Forum: Corus » CSN en Corus

Ontvang nu dagelijks onze kooptips!

word abonnee

CSN en Corus

Volgen

5 Posts

| Omlaag ↓

lexisnexis 13 januari 2006 14:32
   lexisnexis

Lid sinds: 18 okt 2005

Laatste bezoek: 16 apr 2024

   Aanbevelingen

Ontvangen: 213

Gegeven: 695

   Aantal posts: 2.042
Leon

Kun jij het artikel in de financial Times opduiken omtrent geruchten dat CSN best geschikt zou zijn om Corus over te nemen ?

groetjes Hubert

search.ft.com/search/totalSearch_Form...

bnamericas.com/index.jsp?idioma=I

0
”
Quote Reageren

Niet oké
lexisnexis 13 januari 2006 19:52
   lexisnexis

Lid sinds: 18 okt 2005

Laatste bezoek: 16 apr 2024

   Aanbevelingen

Ontvangen: 213

Gegeven: 695

   Aantal posts: 2.042
Ik heb het desbetreffende artikel uiteindelijk zelf gevonden.
Doe tenminste de moeite dit artikel volledig te lezen, dan kom je vanzelf Corus wel tegen !!!

Published: Thursday, January 12, 2006

Latin American metals companies have hit the road running in 2006, as already merger and acquisition activity is red-hot.

Brazilian steel giant Gerdau finalized the acquisition of Spanish steel group Sidenor in a move that will give it partial control of local steelmaker Aços Villares and access to the European market.

The new Sidenor owners - which also include bank Santander and some Sidenor executives - will divvy up the Spanish steel group's 58% of Aços Villares, Latin America's largest producer of specialty steel used in mechanical construction.

Gerdau's role in the acquisition may be just the beginning of an aggressive year for the steelmaker, as it confirmed reports that executives are studying plans to enter the Chinese market through acquisitions, partnerships or greenfield projects.

Meanwhile European steel group Arcelor was busy consolidating its ownership of Acesita as it snatched up 4.05% of the total capital of Brazil's leading specialty steelmaker from local pension fund Sistel for 136mn reais (US$59mn).

Arcelor is now Acesita's only controller considering the European company bought stakes in the stainless steelmaker from Brazilian pension funds Previ and Petros in 2005.

And at least one analyst was keeping a close eye on CSN, saying the Brazilian steelmaker would be the ideal candidate to acquire Anglo-Dutch steel group Corus.

Merger plans between the two steelmakers in 2002 failed to bear fruit as Corus aborted the deal citing a downturn in economic conditions. CSN did not rule out a future acquisition but declined to comment specifically on the opinion of analyst Luz Pez of French investment bank Société Générale.

But Brazil wasn't the only country in the region busy with mergers and consolidation plans as the newly created steel group Ternium, which includes Argentina's Siderar, Mexico's Hylsa and Venezuela's Sidor, filed a registration statement with the US Securities and Exchange Commission (SEC) for a planned initial public offering (IPO).

The IPO, designed to help pay down debt, would entail placing 24.8 million American Depositary Shares (ADS) on the New York Stock Exchange under the symbol TX. Ternium officially started operating as a group late last year.

And copper was once again a star metal this week as it reached a new high of US$2.137/lb on January 10. The price defied a 4,075t net increase in LME stocks and reflected concerns over a strike at Chilean copper company Codelco.

But the state miner says operations are normal despite the subcontracted workers' stoppage.

Meanwhile BNamericas learned that Codelco Norte shut down one of its two Chuquicamata refineries in the country's north on December 29 as the complex had grown too old.

But the company is investing US$180mn to modernize the second refinery - Refinería No 2. The project, due to wrap up this year, will increase capacity by 20% to 855,000t/y of copper cathodes.

And in an effort to compensate for the refinery's demise, the smelter and refinery at Codelco's Salvador division, a little further south, will process some mineral from the Chuquicamata mine.

Also during the week, Brazilian gas distributor Gasmig and long steel producer Belgo-Mineira inked a 59mn-real (US$26mn) natural gas supply contract for the latter's João Monlevade plant in Minas Gerais state.

Natural gas will substitute liquefied petroleum gas and fuel oils used at João Monlevade.

The week also had its share of setbacks, starting in Mexico where mining and metals company Grupo México suspended operations at its zinc refinery in San Luis de Potosí state due to electrical problems.

