.6 million for the third quarter of 2018 and USD 3.3 million in the fourth quarter of 2017. Fourth quarter capital expenditures were driven by the Company’s mid-size bar cell project at its Dunkirk, NY facility, which began the commissioning process late in the fourth quarter. Benefits related to this project are expected to include both cost and inventory reductions, as well as quality and cycle time improvements.

    The Company’s tax rate for the twelve months ended December 31, 2018 was 15.4%. The Company’s effective tax rate is less than the federal statutory rate of 21.0%, primarily due to the favorable impact of federal research and development tax credits.

    Mr Dennis Oates Chairman, President and CEO commented that “After a strong three quarters, the 2018 fourth quarter proved to be more difficult than anticipated. Even so, 2018 was a profitable year highlighted by record levels of both premium alloy and total sales. We exited the year with a strong balance sheet and significantly improved liquidity, and enter 2019 with a record backlog and healthy order entry across most of our end markets, especially aerospace. The mid-size bar cell in our Dunkirk, NY facility is on schedule to become fully operational in the 2019 first quarter. We are encouraged by the cycle time and quality improvements that the bar cell is expected to provide.”

    Source : Strategic Research Institute
  6. forum rang 10 voda 25 januari 2019 17:04
    Jindal Stainless plans to consolidate group units - Report

    Economic Times reported that Jindal Stainless group is looking to consolidate its group units Jindal Stainless, its Odisha unit, and Jindal Stainless (Hisar) a move that is expected to unlock value for shareholders and create synergies. The initiation of the consolidation move is expected to take place once the group’s 1.8 million tonne Odisha plant gets out of the last leg of the corporate debt restructuring by March, and is given a clean chit by the State Bank of India, the lead lender in the consortium of banks that have lent to the company. Mr Abhyuday Jindal, MD of Jindal Stainless, told ET that “There are no immediate plans but we would like to look at it in the future as it will create a more stable company and there will be tremendous value that will be created for the shareholders.”

    The re-merging of the group companies will form the third step in creating a more valuable company after it split Jindal Stainless (Hisar), the parent company, into JSHL and Jindal Stainless, under an asset monetisation plan (AMP) in 2014 to protect Hisar, the “stronger" unit on a standalone basis, from group’s consolidated liabilities.

    The AMP supported the company in achieving a turnaround in profits. It will be followed, Jindal said, by the company “hopefully” coming out of the debt restructuring, and then eventually re-merging the two units.

    Source : Economic Times
  7. forum rang 10 voda 28 januari 2019 20:46
    Nickel market records deficit in January to November 2018 - WBMS

    The Nickel market was in deficit during January to November 2018 with apparent demand exceeding production by 6.5 kt. In the whole of 2017 the calculated deficit was 41.3 kt. Reported stocks held in the LME at the end of November 2018 were 154 kt lower than at the end of the previous year. Refined production in January to November 2018 totalled 2079 kt and demand was 2085 kt.

    Mine production during January to November was 2169 kt, 289 kt above the comparable 2017 total. Chinese trade data has just become available following a six-month delay for technical reasons. Chinese smelter/refinery output increased by 136 kt compared with 2017 and apparent demand was 127 kt higher than in the previous year.

    World apparent demand was 168 kt higher than the previous year. No allowance is made in the consumption calculation for unreported stock changes

    In November 2018, nickel smelter/refinery production was 212.4 kt and consumption was 201.5 kt.

    Source : Strategic Research Institute
  8. forum rang 10 voda 30 januari 2019 19:46
    Nickel prices must rise to meet battery demand - AABC

    Higher nickel prices are required to incentivise supply of nickel sulphate for electric vehicle batteries, particularly given lower cobalt prices, delegates heard today at the Advanced Automotive Battery Conference in Strasbourg, France. Mr Denis Sharypin, head of market research at Russian producer Norilsk Nickel said that supply of nickel increased by 7pct last year to about 2.19 million tonne, but demand increased by 8pct to 2.33 million tonne, increasing the deficit to 147,000 tonne, from 131,000 tonne in 2017.

    The battery sector accounted for 124,000 tonne of consumption last year, and while overall nickel demand is expected to increase at a compound annual growth rate of 5pct to 2025, demand from the battery sector is estimated to climb at a CAGR of 18pct over the same period.

    But there are concerns about the availability of class 1 nickel, which is required for the production of nickel sulphate used in battery chemicals. Around 70pc of nickel output is used in stainless steel production, which is still growing. And around 60pc of nickel is produced from laterite rather than sulphide ores.

