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Aandeel Aperam AEX:APAM.NL, LU0569974404

  • 27,440 18 apr 2024 17:35
  • +0,160 (+0,59%) Dagrange 27,160 - 27,440
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Diverse nieuws items

1.623 Posts
Pagina: «« 1 ... 66 67 68 69 70 ... 82 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 22 oktober 2019 19:25
    BHP Q3 Nickel Production Update

    Nickel West production increased by one per cent to 22 kilo tonne, reflecting higher volumes at the Kalgoorlie smelter following the fire in September 2018.

    Major quadrennial maintenance shutdowns at the Kwinana refinery and the Kalgoorlie smelter are scheduled for the December 2019 quarter. Guidance for the 2020 financial year remains unchanged, with production expected to be broadly in line with the 2019 financial year.

    Source : Strategic Research Institute
  2. forum rang 10 voda 22 oktober 2019 19:44
    Nickel Price Likely to Recover

    Nickel mining was in the doldrums for years but it rebounded in early September, to a five-year high above USD 18,000 per tonne, up by 69% since the start of the year, when it was trading at USD 10,604. Supply fears came to the fore last month after Indonesia announced it would ban nickel ore exports from 2020 as it develops an electric battery industry backed by Chinese stainless steel giant Tsingshan Group. But those concerns have since been overtaken by the economic uncertainty caused by the US-China trade war and China's slowing economy causing prices to slip below USD 17,000. However, prices could be set to rise again with stocks at the London Metal Exchange sitting at a six-year low, down 40 per cent since the start of October ahead of the Indonesian export ban.

    Investment firm Paradigm Capital said in a research note that current inventories are enough to cover roughly one week of consumption, which we characterize as critically tight.

    Source : Strategic Research Institute
  3. forum rang 10 voda 23 oktober 2019 16:37
    India Starts CVD Probe on Flat Stainless Steel from Indonesia

    India has begun an anti-subsidy investigation into flat stainless steel products imported from Indonesia. India’s Director General Trade Remedies Vide Initiation Notification Case No. 01 (CVD)- 05 /2019 on 18th October announced the probe, based on a petition from Indian Stainless Steel Development Association, Jindal Stainless Limited, Jindal Stainless (Hisar) Limited and Jindal Stainless Steelway Limited.

    Product under consideration - The product under consideration in the present investigation is “Flat Rolled Products of Stainless Steel, excluding the following
    a. Blade Steel, or commercially known as razor blade grade steel used in the production of razor
    b. Coin Blank falling under 73269099 used in the production of monetary coins.

    Product under consideration can be transacted in a number of different forms, such as coils, sheets, plates, circles, strips or otherwise. All forms of the product are within the scope of the product under consideration.

    The product under consideration falls under customs sub-heading nos. 7219 and 7220 of Chapter 72 of the Customs Tariff Act, 1975. The classification is, however, indicative only and in no way binding on the scope of the present investigations.

    The period of investigation in the present investigation is April 2018- March 2019. The injury investigation period will, however, cover the periods 2015-16, 2016-17, 2017-18 and the period of investigation.

    Incidentally, on 3rd July 219, DGTR has initiated anti-dumping investigation concerning imports of Flat Rolled Products of Stainless Steel from China PR, Korea RP, European Union, Japan, Taiwan, Indonesia, USA, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, Vietnam and Malaysia.

    Source : Strategic Research Institute
  4. forum rang 10 voda 30 oktober 2019 19:31
    Nickel Climbs as Indonesia Blocks Exports

    Nickel prices rose as top producer Indonesia said it would temporarily stop ore exports ahead of a ban due to come into force next year. Benchmark nickel on the London Metal Exchange ended up 1.1% at USD 16,830 a tonne. Capital Economics analyst Kieran Clancy said “Nickel is already up more than 50 per cent this year and traders have factored in the end of Indonesian exports, so news of more stoppages was not enough to move prices significantly.”

    On-warrant nickel stocks in LME-registered warehouses have plunged to 30,300 tonnes from more than 110,000 tonnes in August, the lowest since 2007.

