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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,550 25 apr 2024 09:47
  • -0,090 (-0,38%) Dagrange 23,500 - 23,690
  • 311.746 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1112 1113 1114 1115 1116 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 13 december 2019 15:13
    2 Environmental Groups sue ArcelorMittal Burns Harbor Steel Mill over Chemical Spill in Lake Michigan

    The Environmental Law and Policy Center and Hoosier Environmental Council filed the lawsuit in federal court against ArcelorMittal Burns Harbor for allegedly violating the Clean Water Act by discharging impermissible levels of cyanide and ammonia in August into the East Arm of the Little Calumet River, which flows directly into Lake Michigan, which forced nearby beaches to shutter and kept visitors away from the newly designated Indiana Dunes National Lakeshore. The suit calls for fines and penalties sufficiently large to change ArcelorMittal's environmental practices and modernize the company's equipment and operations to better reduce pollution damages going forward.
    Environmental Law and Policy Center executive director Mr Howard Learner said “ArcelorMittal's toxic spill and permit infractions harm the environment, kill fish and endanger safe drinking water. ArcelorMittal should be held fully accountable for its pollution that harms local communities, the Lake Michigan shoreline and nearby waters, and the aquatic life and ecosystem of Northwest Indiana.”

    Hoosier Environmental Council Director Indra Frank said “The community cannot continue waiting for the state and federal governments to act in the face of repeated, illegal damage to Lake Michigan. The damage has to stop for the sake of everyone who gets their drinking water from the lake; everyone who swims, fishes, or boats in the Lake; and the wildlife that make their home in the Lake.”

    At Burns Harbor, a failure in a blast furnace wastewater recycling system on August 11 caused the release of cyanide and ammonia into the Little Calumet River’s east branch, which feeds into Lake Michigan. After test results were definitive, the steelmaker publicly acknowledged its responsibility days later. The spill killed 3,000 fish, closed two beaches and caused Indiana American Water to idle its Ogden Dunes treatment plant as a precaution.

    ArcelorMittal has nearly 3,400 workers on a nearly 2,000 acre swath along Lake Michigan, about 20 miles southeast of Chicago.

    Source : Strategic Research Institute
  2. forum rang 10 voda 13 december 2019 15:14
    WPI Researcher Uses Corrosion Test Chamber to Simulate Road Salt Impacts on Future Car Designs

    A Worcester Polytechnic Institute professor, in collaboration with national laboratories and a global auto parts supplier, is testing a new type of welding that may make the joint between light metal alloys more resistant to corrosion, including salt spray, leading to future designs of durable, next-generation metal car joints used in ultra-light car doors and other vehicle body applications. Mr Adam Powell, associate professor of mechanical engineering, said that “The auto industry is seeking to reduce the weight of cars and trucks while maintaining the lifespan of a car. One of the ways to do that is to use advanced lightweight materials such as aluminium and magnesium alloys. The researchers are testing to determine if a new type of welding known as friction stir welding reduces corrosion in aluminium-magnesium alloy joints. Currently, any joint involving direct contact between different metals tends to suffer from galvanic corrosion. We’re trying to show that corrosion can be much less of a problem with this new type of welding. We think that this process holds a lot of promise and could make a significant impact on energy use in motor vehicles without reducing the lifespan of a car.”

    Under the research plan, Magna provides aluminum and magnesium metals to PNNL, which welds the materials. PNNL then ships the welded parts to WPI, which conducts corrosion and mechanical testing. WPI then sends much of its tested samples to ORNL, which oversees advanced analysis on the welds.

    WPI is currently conducting a series of experiments in a lab using a piece of equipment known as a cyclic corrosion test chamber, which stands about three feet tall and resembles a tanning bed. Powell and his research team place the small sections of welds in rows inside the chamber. The welds are then exposed to a variety of corrosive environments, including salt spray, high temperatures up to 140 degrees Fahrenheit, and high humidity.

    As a result of the research, Powell and his team aim to show that the new welding process will lead to more durable subassemblies made of the two dissimilar metals. Benefits include lighter vehicles, reduced fuel consumption for gas-powered cars, and longer range for electric cars.

