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Home  /  Forum  /  Arcelor Mittal  /  Nieuws en info hier plaatsen (deel 4)

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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 24,220 10 mei 2024 11:33
  • +0,540 (+2,28%) Dagrange 23,890 - 24,220
  • 670.266 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1036 1037 1038 1039 1040 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 1 augustus 2019 17:00
    Artyom Akinfiev Appointed as GD of Severstal’s Izhora Pipe Plant

    Artem Akinfiyev was appointed Director for the production of pipe rolled products of the Severstal Russian Steel Division - Director General of the Izhora Pipe Plant, part of Severstal PJSC. Artem Akinfiev was born in 1977 in Cherepovets. He graduated from Cherepovets State University with a degree in hoisting, construction, road machines and equipment. He began his career in Severstal as a fitter in a coke-chemical plant at the Cherepovets Steel Mill. From 2008 to 2015, he worked at the Promservice Center (repair asset of Severstal), where he traveled from master to head of the service shop (CSO) of the coke-chemical industry. In September 2015, he was appointed Head of the Severstal - Long-Haul Plant Balakovo TSS. From January 2017 he worked as a senior manager of the service to improve the production processes of the Center "Promservice". From May 2017 to July 2019, he was the General Director of Severstal-Long-Haul Plant Balakovo.

    Under the leadership of Artem Akinfiyev, who has the necessary managerial and professional competencies, as well as extensive experience in metallurgy, enterprises of the Kolpinsky site Severstal will continue to improve production efficiency, reduce costs, expand the product line and develop customer service in accordance with the updated strategic priorities of the company.

    Dmitry Pokrovsky, who headed ITZ until July 2019, continued his career path outside Severstal.

    Source : Strategic Research Institute
  2. forum rang 10 voda 1 augustus 2019 17:01
    Klöckner & Co SE reorganizes Management Board & Strengthens Country Organizations

    Klöckner & Co SE has reorganized its management team. The Supervisory Board appointed Dr Oliver Falk and John Ganem to the Management Board effective August 1, 2019. Jens Wegmann, who has been a member of the Management Board of Klöckner & Co SE since December 1, 2017, will leave Klöckner & Co SE in agreement with the Company as of July 31, 2019. His responsibilities as COO will be assumed by John Ganem in the US and by Gisbert Rühl, CEO of the Company, in Europe. The Supervisory Board thanks Jens Wegmann for his commitment and wishes him all the best for the future.

    Dr. Oliver Falk takes over the function of CFO, which was temporarily assumed by the CEO, Gisbert Rühl. The Group Management Board of Klöckner & Co SE will thus consist of Gisbert Rühl, Chairman of the Management Board and CEO Europe, Dr. Oliver Falk, CFO, and John Ganem CEO Americas.

    Dr. Oliver Falk has been successfully active in leading positions in the Group for more than 25 years and is currently CFO of Kloeckner Metals Europe GmbH. As CEO of the US subsidiary Kloeckner Metals Corporation, John Ganem has been making a significant contribution to the company's success in the USA for several years.

    In the course of the realignment of the Management Board, a further decentralization of activities was decided. With this step, the Company intends to take even greater account of the different structures in the countries in terms of organization and thus promote even more independent and entrepreneurial action in the Group companies. In return, this leads to a reduction in responsibilities at the level of the Group holding Company. In the future, the Group holding will focus on core functions and the design and control of the digitization strategy.

    Source : Strategic Research Institute
  3. forum rang 10 voda 1 augustus 2019 17:04
    Latin American Steel Industry Numbers Down on Mexico Issues – Alacero

    Latin American steel association Alacero announced that the performance of the Latin American steel industry has been undermined by external and internal factors, from commercial tensions to the activity of key nations in the region. One of the factors that most influences internally the results, is the difficulty of Mexico, the second largest economy in Latin America, to maintain its commercial volume and the dependence on fluctuations in trade agreements. It said As discussed in the previous months, Mexico has contributed negatively to the losses in both trande and steel production in relation to other countries in LA, and its participation in the cumulative deficit of consumption of crude and rolled steel is even older. As a reflect of a market loss, the country represents more than half of the deficit in consumption of crude and rolled steel in Latin America.”

    Region's steel market during January-May 2019 presented a 2% drop in the consumption of rolled steel compared to January-May 2018. Regional production of crude and rolled steel until June fell 4% and 7%, respectively, versus January-June 2018. However, although there is an accumulated deficit of 1.8 million tonnes in the rolled steel production compared to the first half of 2018, the month of June is highlighted as the least productive since February 2019. Therefore, the expectations of apparent consumption by the end of this year, which had been estimated around 70 million tonnes last March, will not exceed 68 million tonnes in the most positive scenario.