    Source : Strategic Research Institute
  5. forum rang 10 voda 30 oktober 2019 19:33
    Indonesia Stops Nickel Ore Exports

    Indonesian nickel producers agreed on Tuesday to immediately cease ore exports, two months earlier than the scheduled date of January 1, 2020 the government's announced last month, a deadline already brought forward by two years. Mr Prihadi Santoso, chairman of the Processing and Smelting Companies Association (P3I welcomed the agreement to halt nickel ore exports and said local smelters were committed to buy up all the ore. He said "We have met and we are united. We only want the Republic of Indonesia to succeed. This is a time to stop exporting and to manage our resources domestically.”

    Indonesia implemented an ore export ban in 2014 only to reverse course and relax it in 2017, when the government said companies would have five years to prepare and start building homegrown smelters. The government said the decision is aimed at speeding up smelter construction in the country, which has almost a quarter of all nickel reserves

    Indonesia currently has 14 operating nickel smelters and 27 under development.

    Source : Strategic Research Institute
  6. forum rang 10 voda 1 november 2019 16:07
    Brazil Ends Anti-Dumping Duty on Cold-Rolled Stainless Steel Imports from Vietnam

    The Trade Remedies Authority of Vietnam under Ministry of Industry and Trade reported the Brazilian Ministry of Economy has decided to terminate anti-dumping duties on cold-rolled stainless steel imported from Germany, Finland, the Republic of Korea and Vietnam. Under its sunset review’s conclusion, the anti-dumping measures will be extended for steel sheets purchased from China and Taiwan for five years. The products subject to the anti-dumping duty are coded 7219.32.00, 7219.33.00, 7219.34.00, 7219.35.00 and 7220.20.00.

    On October 3, 2018, Brazil initiated the sunset review after receiving petition from domestic steel producer Aperam Inox America do Sul S.A.

    Earlier in 2012, Brazil launched an anti-dumping investigation into imports of cold-rolled stainless steel sheets from the six countries and territory. Accordingly, authorities in the American nation decided to impose a definitive anti-dumping tax ranging from 616.67 to 705.61 USD per tonne for Taiwanese exporters, from 1,030.2 to 1,076.86 USD for Finnish exporters, 952.9 USD for German exporters, from 267.84 to 940.47 USD for RoK exporters, and 568.27 USD for Vietnamese exporters. The duties entered into forced on October 4, 2013 for a period of five years.

    Source : VNA
  7. forum rang 10 voda 1 november 2019 19:18
    Indonesia Probing Surge in Exports of Nickel Ore

    Straits Times reported that Indonesia is probing a sudden surge in nickel ore exports and has told miners to suspend them. The world's biggest nickel ore producer is looking into whether the exports comprised only unprocessed low-grade mineral, defined as below 1.7% nickel. The country has banned all exports of higher-grade ore and is allowing only the export of low-grade mineral until the year-end, in its attempt to get miners to build nickel smelters and thus expand local processing capacity. Indonesia, which limits exports by allocating strict quotas to eligible miners, has long required higher-grade nickel ore to be processed at domestic smelters.

    Mr Bahlil Lahadalia, chief of the investment coordinating board, said the country's nickel miners agreed on Monday to stop nickel ore exports immediately.

    Source : Straits Times
  8. forum rang 10 voda 1 november 2019 19:19
    Philippine Nickel Miners to Benefit from Indonesian Nickel Ore Export Ban

    After Indonesia announced that it will suspend nickel ore exports for the rest of the year, nickel ore producers in the Philippines are expected to get a boost. Timson Securities Inc Equity Trader Mr Jervin S de Celis said “Indonesia’s nickel ore export ban will benefit Philippine nickel ore miners. The move of Indonesian government in the ban of nickel exports will cause the price of the metal rise in the world market and that may translate to higher revenues for Nickel Asia, Global Ferronickel and other nickel-exporting firms from the Philippines.”