    Source : Strategic Research Institute
  3. forum rang 10 voda 13 december 2019 15:15
    Wollongong City Targets Net Zero Emissions by 2050

    Wollongong City Council has agreed to target net zero emissions by 2030. The Council voted unanimously in favour of the 2030 target and for the much more significant and ambitious target of zero emissions by 2050 for the entire local government area. The latter target will be reviewed in five years with a view to reducing the timeline from 2050 to 2030, in line with Council’s target. For Wollongong, which hosts Bluescope’s Port Kembla steelworks, industry is by far and away the biggest contributor to the regional centre’s greenhouse gas emissions, at 70 per cent. Residential accounts for 25 per cent and council a tiny 5 per cent.

    To meet the target for its own operations, Wollongong council says it will work to slash landfill emissions, which account for 85 per cent of the local government’s carbon footprint, including via plans to build a gas-to-power plant at the City’s Whytes Gully tip.

    Also under consideration is the development of a second 1MW renewable energy unit at Whytes Gully, the installation of solar panels across Council buildings and the adoption of alternate fuel vehicles, which council says could altogether deliver an 88 per cent reduction in emissions.

    Wollongong will also join the Cities Power Partnership Program, a network of local government organisations working together to transition to clean energy, administered by the Climate Council, to help meet its obligations under the Global Covenant of Mayors for Climate and Energy.

    Source : Strategic Research Institute
  4. forum rang 10 voda 13 december 2019 15:23
    Mr Detlef Schotten appointed as CEO of thyssenkrupp Schulte

    Mr Detlef Schotten will become Chairman of the Board of Management of thyssenkrupp Schulte, the German subsidiary of the materials distribution and service provider thyssenkrupp Materials Services, on January 1, 2020. His predecessor Mr Martin Stillger has been appointed Chairman of the Executive Board of thyssenkrupp Materials Services effective December 6, 2019. At the same time Mr Schotten will also take over responsibility for the Western Europe operating unit from Stillger.

    The 58-year old Mr Schotten has more than 25 years of experience in various management and executive functions at thyssenkrupp: After a number of positions in sales and management, Mr Schotten was appointed Chief Executive Officer of the European steel service group in 2009. In 2012 he became Chief Operating Officer for the German business of the materials distributor, which also includes thyssenkrupp Schulte. Afterwards he took over the central product management and supply chain operations of thyssenkrupp Materials Services in 2015. Most recently, Schotten was Chief Executive Officer of the Eastern Europe and Asia/Pacific operating unit of thyssenkrupp Materials Services since the beginning of 2019.

    In addition to Detlef Schotten, Dr Tobias Hegmanns will also join thyssenkrupp Schulte as Chief Operating Officer as of January 1, 2020. Hegmanns has been responsible for the global supply chain management unit of thyssenkrupp Materials Services since 2016 and the central technology, innovation & sustainability function since 2019. Before joining thyssenkrupp, the mechanical engineer worked at the Fraunhofer Institute for Material Flow and Logistics in Dortmund, where he was Academic Director and Deputy Head of the Chair of Corporate Logistics at TU Dortmund. He succeeds Andreas Zinke, who will move to thyssenkrupp AG at the same time to head the central controlling, accounting & risk department.

    In addition to Detlef Schotten and Dr. Tobias Hegmanns, Michael Labodt as Chief Sales Officer and Peter Zarth as Chief Financial Officer form the Management Board of thyssenkrupp Schulte.

    Source : Strategic Research Institute
  5. forum rang 10 voda 13 december 2019 15:23
    Liberty Steel Welcomes Green Deal

    Liberty Steel Continental Europe CEO Mr Jon Bolton said “The successful delivery of Liberty Steel Group’s strategy to be net carbon neutral by 2030 and the development of a sustainable European steel industry will require significant investment as well as sustained, consistent support from Governments across the EU. The Green Deal has the potential to create the right framework to support this transformation. We also welcome the Commission’s proposal for a carbon border adjustment mechanism as, combined with existing tools such as free allocations; it will help European producers who are operating at a huge commercial disadvantage to those which are able to import low-cost steel without any respect for European climate policies. We will review the more detailed proposals with interest when they are available.”