    The region increased its imports 1.2% between April and May 2019, identifying 0.1% increase compared to January-May 2018. The share of imports in regional consumption remained at 37% for the third consecutive month, as opposed to 36% in January-May 2018. This confirms the dependence of consumption on imported rolled steel, due to falls in cumulative production and apparent consumption. The deficit recorded in January-May 2019 was 6.0 million tonnes, with 232 thousand tonnes more than January-May of the previous year (5.8 million tonnes).

    Crude steel - Latin America had a 5 million tonnes crude steel production in June, 8% lower than that recorded in the same period of 2018 (5.5 million tonnes). Considering the accumulated in 2019, there were produced 31.3, 4% less than January-June 2018 (27.1 million tonnes). A smaller deficit compared to the accumulated of the first five months, which showed a 5% drop. But the value identified in June was 4% lower than the January-May average. In the year, Brazil is the main producer with 17.2 million tonnes, followed by Mexico with 9.5 million tonnes, representing respectively 55% and 30% of the annual regional total. Highlighting that the accumulated deficit in the production of crude steel in Mexico was 946 thousand tonnes (-9%), making up 73% of the regional deficit (1.3 million tonnes). Of the 4% fall recorded for Latin America, 3% is composed of Mexican casualties.

    Rolled steel - The region produced 4.1 million tonnes of rolled steel in June, 8% less than the same period of 2018 (4.5 million tonnes). In the year there was 25.6 million tonnes, representing a 7% drop compared to the first 6 months of 2018 (27.4 million tonnes). To remember, the comparative accumulated in the previous report pointed to the 8% drop. The main producers in the year are Brazil with 11.6 million tonnes (45% of the Latin American total) and Mexico with 8.7 million tonnes (34% of the Latin American total). Of the 1.8 million tonnes accumulated deficit, 68% are represented by the Mexican results (1.3 million tonnes). Of the 7% regional decline, 5% was driven by Mexican casualties. In the previous report, Mexico's participation in the deficit was 52%.

    Imports - 2.07 million tonnes of rolled steel were imported in May, 8% less than May 2018 (2.25 million tonnes). In the accumulated January-May 2019, Latin America imported 10.0 million tonnes of rolled steel, 0.1% more than what was imported in the same period of 2018 (9.98 million tonnes). Of this total, 70% correspond to flat products (7.0 million tonnes), 27% to long products (2.7 million tonnes) and 3% to seamless tubes (283 thousand tonnes). In May, rolled steel imports accounted for 37% of the region's consumption, the same percentage of April 2019, which points to a lack of incentives for the local industry, commercial friction and puts the sources of employment at risk.

    Exports - 773 thousand tonnes of rolled steel were exported in May, 7% less than in April 2019 (829 thousand tonnes) and 9% less than May 2018 (848 thousand tonnes). In the accumulated January-May Latin American exports of rolled steel totaled 4.0 million tonnes, 5% less than that recorded in January-May 2018 (4.2 million tonnes). Of this total, 49% correspond to long products (2.0 million tonnes), 40% to flat products (1.6 million tonnes) and 11% to seamless tubes (415 thousand tonnes) - a slope below the 2018 curves , with further falls after the April recovery.

    Source : Strategic Research Institute
  4. forum rang 10 voda 1 augustus 2019 17:05
    Ternium Expects EBITDA to Decrease in Q3 of 2019

    Ternium expects EBITDA to decrease in the third quarter 2019 compared to the second quarter 2019 due to a steel margin that will be below historical long term trends and lower shipments. The main factor affecting the company’s EBITDA in the third quarter of the year will be sequentially lower shipments of slabs to third parties with low margins.

    The company anticipates steel shipments in Mexico to gradually recover during the second half 2019, reaching higher levels than those reported for the second half 2018. In addition, Ternium expects realized steel prices in Mexico to decrease, as the lagged reset of contract prices for industrial customers during the third quarter 2019 will reflect the steel price downturn during the second quarter 2019. This should be partially offset by the recent rebound of prices on sales to the commercial markets.

    In Argentina, Ternium anticipates an additional sequential increase in steel shipments in the third quarter 2019 due to an improvement in the domestic steel market.

    Source : Strategic Research Institute
  5. forum rang 10 voda 1 augustus 2019 18:37
    Metalloinvest Announces Operational Results for Q2 2019

    Metalloinvest announced its operational results for the second quarter of 2019. Andrey Varichev, CEO of Management Company Metalloinvest, said “In line with our strategy to increase the share of high value-added products in the output, in Q2 2019 the Company increased pellet production and shipments by 6% and 7%, respectively, compared to the previous quarter. As a result, the share of HVA iron ore products, comprising pellets and HBI/DRI, increased to 75% of our total iron ore product shipments. At the same time, sales of iron ore products to Asia significantly increased in Q2 2019 and reached 16% of total iron ore product shipments, rising from 11% in Q1 2019. The share of HVA products in steel shipments continues to gradually increase and was recorded at 46%, with the main market being domestic customers.”