    Indonesia suspended nickel ore exports immediately, as the country aims to become a processor of its mineral resources. Indonesia was the top nickel-producer in 2018 with 560,000 tonnes, followed by the Philippines, with 340,000 tonnes. Both Indonesia and the Philippines’ top export market for the mineral is China.

    Source : Bworld Online
  9. forum rang 10 voda 1 november 2019 19:20
    Scientists to Study Pollution in Ramu Nickel Mine in PNG

    The governor of Papua New Guinea's Madang province has invited the government to join a team of European scientists set to study pollution around the Ramu nickel mine. The scientists have been invited by the Lutheran Church to test water and soil quality, as well as plants, animals and marine life. The governor, Mr Peter Yama, said the Environment Protection Authority, university researchers, government scientists and mine officials should join the scientists.

    The provincial government has banned fishing and the consumption of fish in the area after a slurry spill in August from the mine's refinery.

    The mine was closed last week by the government but allowed to reopen after rectifying problems identified by PNG's minerals authority.

    Source : RNZ
  10. forum rang 10 voda 1 november 2019 19:21
    Indonesian Nickel Ore Ban- Wood Mackenzie

    Wood Mackenzie in a recent report said that on 30 August 2019 the Indonesian government announced that a ban on nickel ore exports would come into effect on 1 January 2020, two years ahead of its planned date. The news caused an immediate price spike. And while this retreated as the market took a more measured view of the nickel outlook, there is little doubt that the ban will have significant implications for NPI supply in the coming years.

    Wood Mackenzie sees two main drivers shifting the ban forward

    1. The export ban will help to preserve Indonesia’s nickel ore resource base for its rapidly growing NPI and stainless steel melting industries.

    2. The ban was put in place following Indonesia’s relaxation of a previous ore export ban in 2017, which only allowed nickel ore export of a grade below 1.7%. The recent development of new high pressure acid leach projects means Indonesia can now process lower grade ore domestically, with a view to meeting electric vehicle battery raw material demand.

    It said “China is the primary importer of Indonesian ore. We estimate that Indonesia will supply around 350 kt of nickel to China in 2019, around 40% of its total ore imports. We don’t expect a ‘hard stop’ in January 2020 as the ban comes into effect. Instead, we anticipate that around 80 kt will flow into China from nickel ore dispatched in December 2019, a similar level to what was seen after the first export ban in 2014. Nonetheless, this is a significant drop in feed supply to Chinese NPI smelters, which will limit production.

    It added “The Philippines is typically viewed as the main potential source of additional ore. When the first ore export ban was put in place in 2014, the Philippines significantly raised its exports to China. This was mainly achieved through increased production from mines in the Autonomous Region in Muslim Mindanao and in particular from Tawi-Tawi. As it stands, we expect Philippine exports to remain at 295 kt from 2020 onwards, excluding the Tawi-Tawi region. Tawi-Tawi shipped around 96 kt Ni in ore to China in 2018, and year-to-date data indicates a similar level in 2019. You can read an overview of our forecast for this region in our recent insight.”

    It also said “The Philippines is not the only ore-exporting country, of course. New Caledonia, for example, is ramping up its exports to 4 Mwt from 1.57 Mwt in 2018. However, New Caledonia, along with Guatemala, Turkey and Albania, are comparatively small suppliers.”

    Source : Strategic Research Institute
  11. forum rang 10 voda 4 november 2019 17:08
    Norilsk Nickel Places USD 750 Million Eurobond Offering

    PJSC MMC Norilsk Nickel announced the closing of its USD 750 million Eurobond offering maturing in October 2024 with an annual coupon rate of 3.375%. The proceeds from the issue will be used for general corporate purposes. The offering was anchored by high quality investors with international accounts from Asia, UK, Continental Europe and the US taking the major part of allocations. The transaction marks the successful return of Norilsk Nickel to the international debt markets, after its last issuance in 2017, with the lowest coupon ever achieved by Norilsk Nickel on a USD transaction.

    Citigroup Global Markets Limited, JP Morgan Securities plc and Société Générale acted as Global Coordinators of the offering. Bank GPB International SA, ING Bank NV London Branch, Sberbank CIB (UK) Limited, VTB Capital plc and the Global Coordinators acted as Managers of the offering. Debevoise & Plimpton LLP acted as Legal Advisor to the Company and Linklaters LLP acted as the Managers’ Legal Advisor.