    He added “We look forward to working with the European Commission and others to deliver the Green Deal.”

    Source : Strategic Research Institute
  6. forum rang 10 voda 13 december 2019 15:24
    thyssenkrupp to Continue Profitable Growth in Elevator Business

    At a Capital Markets Day in London today, the elevator management team of , thyssenkrupp Elevator led by CEO Mr Peter Walker presented their strategy and targets for the coming years to more than 100 investor representatives and analysts. The targets foresee low to mid single digit exchange rate adjusted growth for the fiscal years 2019/20 and 2020/21. Improving operating performance is at the core of the new strategy, with a targeted increase in the adjusted EBIT margin of 11.5 to 13.0 percent by fiscal year 2020/21. thyssenkrupp Elevator aims to achieve these targets by further standardizing products and optimizing the production network. In addition, thyssenkrupp Elevator plans to further expand and improve its service business while reducing complexity by streamlining the administration globally.

    thyssenkrupp Elevator AG CEO Mr Peter Walker said “The global market for elevators and escalators is highly attractive. We expect that the market is growing long-term and has proven resilient against cyclical fluctuations. As one of the world’s leading suppliers with a strong focus on the service business, we believe thyssenkrupp Elevator is in an excellent position to benefit sustainably from this expanding market. We have defined specific levers how to drive the profitability of our businesses. Now it’s on us executing on this plan.”

    The leadership trio’s main goal is to increase efficiency and thus improve margins. A number of different interlinked measures are designed to help achieve this:

    Standardizing the product offering: By further harmonizing the product portfolio thyssenkrupp Elevator aims to reduce complexity and increase competitiveness. These measures are designed to enable thyssenkrupp Elevator to drive sales.

    Optimizing manufacturing: thyssenkrupp Elevator continues to work on the transformation of the production network. While factories in Asia and South America are already operating on track with high flexibility and focused production setup, facilities in North America and Europe need further optimization.

    Expanding and further developing the service business: The focus is on expanding what is thyssenkrupp Elevator’s most vital product – the service business – as well as improving processes and optimizing customer service. The IoT application MAX provides a digital solution that helps to boost efficiency and offer customers new, digital services.

    Streamlining administration: Over the next three years, we target total gross savings of approximately €80 million globally by implementing shared service centers, optimizing IT and increasing organizational efficiency.

    Source : Strategic Research Institute
  7. forum rang 10 voda 13 december 2019 15:24
    Severstal, RUSNANO and Windar Renovables JV to Produce Towers for Siemens Gamesa

    Severstal, RUSNANO Management Company and Windar Renovables SL joint venture VRS Towers LLC has qualified as the official supplier of towers for Siemens Gamesa wind turbines. An additional production line was introduced at the enterprise to organize serial production of a new type of tower. By the end of the year, it is planned to manufacture more than 10 products for Siemens Gamesa, and by the end of 2020 more than 85. The towers manufactured in Taganrog will be used in the construction of the Azov Wind Farm with an installed capacity of 90 MW in the Rostov Region and the Kola Wind Farm in the Murmansk Region with an installed capacity of 201 MW, which are planned to be launched in 2020 and 2021, respectively.

    The partnership will become part of the Siemens Gamesa wind turbine localization program in Russia. Under the program of contracts for the supply of power, the towers provide 13% of the localization of wind turbines from the established level of 65%. Siemens Gamesa acts in Russia as a supplier of wind turbines for projects of the generating company Enel Russia.

    The VRS Tower LLC plant was launched on December 13, 2018 in Taganrog, Rostov Region. The transfer of wind turbine tower production technology to Russia was carried out by the Spanish Windar Renovables. The design production capacity of the enterprise is up to 300 MW per year and will reach this level by the end of 2020. In the first year of operation, the company manufactured more than 80 towers for Russian wind generation projects.

    Source : Strategic Research Institute
  8. forum rang 10 voda 13 december 2019 15:25
    thyssenkrupp in talks with Tesla about German Factory

    Handelsblatt reported that Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin. Thyssenkrupp board member Mr Klaus Keysberg told Handelsblatt editor-in-chief Mr Sven Afhüppe at Handelsblatt-Industriegipfel "We are in discussions about the implementation of certain services."