    In Q2 2019, iron ore production remained almost flat as compared to Q2 2018 (-0.6% YoY) and amounted to 10.1 million tonnes. At the same time, the growth in production volumes by 4.8% QoQ was driven by an increase in productivity due to the processing of higher quality ore and the completion of scheduled maintenance works

    In Q2 2019, pellet production increased by 3.9% YoY and 5.7% QoQ and amounted to 7.2 million tonnes. The growth in pellet production was due the completion of scheduled maintenance works, as well as an increase in productivity due to a change in the pellet product mix

    HBI/DRI production remained flat QoQ (2.0 million tonnes) and was 1.6% higher YoY mainly due an increase in productivity of the Company’s HBI plants

    In Q2 2019, the total volume of iron ore product shipments to third parties remained flat QoQ and amounted to 6.2 million tonnes

    HVA iron ore product (pellets and HBI/DRI) shipments increased to 75% of the total amount of iron ore product shipments in Q2 2019, compared with 74% in Q1 2019 and 72% in Q2 2018

    In Q2 2019, the share of iron ore product shipments to the domestic market amounted to 53%, compared with 57% in Q1 2019 and 67% in Q2 2018

    The Company increased the volume of export supplies during the reporting period by 9.7% QoQ and 35.8% YoY mainly due to the increase in supplies to Asia (the share of shipments to Asia comprised 16% in Q2 2019, compared with 11% in Q1 2019 and 1% in Q2 2018)

    In Q2 2019, the output of hot metal remained almost flat QoQ (+0.9%) and amounted to 0.7 million tonnes. The Company decreased hot metal production by 7.2% YoY as a result of maintenance and repair works at Ural Steel in Q2 2019

    Crude steel production increased in Q2 2019 by 5.1% QoQ to 1.2 million tonnes. This growth was largely a result of plant reconstruction and hot tests of FMF at Ural Steel in Q1 2019. Crude steel output was decreased by 1.1% TYoY due to the development of FMF steel production technology

    In Q2 2019, pig iron shipments to third parties decreased to 0.4 million tonnes compared with 0.5 million tonnes in Q1 2019, partly owing to the growth of internal consumption for steel production

    The share of HVA steel product shipments amounted to 46.0% in Q2 2019, compared with 45.5% in Q1 2019 and 44.6% in Q2 2018

    In Q2 2019, pig iron and steel product shipments was partially reoriented to the Russian market (its share increased to 34%, compared with 29% in Q1 2019 and 28% in Q2 2018), mainly due to an increase in shipments to ChelPipe. Thus, export shipments of pig iron and steel product in Q2 2019 decreased by 12.6% q-o-q and 16.7% YoY.

    Source : Strategic Research Institute
  6. forum rang 10 voda 1 augustus 2019 18:41
    CSN announces Q2 Results

    Brazilian steel maker Companhia Siderurgica Nacional announced its results for the second quarter of 2019. It recorded adjusted EBITDA of R$2,380MM, up by 68% and 38% over 2Q18 and 1Q19, respectively. Adjusted EBITDA Margin reached 33.5%, increasing by 5.8 p.p. versus 1Q19 due to the strong mining performance. Mining EBITDA reached a historical record of R$2,021MM, 61% higher than in 1Q19, with an increase of approximately 40% in EBITDA/ton in the segment due to better realized prices and increased sales volumes. 14% growth in iron ore sales volumes over 1Q19, with highlight to exported volumes.

    Voor cijfers, zie pdf.

    Source : Strategic Research Institute
    Bijlage:
  7. forum rang 10 voda 1 augustus 2019 18:47
    Benxi Steel Orders Slab Caster from SMS Group

    China’s Liaoning Province based Bengang Group Corporation has placed an order with SMS group for the supply of a single-strand slab caster to be installed at the steelmaker’s works in Benxi in north-east China. The new casting plant will be designed for an annual production of up to 1.6 million tonnes of steel slabs of 230 millimeter thickness and between 1,000 and 1,900 millimeters wide. The caster equipment will be prepared to be extended to a slab thickness of 250 millimeters. Commissioning is scheduled for the end of 2020. The new caster will produce slabs in high-grade steels, primarily for the automotive industry.

    Smart and proven technologies, including various X-Pact® Level 2 process models such as X-Pact® Level Control, X-Pact Width Control und X-Pact® Solid Control, will be implemented to ensure high-quality slab production.