    Source : Strategic Research Institute
  12. forum rang 10 voda 4 november 2019 17:09
    FPX Nickel Commences Leach Testing of Nickel Concentrates

    FPX Nickel Corp reported that it will undertake pressure leaching test work to evaluate the amenability of leaching high-grade nickel concentrates from its 100% owned Decar Nickel District. If successful, this test work will position Decar as a potentially significant supplier of nickel for the electric vehicle battery market. As described in the Company’s news release dated August 6, 2019, metallurgical testing conducted during 2018 and 2019 confirmed that a conventional processing flowsheet using grinding, magnetic separation and flotation will consistently produce clean nickel concentrates grading 60-65% nickel. Concentrate production has been completed by ALS Metallurgy of Kamloops, British Columbia, using a 600 kilogram sample comprised of core sample reject material from four drill holes completed in 2012 and 2017 in the southeastern portion of the Project’s Baptiste Deposit.

    The high-grade nickel concentrate produced during the 2018/19 test program is notable for its extremely high metal content and low level of impurities. Elemental analysis of the concentrate confirms that there are no deleterious or penalty elements that would render the product technically unacceptable for application in traditional ferronickel and stainless steel processing circuits.

    Leach testing will be undertaken at Sherritt Technologies in Fort Saskatchewan, Alberta and will consist of industry-standard pressure oxidation tests to evaluate key metallurgical inputs to maximize the recovery of nickel from the nickel concentrates. Test results are expected to be received in January 2020.

    Source : Strategic Research Institute
  13. forum rang 10 voda 5 november 2019 20:17
    A Chinese Steel Giant Is Upsetting the Global Nickel Market

    The company founded by billionaire Xiang Guangda and He Xiuqin has transformed the stainless steel industry this century. Now, it’s upending the nickel market.

    Behind one of China’s biggest industrial companies is a husband and wife team that reinvented how to make stainless steel.

    With cheaper production techniques, Xiang Guangda and his wife He Xiuqin helped change the industry in less than two decades — turning Tsingshan Holding Group Co. into a company that churns out a fifth of the world’s stainless steel and creating a billion-dollar fortune. Now it’s making waves in a different market: the London Metal Exchange.

    While Tsingshan and the couple keep a low public profile, they were the talk of LME Week in London, with traders speculating on the company’s role in drawing down large quantities of metal from warehouses tracked by the LME. Tsingshan, which is privately held, says it needs the material to feed factories in China when Indonesia shuts off exports of nickel ore in January.

    “There are more conspiracy theories than dinner attendees regarding what is happening in the nickel market,” Malcolm Freeman, a director at Kingdom Futures, said in an email after the annual LME Dinner in London.

    In the span of two months, more than half of the nickel in the exchange network — a system designed as a last-resort for traders and hedgers — has been withdrawn, with Tsingshan said to be a key driver behind the decline in stockpiles. Inventories are the lowest in 11 years and nickel prices are up 56% this year.

    relates to A Chinese Steel Giant Is Upsetting the Global Nickel Market
    The site of one of Tsingshan's battery nickel projects in Indonesia.Source: Hall, Tom
    Other indicators suggest there’s plenty of supply in the physical market. For example, LME nickel prices now exceed those in China, the world's top consumer of the metal, for the first time in data going back to 2015.

    The LME opened a review last month into trading in the nickel market, asking members for more details of “significant client activity.” The exchange may open a formal investigation into the issue if it finds evidence of any rule violations, said a person familiar with the matter, who asked not to be identified. No one has been accused of any wrongdoing.

    London Metals Exchange Extend Ring-Trading Sessions
    The open outcry pit at the London Metal Exchange.Photographer: Jason Alden/Bloomberg
    Xiang and He declined to be interviewed for this story, but Tsingshan did provide written replies to questions. Xiang is chairman, while He is a director and the biggest shareholder in Golden Harbour International Pte., the company’s Singapore unit. Tsingshan isn’t a member of the LME.