    Mr Sharypin said that the nickel market will remain in deficit in the coming years, and Indonesia is likely to reinstate a full ban on exports of nickel ore from 2022, further reducing supply.

    Ms Anne Oxley, technical director at project developer Brazilian Nickel said that "For the nickel industry to supply the demand that's definitely coming, the nickel price needs to be much higher. Major miners are not looking to expand nickel production. The nickel is there in the ground but the question is whether it will come out in time."

    There have been large spikes in nickel prices in the past. The market reached USD 50,000 per tonne in 2007, but has since fallen to USD 10,000 per tonne, which has reduced investment interest in new projects. Cobalt is typically a by-product of nickel production and the recent fall in cobalt prices to around USD 20/lb from USD 44/lb has further reduced the incentive to bring new capacity into operation.

    But with the nickel supply deficit expected to increase in the coming years, "it could easily go to USD 50,000 per tonne again," Oxley said. "[Annual demand for] stainless steel is still growing by at least 4pc. Even without the boom in EVs there's still likely to be a shortage of nickel. It will take a lot of projects at least 10 years to get to production."

    Source : Argus Media
  9. forum rang 10 voda 31 januari 2019 19:39
    Jindal Stainless (Hisar) Limited reports Q3FY19 results

    Jindal Stainless (Hisar) Limited announced its financial result for the third quarter of FY 19. Revenue during the quarter remained flat at INR 2,233 crore compared to INR 2,229 crore in Q2FY19. Continuously falling Nickel prices impacted profit after tax (PAT) in Q3 on account of inventory losses. PAT declined from INR 62 crore to INR 55 crore, registering a drop of 11% in Q3FY19 compared to Q2FY19. As Nickel prices declined from the second to the third quarter, the markets witnessed continued destocking. Contrary to the expectations of a festive season, demand from major segments like automobiles and consumer goods slowed down during the quarter.

    JSHL further strengthened its foray into Defence & Aerospace segment and is continuously working to develop and supply special alloys for various strategic applications viz. Submarine Rocket Launchers, Armored Vehicles, Mine Trawls etc. JSHL recently received a prestigious order of special steel sheets from ISRO for Rocket Motor Booster Application (Satellite Launch Vehicle). This is the first time India when ISRO has procured from an indigenous source, which involves rigorous qualification processes.

    MD Mr Abhyuday Jindal said “Though the overall demand for stainless steel remained intact, off-take in certain segments, such as automobiles, temporarily slowed down. Combined with falling Nickel prices, there was continued destocking in the third quarter. However, we were able to maintain our revenues by focusing on Special Products Division. In the subsequent quarters, we expect a market rebound, given the stable outlook for Nickel prices and bottoming out of inventory stocks. By and large, the stainless steel industry is under stress of subsidized imports; several MSMEs are therefore turning unviable. I’m hopeful that the government will review its policies to provide a fair playing field to domestic players.”

    Source : Strategic Research Institute
  10. forum rang 10 voda 4 februari 2019 21:29
    Norilsk Nickel announces preliminary results for Q4

    PJSC MMC Norilsk Nickel, the world’s largest refined nickel and palladium producer, announces today preliminary consolidated production results for the fourth quarter and the full year of 2018 and reiterates its production outlook for the full year 2019.

    Mr Sergey Dyachenko First Vice-President — Chief Operating Officer, commented on the 2018 production results that “In 2018, the output of all our key metals, especially copper, exceeded our production guidance owing to an increase in processed volumes of concentrate purchased from Rostec and productivity improvements. Following the completion of downstream reconfiguration program we stopped low-margin processing of the third-party feed and increased the production of nickel from own Russian feed by 3% and copper by 19%. The output of platinum group metals from own Russian feed remained practically unchanged, but was also above our production guidance.”

    “In 2018, Bystrinsky GOK (Chita Copper Project) started the production ramp-up. Unfortunately, owing to the issues with the equipment at the concentrator, metals’ output was slightly below the production guidance. Most of these issues had been fixed by the end of the last year, and in 2019 we are planning to ramp up production to 40-46 kt of copper (in concentrate).

    We reiterate our production guidance from own Russian feed for FY2019 announced at the Capital Markets Day in November 2018”.