    With X-Pact® TechAssist, Benxi Steel will receive a system with which the metallurgical parameters can be managed centrally: This SMS group-developed software supports the caster operator in selecting the optimal process parameters for the steel grade being processed.

    Segments 2 to 15 will be equipped with STEC-Roll® technology. Rolls of this technology optimize the casting process and set new standards for efficient maintenance due to their long service lives and the possibility of being re-used.

    The Vertical Liquid Bending (VLB) machine will come with an HD moldTC (TC – thermocouples). Special about this mold is that the temperature signals will be digitalized near the mold and transferred to the HD mold server via a high-speed bus. In the newly built maintenance shop, Benxi Steel will measure and align molds and segments using the digital alignment assistant HD LASr (High Definition Laser Aligning System remote), also an SMS group development. HD LASr, which features a three-dimensional laser gage and an intuitive HMI, provides accurate and reliable logging and meaningful assessment of the measured objects. Perfect alignment of the molds by means of HD LASr [mold], of the segments by HD LASr [segment] and of the strand by HD LASr [strand] is key to the attainment of high slab quality.

    SMS group is also going to supply the quality assurance software Product Quality Analyzer. The PQA® system documents, monitors and secures the entire production process in the continuous casting plant.

    It supports high-quality production by capturing a great number of quality parameters along the complete production process. All these data will be available as an important data basis for evaluation and optimization purposes.

    The X-Pact® process models and digitalization systems such as X-Pact® TechAssist, HD LASr and PQA® will make the new continuous caster smart in the sense of Industrie 4.0.

    SMS group’s order scope comprises the complete engineering, supply of the mechatronic and digital components including the X-Pact® electrical and automation systems as well as supervision of installation and commissioning.
    Benxi Steel operates an integrated iron and steel works in the Liaoning Province. The steelmaker exports its products – hot and cold-rolled steel products, among others for the automotive and chemical industries – to more than 80 countries in the world.

    Source : Strategic Research Institute
  8. forum rang 10 voda 1 augustus 2019 21:38
    ArcelorMittal (MT) CEO Lakshmi Mittal on Q2 2019 Results - Earnings Call Transcript
    Aug. 1, 2019 3:13 PM ET | About: ArcelorMittal (MT)
    Subscribers Only
    Earning Call Audio
    ArcelorMittal (NYSE:MT) Q2 2019 Results Conference Call August 1, 2019 9:30 AM ET

    Company Participants

    Daniel Fairclough - VP, Corporate Finance and Head of IR

    Lakshmi Mittal - Chairman and CEO

    Aditya Mittal - CFO and President

    Simon Wandke - CEO, Mining Business

    Genuino Christino - Head of Finance

    Conference Call Participants

    Alain Gabriel - Morgan Stanley

    Ioannis Masvoulas - Macquarie

    Cedar Ekblom - Merrill Lynch

    Luke Nelson - JPMorgan

    Myles Allsop - UBS

    Rochus Brauneiser - Kepler

    Phil Gibbs - KeyBanc

    Sergey Golosinskiy - SocGen

    Bastian Synagowitz - Deutsche Bank

    Operator

    Daniel you may go ahead now.

    Daniel Fairclough

    Thank you very much. Hi. Good afternoon and good morning everybody and welcome to ArcelorMittal's Half Year 2019 Investor and Analyst Call. This is Daniel Fairclough from ArcelorMittal Investor Relations. I’d like to remind everybody first of all that as usual this call is being recorded. Hopefully everybody has had the chance to review our earnings statements, the Q&A document and the presentation with the detailed speaker notes, which were all published on our Web site this morning.

    So the idea then of this call is not to present these slides but rather move directly to your questions. That way the whole call should last around 45 minutes [Operator Instructions]. So with that brief opening I will hand over to Mr. Mittal.

    Lakshmi Mittal

    Thank you. Good day, everyone and can I add my welcome to this call. I am joined today by Aditya Mittal, President and CFO; Simon Wandke, CEO of Mining; Genuino, our Head of Finance and Daniel, Head of IR.

    Before we move to Q&A, I would like to make some brief introductory remarks. As always I will start by commenting on our health and safety performance, excluding ArcelorMittal Italia, our loss time injury frequency rate for the first half of the year was 0.66 times, a small improvement on the rate achieved in 2018 which was a record low. Including ArcelorMittal Italia the rate was 1.19 times. This highlights one of the challenges we have in Italy although I would note that its rate have improved over from over 20 times when we assumed control to 12.35 times in the first half of the year.