    Tesla boss Mr Elon Musk announced a few weeks ago that he would set up a factory for electric cars in the Grünheide region. The construction of the Tesla gigafactory is due to start already in the spring of 2020. 100,000 vehicles are expected to roll off the production line from 2021 and from there onwards, they will increasingly compete with manufacturers in Germany, who are increasingly focusing their portfolio on e-vehicles themselves.

    Source : The Handelsblatt
  9. forum rang 10 voda 16 december 2019 08:12
    Aperam wil in 2050 CO2-neutraal zijn in Europa

    Gepubliceerd op 16 dec 2019 om 08:06 | Views: 0

    Aperam 13 dec
    28,02 0,00 (0,00%)

    LUXEMBURG (AFN) - Roestvrijstaalproducent Aperam wil zijn Europese activiteiten in 2050 CO2-neutraal laten produceren. In verband met die ambitie voor de lange termijn heeft het beursgenoteerde concern nieuwe milieudoelstellingen bekendgemaakt.

    In 2030 wil het bedrijf al 15 procent van zijn CO2-uitstoot hebben teruggedrongen vergeleken met de emissie in 2015. Daarnaast moet het energieverbruik dan met 11 procent zijn afgenomen en het waterverbruik met 40 procent. Deze doelen vervangen eerdere doelen voor het jaar 2020. Er is niets naar buiten gebracht over eventuele financiële gevolgen.
  10. forum rang 10 voda 16 december 2019 12:57
    ArcelorMittal rondt overname Essar af

    FONDS KOERS VERSCHIL VERSCHIL % BEURS
    ArcelorMittal
    16,70 0,424 2,61 % Euronext Amsterdam

    (ABM FN-Dow Jones) ArcelorMittal en Nippon Steel hebben de overname van Essar Steel India afgerond. Dit maakten de staalbedrijven maandag bekend.

    Vanwege de overname werd tegelijk de joint venture ArcelorMittal Nippon Steel India opgericht. Hierin heeft Arcelor een belang van 60 procent en Nippon 40 procent. Aditya Mittal, CFO bij ArcelorMittal, wordt voorzitter van de joint venture. Hij noemde de overname van Essar een "belangrijke strategische stap" voor ArcelorMittal, mede omdat de Indiase staalmarkt zo aantrekkelijk is.

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

    © Copyright ABM Financial News B.V. All rights reserved.
  11. forum rang 10 voda 16 december 2019 16:22
    Winstwaarschuwing voor staalmaker Voestalpine

    Gepubliceerd op 16 dec 2019 om 15:22 | Views: 778

    ArcelorMittal 16:03
    16,81 +0,53 (+3,28%)

    WENEN (AFN/BLOOMBERG) - Staalfabrikant Voestalpine heeft zijn winstverwachting voor het hele jaar verder opnieuw verlaagd. De Oostenrijkers blijven kampen met uitdagende marktomstandigheden. Het concern gaat nu uit van een bedrijfsresultaat dit boekjaar van 1,2 miljard euro. Eerder werd rekening gehouden met een bedrag van 1,3 miljard euro.

    Voestalpine heeft inmiddels al een aantal keren gewaarschuwd voor de negatieve impact van het handelsconflict tussen China en de Verenigde Staten en de gevolgen voor de wereldwijde economie. Ook voelt het bedrijf de verslechtering in de Europese auto-industrie en de onzekerheden rondom de brexit.

    Voestalpine stelt verder bij de komende aandeelhoudersvergadering het dividend te verlagen.
  12. forum rang 10 voda 16 december 2019 16:39
    ArcelorMittal Starts Paying for Essar Steel Acquisition

    Media reported that ArcelorMittal has initiated payment for acquisition of Essar Steel for INR 42,000 crore. Reports quoted sources as saying that "ArcelorMittal has arranged the entire amount of INR 42,000 crore which is likely to be transferred to State Bank of India, the lead banker to take control of Essar Steel under the Insolvency and Bankruptcy Code.”