    Source : Strategic Research Institute
  11. forum rang 10 voda 6 februari 2019 17:22
    ISSDA calls for stopping misuse of provisions of India-ASEAN FTA rules in stainless steel imports

    Business Line reported that Indian Stainless-Steel Development Association said that there has been a nine times increase of Indonesian imports of stainless steel to India on the back of widespread mis-declarations by exporters from ASEAN countries such as Indonesia, Malaysia, Singapore, Thailand and Vietnam to avail preferential tariff under the FTA. Mr KK Pahuja, President of ISSDA, said “The menace of misdeclaration needs to be nipped in the bud. It must be mandated by the government to clear consignments, with provisional duty by taking bank guarantees, to safeguard the government revenue. Moreover, the government must initiate appropriate actions against erring importers who are not only causing loss to the exchequer but also hurting domestic industry.”

    He said “Chinese investments in Indonesia are backed by the Chinese government subsidies provided to expand in overseas markets. They are also subsidized generously by the Indonesian government to attract more investments. Since there is hardly any domestic demand growth in Indonesia, all the surplus capacity thus created is being dumped in a growing market like India at an alarming rate.”

    The ISSDA has requested the Centre to impose an Anti Dumping Duty or a Countervailing Duty on imports of stainless-steel flat products from Indonesia, to counter Chinese imports, which are now being routed through ASEAN FTA route.

    Source : Business Line
  12. forum rang 10 voda 20 februari 2019 14:31
    JSL Lifestyle sets up facility for supplying stainless steel components to Integral Coach Factory of Railways

    The Hindu reported that JSL Lifestyle Ltd, a subsidiary of Jindal Stainless Steel, has commissioned its first dedicated facility for Railways. The facility, spread over two acres, has come up at Maraimalai Nagar near Chennai. The new facility would supply stainless steel components to Integral Coach Factory, Chennai, for production of railway coaches. Deepika Jindal, MD of Jindal Steel, said “This railway facility will produce railway coach sub-assemblies for ICF.”

    Earlier, these components were supplied from the Pathredi unit of Jindal in Haryana.

    Source : The Hindu
  13. forum rang 10 voda 18 maart 2019 19:52
    ISSDA renews call for using stainless steel in railway bridges

    Business Line reported that following the collapse of a foot over bridge near Mumbai CST, the Indian Stainless Steel Development Association, has emphasized the importance of using the best material available for such common infrastructure. Mr KK Pahuja, President ISSDA, said “There is an urgent need for choosing the best material for a safe and maintenance-free infrastructure. We appeal to the local civic authorities and the departments concerned to adopt stainless steel in all infrastructure projects, as it would enhance lifecycle and durability.”

    He said that ISSDA is ready to provide all support in the form of technical know how and hand holding to the government and civic authorities in this matter.

    As per industry data, around 135,000 rail bridges exist in India, of which about 25% are over 100 years old and need immediate replacement. Though more than 1,000 bridges are rehabilitated every year, there is a huge backlog in rebuilding these bridges.

    Source : Business Line
  14. forum rang 10 voda 22 maart 2019 15:01
    China sets antidumping measures on stainless steel products from EU, Japan, South Korea, Indonesia

    Reuters reported that China’s commerce ministry said that it will impose temporary antidumping measures on stainless steel billet and hot-rolled stainless steel plate from the European Union, Japan, South Korea and Indonesia from March 23.

    The ministry said it will collect deposits from companies including Japan’s Nippon Yakin Kogyo Co Ltd and South Korea’s POSCO ranging from 18.1% to 103.1%.

    Reporting by Beijing Newsroom and Dominique Patton

    Source : Reuters
  15. [verwijderd] 8 mei 2019 07:34

    Ondanks stupide handelsoorlog en angst zaaien van analisten en waarvan onze elite overheid nog steeds geen effectieve maatregel nemen tegen het dumpen, doet Aperam het toch maar even netjes.

    First quarter 2019 - results
    1
    Q.