    We are focused on further improving its health and safety performance as quickly as possible and bringing it closer in line with our European average. Before I move to our financial performance, I would like to set some context in terms of the current market environment. The steel industry is inherently cyclical. Market conditions were buoyant for the majority of 2018. However, since October last year we’ve seen a severe market downturn, the speed and extent of which has been surprising and the usual correlation between Chinese and international steel spreads has broken down.

    While Chinese spreads remain within their usual historical range these spreads in our core markets today have fallen to very low levels and are well below historical norms. As a result our first half EBITDA of $3.2 billion is lower than the corresponding period last year. I would note however, the performance of our mining business which has contributed almost a $1 billion of EBITDA highlighting the benefits of diversification. As you may recall just over three years ago we launched our Action 2020 strategic plan. The purpose of which was to ensure we delivered positive free cash flow in any market environment.

    It is therefore encouraging that despite the highly challenging market and the drag on our business from ArcelorMittal Italia we still generated free cash flow of $900 million in the second quarter. This has enabled us to achieve further deleveraging progress and take a net debt down to our lower ever level. Our focus on further debt reduction continues and our full year free cash flow performance will be supported by a material working capital released in the second half of the year.

    9 bladzijden, met audio fragment:

    seekingalpha.com/article/4280338-arce...
  10. forum rang 10 voda 1 augustus 2019 21:43
    Aperam S.A. EPS beats by €0.10, misses on revenue
    Jul. 31, 2019 8:11 AM ET|About: Aperam S.A. (APEMY)|By: Vandana Singh, SA News Editor
    Aperam S.A. (OTC:APEMY): Q2 GAAP EPS of €0.69 beats by €0.10.

    Revenue of €1.09B (-10.7% Y/Y) misses by €70M.

    Press Release

    Now read: AK Steel Holding Corporation 2019 Q2 - Results - Earnings Call Slides »

    seekingalpha.com/article/4278900-ak-s...

    29 SLIDES!!!
  11. tempus fugit 2 augustus 2019 15:20
    Agenzia Giornalistica Italia (G.transl.)

    De criminele immuniteit heropent de botsing tussen ArcelorMittal en de overheid
    Volgens de ijzer- en staalreus die de voormalige Ilva overnam, zou de uitvoerende macht klaar zijn om een norm te herstellen "zonder welke we niet kunnen werken".

    De criminele immuniteit in verband met de uitvoering van het milieuplan van de staalfabriek van Taranto is opnieuw het strijdtoneel tussen ArcelorMittal, dat sinds november de buitengewone administratie van Ilva overnam, en het ministerie van Economische Ontwikkeling. De financieel directeur van de staalreus, Aditya Mittal, beweert dat de regering werkt aan een wet om de immuniteit te herstellen, maar de vice-premier Luigi Di Maio ontkent duidelijk: het is vals. De controverse komt na de inbeslagname van de hoogoven 2 en de afwijzing, door de rechter, van het geval van Ilva in buitengewone administratie die vroeg om het recht van gebruik voor de plant om het werk van de beveiliging te doen.

    Aditya Mittal stelt in de conference call over de halfjaarrekeningen dat "zonder immuniteit het heel moeilijk is om" voor elke operator in Taranto te blijven werken ". Maar het zorgt er ook voor dat de Frans-Indiase groep "samenwerkt met de regering en dat de uitvoerende macht erg constructief is": er wordt gewerkt "om nieuwe wetten of nieuwe wetgeving goed te keuren die de immuniteit die we hadden herstelt. De wetten waren niet nog steeds goedgekeurd - zegt Mittal - maar ze gaven ons de indicatie dat ze het voor september zullen doen ".

    Kort nadat de Mise de verwachtingen van het bedrijf bevriest om snel terug te komen, met een ad-hocbepaling, de immuniteit geïntroduceerd door een wet van 2015 en opgeheven door artikel 46 van de wet op het groeibesluit vanaf 6 september. Bronnen van het ministerie ontkennen "categorisch dat er een onderzoek is om de immuniteit te herstellen. Zoals herhaaldelijk gezegd, willen we exclusief ingrijpen bij de uitvoering van het milieuplan zo snel mogelijk. Er zal nooit een strafschild voor sterfgevallen op het werk zijn en milieurampen. Elke andere verklaring komt niet overeen met de waarheid, "concluderen de bronnen van Mise.