    The repayment comes almost a month after the November 15th Supreme Court verdict, which paved the way for ArcelorMittal to takeover Essar Steel and also upheld the primacy of financial creditors over other classes of creditors. The closing of the transaction will bring to an end the more than 800-day-long corporate insolvency resolution process. Essar was admitted to the National Company Law Tribunal on August 2, 2017.

    Essar Steel will be jointly owned and operated by ArcelorMittal and Nippon Steel Corporation in line with the joint formation agreement signed by the two companies. According to the agreement, ArcelorMittal will hold 60 per cent in the venture; the rest will be with Nippon Steel. Both companies will have equal representation and voting rights on its board of directors.

    Source : Strategic Research Institute
  13. forum rang 10 voda 16 december 2019 16:41
    ArcelorMittal Europe Sets Target to Cut Carbon Emissions by 30% by 2030

    ArcelorMittal Europe announced a CO2 roadmap to reduce emissions by 30% by 2030. The target, for ArcelorMittal Europe Flat Products, is in line with an ambition announced in May this year, to be carbon neutral in Europe by 2050. Geert Van Poelvoorde, CEO ArcelorMittal Europe Flat Products, said “We are committed to the decarbonization of the steel industry, in line with the objectives of the Paris Agreement and the European Union’s commitment to net-zero by 2050 as announced in the Green Deal this week. Our roadmap and the emissions reduction target of 30% by 2030 for Europe is a big step in the right direction. It’s not a one-size-fits-all model, as different parts of our business are at varying starting points. For some sites, certain technologies will work while others will be suited to another route. We’ve spent the last few years testing a range of technologies and now is the time to scale up and put them into action, with the support of the EU and member states, to ensure we are able to fully decarbonise.”

    The roadmap to achieve the 30% target is based on three distinct pathways that have the potential to deliver a significant reduction in carbon emissions, including
    Clean power steelmaking, using clean power as the energy source for hydrogen-based steelmaking, and longer term for direct electrolysis steelmaking;
    Circular carbon steelmaking, which uses circular carbon energy sources, such as waste biomass, to displace fossil fuels in steelmaking, thereby enabling low-emissions steelmaking;
    Fossil fuel carbon capture and storage, where the current method of steel production is maintained but the carbon is then captured and stored or re-used rather than emitted into the atmosphere.

    Key to the success of the roadmap, and ArcelorMittal Europe’s ambition to be carbon neutral by 2050, will be supportive policy to ensure a global level playing field and so ArcelorMittal supports the European Commission’s Green Deal, and believes the right market mechanisms are a critical part of enabling the deployment of low-emissions steelmaking. This includes a carbon border adjustment complementary to the existing ETS and the Just Transition Fund, to invest in research, innovation and green technology.

    Initiatives and technologies underway or to be implemented at ArcelorMittal Europe Flat Products’ different sites include:

    Carbalyst – capture waste gases from the blast furnace and biologically convert it into bio-ethanol. The €120m launch project at ArcelorMittal Ghent is expected to be completed in 2020.
    IGAR – captures waste CO2 from the blast furnace and converts it into a synthetic gas that can be reinjected into the blast furnace in place of fossil fuels to reduce iron ore. An industrial pilot of this technology is being developed at ArcelorMittal Dunkirk in France.
    Torero – €40m investment to convert waste wood into bio-coal to displace the fossil fuel coal currently injected into the blast furnace. Our first large scale demonstration plant in ArcelorMittal Ghent is expected to be in operation by the end of 2020.
    Reducing iron ore with hydrogen – €65m investment at Hamburg site to increase the use of hydrogen for the direct reduction of iron ore.
    Carbon capture and storage – integrating breakthrough technologies to bring down the costs of capturing, purifying and liquifying CO2 from waste gases. Construction of a carbon capture and storage pilot project, 3D, will begin at ArcelorMittal Dunkirk in 2020 and will be able to capture 0.5 metric tons of CO2 an hour from steelmaking gases by 2021.