    “Resilient results despite a weak market environment in Europe and a
    seasonally weak Brazil”

    Luxembourg, May 8, 2019 (07:00 CET) - Aperam (referred to as “Aperam” or the “Company”) (Amsterdam, Luxembourg, Paris,
    Brussels: APAM, NYRS: APEMY), announced today results for the three months ending March 31, 2019
    Highlights

    ¦ Health and Safety: LTI frequency rate of 1.1x in Q1 2019 compared to 0.8x in Q4 2018.
    ¦ Steel shipments of 501 thousand tonnes in Q1 2019, a 4.4% increase compared to steel shipments of 480 thousand
    tonnes in Q4 2018.
    ¦ EBITDA of EUR 81 million in Q1 2019, compared to EUR 90 million in Q4 2018.
    ¦ Net income of EUR 25 million in Q1 2019, compared to EUR 49 million in Q4 2018.
    ¦ Basic earnings per share of EUR 0.30 in Q1 2019, compared to EUR 0.59 in Q4 2018.
    ¦ Cash flow from operations amounted to EUR 71 million in Q1 2019, compared to EUR 88 million in Q4 2018.
    ¦ Free cash flow before dividend of EUR 24 million in Q1 2019, compared to EUR 35 million in Q4 2018.
    ¦ Net financial debt of EUR 106 million as of March 31, 2019, compared to EUR 48 million as of December 31, 2018.
    Strategic initiatives
    ¦ Leadership Journey®
    2
    Phase 3: annualized gains of EUR 34 million were added during the quarter, bringing the total
    annualized gains to EUR 67 million at the end of Q1 2019, compared to the target of EUR 200 million by the end of 2020.
    ¦ Investment projects: The investment in a new Cold Rolling and Annealing and Pickling Line in Genk is on track.
    Prospects
    ¦ EBITDA in Q2 2019 is expected to increase compared to Q1 2019.
    ¦ Net financial debt is expected to remain at low levels in Q2 2019.

    Timoteo Di Maulo, CEO of Aperam, commented:
    “Thanks to our self help measures, we achieved resilient results in the first quarter 2019 despite a weak market environment in
    Europe due to the import flood last quarter, and a seasonally weak market environment in Brazil. Looking ahead despite soft
    economic conditions in Europe we expect results to improve thanks to the Top Line Strategy and Leadership Journey® gains.
    Also further discussions with the European Commission are ongoing to implement necessary fair trade measures for
    developing countries that are currently exempt from the safeguard, such as Indonesia.”

  16. forum rang 10 voda 17 mei 2019 14:39
    Stainless steel production in China in April up 12% YoY

    SMM reported that production of stainless steel in China edged up 0.03% from March to stand at 2.34 million tonnes in April 2019, up 12.08% YoY. With a southern mill transferred part of its 300-series capacity to produce 200-series products, output of 300-series stainless steel declined 4.7% to 1.17 million tonnes last month, while that of 200-series rose 7.98% to 810,200 tonnes. Production of 400-series inched down 0.41% to 362,000 tonnes.

    Stainless steel production is expected to expand to 2.39 million tonnes in May, with output of 300-series extending its declines, down 2.53% to 1.14 million tonnes as the mill continues to cut its 300-series output and turn to 200-series. In May, output of 200-series stainless steel is expected to grow 5.9% to 858,000 tonnes and that of 400-series is estimated to gain 8.56% to 393,000 tonnes.

    Source : SMM
  17. forum rang 10 voda 3 juni 2019 16:36
    US DoC Recommends AD Duty On Refillable Stainless Steel Kegs From China, Germany and Mexico

    US Department of Commerce announced its preliminary determinations in the antidumping duty investigations on Refillable Stainless Steel Kegs from China, Germany, and Mexico. In the China investigation, Commerce gave an affirmative preliminary dumping duty of 2.01% to respondents Ningbo Master International Trade Co Ltd, Guangzhou Jingye Machinery Co Ltd, Guangzhou Ulix Industrial & Trading Co, Ltd and Ningbo Haishu Direct Import And Export Trade Co Ltd. Commerce assigned a preliminary dumping duty of 79.71% for all other Chinese producers and exporters.

    In the Germany investigation, Commerce issued an affirmative preliminary dumping duty of 8.61% to mandatory respondent Blefa GmbH. For all other German producers and exporters, Commerce assigned a preliminary dumping duty of 8.61%.

    In the Mexico investigation, Commerce gave an affirmative preliminary dumping duty of 18.48% to respondent THIELMANN Mexico SA de CV and a preliminary dumping duty of 18.48% for all other Mexican producers and exporters.

    Source : Strategic Research Institute
    Bijlage:
  18. forum rang 10 voda 4 juni 2019 16:59
    Ningbo Baoxin Stainless Steel Orders DMS 20Hi EcoMill From Fives

    Ningbo Baoxin Stainless Steel Co Ltd China has ordered a new cold rolling mill DMS 20Hi EcoMill to process precision stainless steel for high-end applications. This will be the company’s first cold rolling mill to produce precision steel, but the fifth ordered from Fives over the last 20 years. The new DMS 20Hi EcoMill will be able to roll strip down to 0.03 mm (30 microns) over the width of 1,040 mm. The mill will have an annual production capacity of 50,000 tons of steel (30,000 tons of the final products) for automotive, electronics and photovoltaic panels applications. A large portion of equipment for the mill will be manufactured locally under the supervision of Fives’ subsidiary in China. The mill is scheduled to begin production by the end of 2020.