    Xiang and He got their big break in the late 1980s with a business making frames for car doors and windows in China’s eastern city of Wenzhou. In 1992, they moved into stainless steel, an alloy of iron, chromium and other metals like nickel. As China’s economy steamed ahead, the business grew quickly. In 1998, the company was named Tsingshan, which means “green mountain.”

    “Tsingshan just stands out for being fearless”

    “The company focused on bringing down production costs from the very start,” said Celia Wang, a former Tsingshan employee who’s currently an analyst at Grand Flow Resources Co. in Shanghai. “Tsingshan made a great contribution in China by making stainless steel-made products affordable to more ordinary people.”

    Tsingshan is credited with pioneering the large-scale use of nickel pig-iron, a semi-refined product that’s a low-cost alternative to pure nickel, to make stainless steel. The major innovation was the rotary-kiln furnace, which allows ore to be processed, smelted and channeled into stainless steel furnaces in a continuous hot flow.

    Another driver of the company’s success was the decision to invest in Indonesia during the 2000s. At the time, the country’s nickel reserves were unproven, making it a risky move. Now, Indonesia is the world’s largest nickel producer, and Tsingshan runs nickel pig-iron plants and a stainless steel complex in Sulawesi. By building efficient plants close to nickel mines, they pulled costs below even the levels achieved in China.

    One Fifth
    In July, Indonesian President Joko Widodo held a meeting with Xiang and and other Chinese executives at a presidential palace. Xiang offered “several policy suggestions” on improving Indonesia’s business environment and briefed the group on plans to expand Tsingshan’s total investment in the country to $15 billion, including a plant making nickel chemicals for electric-car batteries, according to a press release from the company. Two months later, Indonesia announced it would bring forward a ban on nickel ore exports by two years.

    “Tsingshan just stands out for being fearless and with a strong vision,” said Jim Lennon, managing director of Red Door Research Ltd. and a veteran of the nickel market. “They were a small producer in Wenzhou in the 2000s and then just suddenly took off, which was in no small part due to the leadership of Chairman Xiang and his foresight.”

    Source : Bloomberg
  14. forum rang 10 voda 7 november 2019 13:55
    Indonesië heft exportverbod voor nikkelerts op -media

    (ABM FN-Dow Jones) Indonesië heeft het tijdelijke exportverbod op nikkelerts opgeheven. Dit meldde persbureau Bloomberg donderdag.

    Bedrijven die voldoen aan alle regels kunnen de export onmiddellijk hervatten.

    Indonesië wilde een exportstop van nikkelerts om na te gaan of de exporteurs zich wel aan de regels hielden.

    Het exportverbod zou in 2020 permanent worden.

    De aankondiging van de maatregelen zorgde ervoor dat de prijs van nikkelerts in september naar het hoogste niveau sinds 5 jaar steeg.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright ABM Financial News B.V. All rights reserved.
  15. forum rang 10 voda 7 november 2019 20:13
    Indonesia Requests Mr Xi Jinping to Roll Back Stainless Steel Import Tariffs

    The Jakarta Post reported that Indonesia’s Coordinating Maritime Affairs and Investment Minister Mr Luhut Pandjaitan has asked Chinese President Mr Xi Jinping to consider reducing import tariffs on Indonesian steel on the sidelines of the China International Import Expo in Shanghai. He said “During the brief meeting, I voiced my concern regarding the current state of Indonesian exports. I asked Xi Jinping to be lenient or even to roll back the steel import tariffs. President Xi Jinping said he would consider it.”

    China imposed anti-dumping duties on stainless steel imports from the European Union, Japan, South Korea and Indonesia in July. The duties range from 18.1 to 103.1 percent on all stainless steel billets and hot-rolled stainless steel plates.