    En een tweet van Di Maio arriveert die nog moeilijker is: "In Taranto hebben we de criminele immuniteit afgeschaft die de Pd had geïntroduceerd. Het beschermde degenen die dat bedrijf beheren zelfs in het geval van verantwoordelijkheid voor sterfgevallen op het werk of milieurampen. Vandaag heeft iemand gezegd dat de immuniteit terugkomt. Het is vals, "zegt hij. Dan de dupliek: in een notitie vraagt ArcelorMittal "de nodige wettelijke bescherming om zijn eigen milieuplan te kunnen blijven uitvoeren en blijft er vertrouwen in dat er een oplossing zal worden gevonden".

    de regels veranderen niet tijdens de race, waarschuwt Confindustria

    Het was half juni dat ArcelorMittal met zijn Europese leiders de 'immuniteit tegen criminele immuniteit opblies. De nieuwe onderdrukkingsregel was in de maak, Di Maio had het al in 24 april in Taranto aangekondigd, en de naderende goedkeuring in het parlement van de groeidll, de leiders van de multinational hadden gezegd dat als immuniteit zou worden gemist, ze zouden zijn vertrokken de Taranto-fabriek vanaf 6 september 2019, dat wil zeggen vanaf de inwerkingtreding van de nieuwe bepaling. ArcelorMittal werd in deze functie ook ondersteund door Federmeccanica, Confindustria en vakbonden van metaalbewerkers, die allemaal overeenkwamen te benadrukken dat de regels tijdens de bouw niet konden worden gewijzigd. En de immuniteit van ArcelorMittal had in feite samen met het bedrijf 'geërfd'.

    "Het veranderen van de regels in de race is een aantasting van de geloofwaardigheid van het land en ontmoedigt internationale investeerders", zei de industriële leider, Vincenzo Boccia, in Taranto, in ArcelorMittal, bij de gezamenlijke Federmeccanica-Confindustria Taranto-vergadering.
    Di Maio had de Groep aanvankelijk gerustgesteld. "Ik wil geen oorlog voeren, ik wil niet dat het bedrijf wordt gesloten - zei hij - maar ArcelorMittal weet dat immuniteit een absurd voorrecht is dat we niet kunnen tolereren. Bovendien wordt deze regel waarschijnlijk geannuleerd door het Grondwettelijk Hof in oktober, wanneer het zich op het punt zal uitdrukken ". En nogmaals, zei Di Maio, "ArcelorMittal heeft niets te vrezen als het binnen de voorwaarden blijft, het zal zijn verplichtingen nakomen en het milieuplan uitvoeren op de afgesproken tijden en manieren. Het bedrijf moet niet bang zijn om de schuld te krijgen van de problemen van het verleden".

    De huidige immuniteitsnorm "steriliseert" de gerechtelijke actie alleen voor de uitvoering van het milieuplan. Met andere woorden, als tijdens de uitvoering van de milieuwerken, die in augustus 2023 worden gesloten, bijvoorbeeld het optreden van rook of stofverspreiding optreedt, kunnen de beheerders van de staalfabriek niet worden beschuldigd. En dit komt omdat dezelfde beheerders, via het milieuplan, precies zijn toegewijd om deze negatieve fenomenen te overwinnen. Er is echter geen strafschild bij ongevallen op het werk, fataal of niet.
  12. forum rang 10 voda 2 augustus 2019 15:49
    ArcelorMittal South Africa to Buy Highveld Structural Mill

    ArcelorMittal’s South Africa has agreed to buy Highveld Structural Mill for ZAR 300 million. ArcelorMittal’s South Africa said that it will pay ZAR 150 million in cash and a further R150 million after a payment trigger, which it will fund from new borrowings and internal sources. It said “The structural mill is the only facility of its kind in Africa with the ability to produce structural steel, including material for railway lines. This is a unique position to supply markets locally and in the African region.”

    ArcelorMittal SA has a manufacturing agreement with parent company Highveld Steel, supplying steel products to Highveld Structural Mill for processing into heavy structural steel, and an option to purchase Highveld Structural Mill.

    Source : Strategic Research Institute
  13. forum rang 10 voda 2 augustus 2019 15:50
    Mr Michael H McGarry Elected to US Steel Board of Directors

    United States Steel Corporation announced that Mr Michael H McGarry has been elected to the company’s Board of Directors. Mr Michael McGarry is the Chairman and Chief Executive Officer of PPG. Mr McGarry was named CEO in September 2015 and became Chairman of the Board the following year. McGarry joined PPG in 1981 as an engineer at the company’s Lake Charles, Louisiana, chemicals complex. He then progressed through various management roles, ascending to General Manager of Fine Chemicals in 2000. In 2004, he was named Vice President, Chlor-Alkali and Derivatives. He then relocated to PPG’s European headquarters in Rolle, Switzerland, as Vice President, Coatings, Europe, and managing director, PPG Europe, in 2006. McGarry returned to the U.S. as Senior Vice President of the Commodity Chemicals reporting segment in 2008, and he was elected Executive Vice President in 2012 and Chief Operating Officer in 2014. McGarry became President in March 2015 before assuming his current role as Chairman and CEO.