    The latest developments for the DMS 20Hi EcoMill include increased rolling speed, new design of strip and work roll spraying, new strip wipers, improvements for fume exhaust, and a cutting-edge concept for flatness actuators and mandrel greasing. As a result, the steelmakers will benefit from reduced operating costs thanks to:
    • Less energy consumption
    • Production improvements
    • Faster maintenance
    • Improved design of mechanical parts

    Additional benefits include the ease of operation, increased cleanliness and overall reduced environmental impact.

    The order follows the successful commissioning last year of the first DMS 20Hi EcoMill installed at Shanghai STAL Precision Stainless Steel in China. The mill installed at Shanghai STAL is able to roll strip down at 40 microns at the full width of 1,250mm to produce ultra-thin stainless steels for automotive, chemical and medical industries, and electronic products.

    Source : Strategic Research Institute
  19. forum rang 10 voda 1 juli 2019 17:07
    Metallum3D Beta Test Program For Stainless Steel 316L Filament

    Charlottesville based Metallum3D has announced a Beta Test Program for its Stainless Steel 316L filament which will support the on-demand metal 3D platform of Metallum3D. Nelson Zambrana, CEO of Metallum3D, said “Our 1.75mm Stainless Steel 316L filament material has a metal content of 91.7% by weight or 61.5% by volume while maintaining enough flexibility for a minimum bend diameter of 95 mm. The combination of high metal loading and filament flexibility was a tough material development challenge that took us over a year to solve.”

    The metal filament of Metallum3D is made of low-cost Metal injection molding grade powders which use polymer as a binding solution. Once the part is formed using an FDM/FFF printer, it is then placed in Metallum3D Microwave Densification Furnace for sintering which yields a solid metal part.

    The Metallum3D metal filaments can be 3D printed on any standard FDM/FFF machine provided it has a hardened steel nozzle to resist abrasion and a heated bed. Currently, the size of the metal parts is limited to 10 x 10 x 8 inches (XYZ) which is the volume of Metallum3D’s microwave furnace.

    Source : Strategic Research Institute
  20. forum rang 10 voda 17 juli 2019 16:08
    Tsingshan Indonesia Shakes up Stainless Steel Markets in South East Asia - Wood Mackenzie

    According to Wood Mackenzie, shockwaves from Tsingshan's new stainless steel hub in Indonesia are reverberating across South East Asia and beyond. Mr Sean Mulshaw, Wood Mackenzie Principal Analyst said that “Competitively priced exports of Indonesian stainless product have provoked varying reactions from stainless steelmakers in the destination countries. China has warned off Tsingshan with anti-dumping duties, Taiwan has willingly taken Indonesian stainless instead of melting its own, South Korea is changing its mix of stainless grades and fighting a proposal for a new Tsingshan cold rolling mill, India is partnering with Tsingshan in a new CR venture that is about to enter production and Europe is worried that more Indonesian stainless might come its way."

    Mr. Mulshaw said that “Normally, the start up of a new 3 million tonne per annum stainless melt shop would be good for nickel demand and generally positive for prices. In this case, however, the ramp up in production has been partly offset by cuts in output elsewhere, with more likely to follow. The Morowali mill is regarded as the lowest cost stainless operation in the world, primarily due to its integration with, and hot metal transfer of, nickel pig iron. Its stainless semi-finished products of slab and hot-rolled coil are both very competitively priced. As a result, global producers are likely asking: why continue to melt stainless when I can purchase these lower priced semis and roll them instead?.”

    Tsingshan’s stainless complex in Morowali, Indonesia, entered production in mid 2017 with a capacity of 2 million tonne per annum. In 2018, this was increased to 3 million tonne per annum . A third line was commissioned but has yet to start commercial operations.

    When Tsingshan started up the Morowali stainless complex in July 2017, output was principally shipped to China. By the end of March 2018, almost 1 million tonnes of stainless steel slab and HRC had been exported to the country, however the market was not strong enough to absorb it.

    Source : Strategic Research Institute
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