    Source : Strategic Research Institute
  14. forum rang 10 voda 16 december 2019 16:41
    NLMK and Paul Wurth Accomplish Major Blast Furnace Reline

    Within the frame of NLMK Group’s Strategy 2022, No 6 Blast Furnace at NLMK’s main site in Lipetsk, Russia, has been completely rebuilt during a furnace outage stretching from May until October. On October 31st, short before midnight, the new Blast Furnace No 6, designed and equipped by Paul Wurth, has been blown-in. NLMK’s order awarded to Paul Wurth foresaw engineering, supply of equipment and site supervision related to the complete rebuild of BF6’s central unit, i.e. the blast furnace proper and directly attached systems and equipment. Under this contract, Paul Wurth had first to adapt the earlier delivered Basic Engineering to the final Main Technical Solutions chosen together with the customer. Further on, the company was in charge of the overall engineering which has been executed in close collaboration with local design specialist NLMK Engineering.

    Paul Wurth’s scope of supply comprised the blast furnace shell, hearth lining with super-microporous carbon and ceramic cup, all other refractories, all cooling elements (copper and cast iron staves, copper cooling boxes, tuyeres and tuyere coolers), low energy tuyere stocks and a completely new bustle pipe. The original Bell Less Top®, Paul Wurth’s first ever reference in the former Soviet Union and in operation since 1978, has been replaced completely by a new, state-of-the-art parallel-hopper type system (60 m3 hopper volume) including the pressure equalizing and bleeder valves. Furthermore, Paul Wurth supplied the cooling water pump house with the complete instrumentation, general electrical and control equipment. The process control for the all-new furnace will now be supported by TMT’s stockline recorders, SOMA® acoustic top gas temperature measurement and 3DTopScan® burden profile mapping system. Some dedicated mathematical models out of Paul Wurth’s BFXpert® level-2 automation package complement the new process automation system. For the casthouse, four sets of TMT’s fully hydraulic clay guns, taphole drills and radar level probes for torpedo ladles have been part of the order.

    NLMK’s new BF6, with a hearth diameter of 12.0 m, an inner volume of 3,818 m3, 32 tuyeres and 4 tapholes, is designed for nominal production of 3.4 million tons of hot metal per year. It was part of the contract that the customer purchased from Paul Wurth not only engineering and equipment but also the process technology for operating the furnace. Important auxiliary plant units for the operation of the new BF6 have been installed and commissioned even before this year’s shutdown during the previous furnace’s campaign already: Paul Wurth’s top gas cleaning technology, top gas energy recovery system with turbine, the joint pulverized coal injection plant for blast furnaces No. 6 & 7 as well as the upgradation of existing cold blast generation blowers. From now on, they are integral parts of another all-modern iron making facility at NLMK Lipetsk.

    Source : Strategic Research Institute
  15. forum rang 10 voda 16 december 2019 16:42
    Increasing casting stability at US Steel with Danieli Q-Level+ and Hy-Power

    After successful installation and commissioning of Danieli mould-level and stopper-rod control packages on four strands, USS proceeds to revamp a third slab caster. At the end of 2016 US Steel entrusted Danieli to replace the stopper-rod control system together with the mould-level control sensors and automation at its Great Lakes Works and Gary Works. Both plants, which operate one double-strand slab caster and two single-strand slab casters A-Line and B-Line, improved the casting process stability after the installation of the advanced Danieli technologies: HY-POWER electrohydraulic stopper actuator to regulate the steel flow, eddy-current double-coil sensor for a precise measurement of the mould level, and Q-Level+ automation package for a fine control of the entire system.

    Reliability and performance achieved by the newly installed systems helped to achieve the required strip quality goals.

    Minimum shutdown time and a non-invasive installation proved the practical and beneficial effects of this revamping method.

    USS confirmed once again its trust in Danieli, deciding to convert the C Line caster at the Gary Works to the same flow technology.

    This will bring to six the total number of the US Steel casting strands equipped with the Danieli systems.