    McGarry holds a mechanical engineering degree from the University of Texas and completed the Advanced Management Program at Harvard Business School. He is a former member of the board of directors of Axiall Corporation.

    Source : Strategic Research Institute
  14. forum rang 10 voda 2 augustus 2019 15:50
    Karnataka Small Scale Industries Association Concerned Over Closure of SAIL VISL

    The Hindu reported that Karnataka Small Scale Industries Association has expressed concern over closure of Steel Authority of India Limited’s Visvesvaraya Iron and Steel Plan in Bhadravathi. KASSIA president Mr R Raju said “We learn from members of Kassia in Shivamogga and the region that the closure of VISL will be a big blow to the industrial development of the region. It is sad to note that the company which was a state undertaking was later transferred to SAIL but unfortunately has not been able to turn the corner. We would, therefore urge the Government to ensure that the VISL is not allowed to be closed as it will jeopardize the livelihood of the employees and their dependents.”

    Kassia urged the State Government to take steps to infuse capital and other resource that may be required using if necessary private investors to revive the unit and run it successfully.

    The company is involved in the production of alloy steels and pig iron and has a legacy of having been started by Sri M Visveswaraya. This was one of the first steel mills to be set up anywhere in the country, way back in 1923.

    The Hindu
    www.thehindubusinessline.com/news/nat...

    Source : Strategic Research Institute
  15. forum rang 10 voda 2 augustus 2019 15:51
    Severstal Starts Supplying Gazprom Pipes for Kovykta-Chayanda Section of Power of Siberia Gas Pipeline

    Severstal’s Izhora Pipe Plant has started shipping large-diameter pipes for the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline to Gazprom. According to the results of the tender won at the end of 2018, the company will supply the key client with about 100 thousand tons of pipes with a diameter of 1,420 mm made of steel of K60 strength class.

    ITZ also continues to ship products for the project for the development of gas transmission capacities of the Unified Gas Supply System in the North-West Region. According to the terms of the contracts concluded as a result of the tender in December 2018, the plant will send about 110 thousand tons of pipes to the client by the end of this year.

    In addition, in the first half of 2019. ITZ successfully completed the shipment of products for this project as part of its tender obligations, which the company won in Q1 2018. According to the terms of the contract, ITZ shipped 165 thousand tons of pipes with a diameter of 1,420 mm and a wall thickness of 18.7 to 32 mm to Gazprom made of steel of strength class K60 with internal smoothness and external anti-corrosion coatings. A part of the production volume was made up of pipes with an external protective nanomodified coating “ZUB-Composite”, which ITZ supplied in partnership with BT SVAP, providing a solution to the client’s complex task of effectively protecting the pipeline from mechanical damage when laying in difficult soil conditions. The factory performed shipment of products in accordance with the required schedule.

    Source : Strategic Research Institute
  16. forum rang 10 voda 2 augustus 2019 15:51
    Severstal Confirms Compliance of Rebar with European Requirements

    Severstal has confirmed the certificate for compliance of high-strength reinforcing bars in diameter from 10 to 40 mm of grade B500B with the requirements of the German standard DIN 488: 2009. Mr Vadim Germanov GD of Severstal Russian Steel Division said “We continue to consistently improve the quality of high-margin products for European customers representing the construction industry - one of the priorities for our company now. For this, we are also introducing new methods of examination of the final product. For example, since last year, CherMK's rolling stock production personnel have been analyzing the quality of finished reinforcing bars at a special optical bench, with which you can automatically evaluate the geometric parameters of the finished profile with high accuracy.”

    By the way, this representative of internal control was also noted by the representative of the German certification organization PRÜFSTELLE FÜR BETONSTAHL. In addition, he praised the technological processes for the production of reinforcing steel at mills 250 and 350 in the CherMK section rolling mill (part of the Severstal Russian Steel division) and the qualifications of the technological personnel. Also, the rolling mill confirmed the compliance of the quality management system with the requirements of the international standard ISO 9001.

    Source : Strategic Research Institute
  17. forum rang 10 voda 2 augustus 2019 15:55
    ArcelorMittal Kryvyi Rih Opens Steel Warehouse in Dnieper

    ArcelorMittal Kryvyi Rih has opened a new metal warehouse in the central region of Ukraine - in the Dnieper. It is located on the left bank on Kursantskaya, 1Zh, where there is a convenient traffic intersection and a railway line. From this site, the company plans to ship 5 thousand tons of metal products per month. The new warehouse ArcelorMittal Kryvyi Rih holds up to 10 thousand tonnes of metal products, occupies an area of 8 thousand square meters, includes both outdoor and indoor storage areas. In the presence of - three cranes with a lifting capacity of up to 15–20 tons, its own railway line, as well as the possibility of servicing vehicles.