    Source : The Jakarta Post
  16. forum rang 10 voda 8 november 2019 09:41
    Acerinox koopt VDM Metals

    FONDS KOERS VERSCHIL VERSCHIL % BEURS
    Acerinox SA
    9,364 -0,08 -0,85 % Bolsa de Madrid

    (ABM FN-Dow Jones) Het Spaanse Acerinox heeft een akkoord bereikt over de overname van het Duitse VDM Metals van Lindsay Goldberg Vogel. Dit maakte de fabrikant van roestvast staal vrijdag bekend.

    Met de overname van de fabrikant van gespecialiseerde nikkellegeringen is een waardering van 532 miljoen euro gemoeid. Acerinox waardeert VDM op een verhouding tussen ondernemingswaarde en EBITDA van 5,5, voor synergieën.

    Door de overname van VDM rekent Acerinox op een 20 procent hogere omzet en EBITDA.

    Toezichthouders moeten nog wel goedkeuring geven voor de overname. Acerinox denkt de acquisitie aan het einde van het eerste kwartaal van 2020 te kunnen afronden.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright ABM Financial News B.V. All rights reserved.
  17. forum rang 10 voda 12 november 2019 19:51
    Nickel Prices Decline at LME as Indonesia Resumes Nickel Ore Exports

    Nickel prices fell on Monday as stocks in China's exchange warehouses rose to 18 months high and top ore producer Indonesia resumed exports. Cash nickel on the London Metal Exchange declined 2.8% to USD 15,720 a tonne while the most-traded nickel contract on the Shanghai Futures Exchange fell 1.9% to CNY 124,180.

    Data on Friday showed nickel inventories in warehouses tracked by ShFE rose to their highest since the week ended June 1, 2018 at 30,831 tonnes, easing worries that supply is tight. Last week, Indonesia said it had allowed some nickel ore exporters to resume shipments following a temporary halt to investigate reports of violations.

    Source : Strategic Research Institute
  18. forum rang 10 voda 14 november 2019 20:26
    China Molybdenum to Take Stake in Indonesia Nickel Project

    Reuters reported that China Molybdenum Co plans to take an indirect 30% stake in an Indonesian nickel project as it looks to increase its exposure to the growing market for battery metals. China Moly will pay about USD 5 million for the stake, but it will also take over investment commitments in the USD 1.28 billion project from the sellers Hong Kong-based private investment firm Newstride Ltd and Indonesia Morowali Industrial Park. After a capital injection of USD 69 million in the Huayue venture, China Moly’s indirect stake will rise to 30%. Zhejiang Huayou will hold 57% through a wholly-owned unit, while Chinese nickel and stainless steel giant Tsingshan Holding Group will have 10% through a subsidiary.

    China Moly, which already operates one of the world’s biggest cobalt mines in the Democratic Republic of Congo, said it would initially acquire a 21% interest in the Huayue Nickel Cobalt joint venture, which plans to produce 60,000 tonnes a year of mixed nickel hydroxide cobalt.

    The planned Huayue project on the island of Sulawesi is one of a series of Chinese-invested nickel smelting projects in Indonesia, which banned nickel ore exports from 2020 as it seeks to process more resources at home. The plant is one of a number of high-pressure acid leach (HPAL) projects being built in Indonesia that have drawn industry attention due to their low budget projections and short delivery times.

    Source : Reuters
  19. forum rang 10 voda 18 november 2019 19:27
    Indonesian Nickel Miners Backing Nickel Ore Export Ban Plans

    Nickel mining and smelting companies have agreed to support the government’s plan to ban nickel ore exports from January 2020 onward, as stipulated in an Energy and Mineral Resources Ministry regulation. Investment Coordinating Board BKPM chairman Bahlil Lahadalia last week said that BKPM had facilitated a meeting between the Indonesian Nickel Mining Association and the Processing and Smelting Companies Association to resolve their differences on the nickel ore export ban. He aid "The meeting concluded that nickel mining companies and smelting companies in Indonesia have agreed that we do not want to export nickel ore beginning January 2020.”

    Mr Bahlil alo said the two associations had agreed that nickel ore would be sold to local companies at the international price of USD 27-30 per tonne on a free-on-board basis.

    Source : Strategic Research Institute
1.623 Posts
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