    Source : Strategic Research Institute
  16. forum rang 10 voda 16 december 2019 16:46
    US DoC Preliminar Determinations in the CVD Probe on Imports of Wind Towers from Canada, Indonesia and Vietnam

    US Department of Commerce announced affirmative preliminary determinations in the countervailing duty investigations of imports of utility scale wind towers from Canada, Indonesia, and Vietnam, finding that exporters from these countries received countervailable subsidies at rates of 1.09 percent, 20.29 percent, and 2.43 percent, respectively. Commerce will instruct US Customs and Border Protection to collect cash deposits from importers of utility scale wind towers from Canada, Indonesia, and Vietnam based on these preliminary rates.

    In 2018, imports of utility scale wind towers from Canada, Indonesia, and Vietnam were valued at an estimated $60.2 million, $37.4 million, and $21.4 million, respectively.

    The petitioner is the Wind Tower Trade Coalition, which includes Arcosa Wind Towers Inc. (Dallas, TX) and Broadwind Towers, Inc. (Manitowoc, WI).

    Source : Strategic Research Institute
  17. forum rang 10 voda 16 december 2019 16:49
    BENTELER Distribution sold to the Van Leeuwen Pipe and Tube Group

    After an in-depth analysis, BENTELER announced on August 27, 2019, that it would increase its focus on its automotive business. In this context, the BENTELER Distribution Division was sold to the Van Leeuwen Pipe and Tube Group. Following approval by the competition authorities, the divestment was completed on November 29, 2019. The Distribution Division is now part of the Van Leeuwen Pipe and Tube Group.

    The divestment of the BENTELER Distribution Division took place against the background of the company's increased focus on the automotive business.

    Source : Strategic Research Institute
  18. forum rang 10 voda 16 december 2019 16:50
    Acerinox Europa banks on the Torque Retainer of SMS group

    For Acerinox Europa S.A.U., Los Barrios, Cádiz, Spain, SMS group has successfully commissioned a torque retainer for the 120-ton AOD converter no. 2. The customer issued the final acceptance certificate shortly thereafter. The aim of the revamp, which was to minimize the destructive forces on the gear unit, bearings, and foundation when operating the AOD converter, was fully achieved in every respect. In addition, the use of the new electrohydraulic torque retainer has significantly reduced uncontrolled vibrations in the gear unit and the converter vessel. The target values in terms of reducing torque were achieved under production conditions shortly after commissioning.

    SMS group supplied the torque retainer as a compact electrohydraulic unit. The engineering, installation, supervision of the installation as well as the technical assistance during commissioning were also included in the scope of delivery of SMS group.

    Both the cold and hot commissioning were completed jointly with the customer, and the latter was performed while production was underway.

    The plant shutdown time was reduced thanks to a new installation concept developed by SMS group especially for Acerinox Europa. The individual units were installed as stand-alone solutions during plant operation, then brought into service during scheduled downtimes or ongoing production. The final assembly was also carried out during a planned plant shutdown and took just one extra day, instead of the usual five days.

    Source : Strategic Research Institute
  19. forum rang 10 voda 16 december 2019 16:50
    AISI Announces Two New Member Companies

    The American Iron and Steel Institute has welcomed two new member companies, North American Stainless and Outokumpu. The AISI Board of Directors approved the measure last week, in addition to approving Olli-Matti Saksi, President of Outokumpu Stainless USA, and Cristobal Fuentes, President and CEO of North American Stainless, as members of the AISI Board of Directors.

    Roger Newport, CEO of AK Steel and current chairman of the AISI Board of Directors said, “It is a pleasure to welcome Cris Fuentes and Olli-Matti Saksi to the Board of Directors. Cris and Olli-Matti have been strong allies on steel industry policy issues and we look forward to working more closely together with them and their teams to further strengthen the voice of our industry.”

    Source : Strategic Research Institute
  20. forum rang 10 voda 16 december 2019 16:51
    Mexico Extends Antidumping Duties on Chinese Steel Tubes

    Mexico extended antidumping duties on imports of Chinese steel tubes. A review by the Mexican economy ministry at the request of Mexican steel tube manufacturer TAMSA concluded there was sufficient evidence to suggest removing the duties would lead to further dumping. The levy will be maintained at the same level for a further five years, running from January 8, 2019.

    Duties were imposed on seamless steel tubes from the Asian country in 2014 at USD 1,568.92 per tonne.

    Source : Strategic Research Institute
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