    Anastasia Tatarulyeva, Deputy GD for Marketing and Sales ArcelorMittal Kryviy Rih, said “We continue to expand our distribution network and improve the quality of services for our customers. We believe that market leadership is achieved through a systematic approach. We build our business on the principles of reliability, long-term and partnership. For our team, it is important that customers think about us and what kind of service they receive in any interaction with the company. The buyer, first of all, should be comfortable and reliable to work with us, because in modern market conditions, product quality and service are the main competitive advantages. The expansion of the distribution network makes it possible to ensure the availability of the company's products in all large regions of Ukraine, in order to provide rolled metal products to our customers in a timely manner, in the necessary volumes and assortment. Customers, above all.

    Source : Strategic Research Institute
    Bijlage:
  18. forum rang 10 voda 2 augustus 2019 15:56
    United States Steel Corporation Reports Second Quarter 2019 Results

    United States Steel Corporation reported second quarter 2019 net earnings of $68 million. Adjusted net earnings were $78 million. This compares to second quarter 2018 net earnings of $214 million. President and Chief Executive Officer David B. Burritt said “Adjusted net earnings for second quarter 2018 were $262 million. Our execution in the second quarter was strong despite challenging market conditions. We overcame logistics headwinds from severe weather and delivered for our customers, exceeding even our own expectations. We also completed several Asset Revitalization outages across the flat-rolled footprint on time and on budget, including upgrades to our Mon Valley steel shop. We expect these investments to enhance operating performance and reliability to provide high quality, low cost liquid steel for our future endless casting and rolling investment. Execution of our technology investments, including the Mon Valley endless casting and rolling line, Tubular electric arc furnace, and USSK Dynamo Line, are on track to deliver almost $400 million of incremental run-rate EBITDA benefits when completed. With each passing quarter, we are making the company more competitive and our continued execution is proof that our strategy is working.”

    Source : Strategic Research Institute
  19. forum rang 10 voda 2 augustus 2019 15:57
    US Steel Issues WARN Layoff Notice to 200 Workers at Great Lakes Works

    SP Global reported that US Steel has issued Worker Adjustment and Retraining Notification notices to some employees at its Great Lakes Works in Michigan as a result of the company's previously announced operational adjustments at the mil. US Steel spokeswoman Meghan Cox said “The layoff notices were sent to less than 200 employees and will begin taking effect August 4. As we indicated in communications issued June 18, we have made operational adjustments to our global blast furnace footprint to align with current market conditions. As a result, we have issued [WARN] notices in the event of possible future layoffs as a result of our reduced production levels at Great Lakes Works. We are taking this step to inform employees and relevant stakeholders of possible future impacts."

    In June, US Steel announced the B2 blast furnace at the Great Lakes Works would remain idle after a planned maintenance outage to better align global production with the company's order book. At the time, US Steel said it would also be temporarily idling a blast furnace at its Gary Works in Indiana, as well as a blast furnace in Europe, until markets rebound.

    Source : SP Global
  20. forum rang 10 voda 2 augustus 2019 15:59
    Tenaris Announces 2019 Second Quarter Results

    Tenaris Announced 2019 Second Quarter Results. In the second quarter of 2019, sales rose 2% quarter-on-quarter, as higher sales in Mexico and various Eastern Hemisphere markets compensated for a seasonal decline in sales in Canada. Operating income declined 9% quarter on quarter resulting from the non-repetition of the $15 million tariff recovery recorded in the previous quarter and higher maintenance costs associated with a major overhaul of our facilities in Mexico. Net income amounted to 12.5% of sales.

    Zie pdf voor cijfers:

    It said “In the USA, drilling activity has slowed down and is likely to remain around the present level as oil and gas prices have been subdued and operators maintain a disciplined approach to capital expenditures. In Canada, drilling activity remains well down on last year with no recovery expected before the end of the year. In Latin America, drilling activity is expected to remain at current levels until the end of the year amid uncertainty about elections in Argentina and the financial position of Pemex. In the eastern Hemisphere, drilling activity continues to improve, led by gas developments in the Middle East, and a gradual recovery in some offshore basins. In the third quarter, our sales will be affected by lower average selling prices, seasonal factors and the impact of major maintenance stoppages amplified by the triennial intervention in Mexico, before recovering in the fourth quarter. We expect to mitigate most of the impact of lower average selling prices with lower costs and complete the year with an overall EBITDA margin similar to that of 2018.”

    Source : Strategic Research Institute
    Bijlage:
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