Firefighters were called in to control the "mishap," and the company is working under a contingency plan. G-Mex will be able to sell zinc concentrate until it restarts production at the refinery.

Workers at Point Lisas in Trinidad & Tobago started striking to protest what they believe to be unsafe conditions at the steel plant. Point Lisas belongs to the world's largest steelmaker Mittal Steel.

Mittal and the steelworkers' union were in talks to address the workers' concerns, which reportedly include increasing accidents and excessive dust levels plus lack of safety training, disaster preparation and protective gear. Mittal had filed an injunction against the union, arguing the work stoppage is illegal.

But on a happier note, workers at Peru's Funsur smelter decided to go back to their posts after agreeing to a new deal that grants them a pay raise of 2 soles (US$0.58) per day. Roughly 130 workers at Funsur started striking December 5 to demand a pay increase of 10 soles per day. The strike halted operations at the plant, which processes concentrates for Peruvian tin miner Minsur.

RESULTS & FIGURES

US aluminum company Alcoa's 2005 sales increased 13% to US$26.2bn from US$23.2bn in 2004. Net income for 2005 came to US$1.23bn, down from 2004's US$1.31bn.

Brazilian steel tube distributor Açotubo aims to increase revenues and distribution volumes by more than 15% in 2006. Açotubo's 2006 forecast reflects factors such as Brazil's presidential and congressional elections in October, market tendencies and increased demand thanks to company marketing initiatives.

The volume of flat steel distributed in Brazil could increase 6% in 2006 from last year's levels, said Carlos Loureiro, president of distributor Rio Negro. In 2005 steel distributors registered a 14% fall in volumes from the previous year.

And the country's steel packaging industry could increase steel consumption by 3-5% in 2006 to 710,000-720,000t, steel packaging association (Abeaço) executive director Fernando Mourão said. "In 2005, the packaging industry consumed 680,000t of steel, a 3% increase compared to 2004 figures."

Mexico's iron and steel industry closed 2005 with 16.4Mt of production and expects to increase output by 5.5% in 2006, ending the year with 17.3Mt of liquid steel. In 2004, the industry produced 16.7Mt.

Brazil's Unigal steel joint venture could increase galvanized steel plate output by 11% to meet automobile industry demand. Unigal produces some 400,000t/y of steel and aims to boost galvanized steel plate production to 450,000t/y.

Lastly, Chilean iron and steel company CAP agreed during a board meeting to pay 90 pesos (US$0.18) per share in dividends starting January 26 to shareholders.

By Randy Woods

5
”
Quote Reageren

Niet oké
[verwijderd] 13 januari 2006 20:41
   [verwijderd]

Lid sinds: 01 jan 0001

Laatste bezoek: 01 jan 0001

   Aanbevelingen

Ontvangen: 0

Gegeven: 0

   Aantal posts: 0
Goed gevonden Hubert, onbegrijpelijk dat je hiervoor nog geen aanbeveling hebt gekregen. Ik heb zelf de stelling al geponeerd dat dit de mooiste en ook logische optie zou zijn (althans in mijn ogen zou er sprake zijn van een fusie).

Tijdje terug een artikel uit het Corus blaadje gepost waarbij ook kenbaar gemaakt werd dat er al veel werd samengewerkt tussen Corus en CSN. Dit duidt op meer.

Overigens een gezonde correctie vandaag. Ik voelde het al aankomen na het slot van Corus in NY gisteren, omgerekend 0.91 dus een terugval kon niet uitblijven, zelf ook aan meegedaan en een verkooporder ingezet op 0.93 maar daarvoor gingen de koers iets te ras naar beneden. Maar zeker geen reden tot paniek, maar voor degene die in een eerder stadium zijn uitgestapt een mooie reden om weer in te stappen.

grt,Cours

1
”
Quote Reageren

Niet oké
[verwijderd] 14 januari 2006 03:53
   [verwijderd]

Lid sinds: 01 jan 0001

Laatste bezoek: 01 jan 0001

   Aanbevelingen

Ontvangen: 0

Gegeven: 0

   Aantal posts: 0
Helemaal correct cours..

Ik kan helaas niet al te veel meer aanwezig zijn,. Maar onze Ijzervreter verricht goed werk..!! hij verdiend mèèr aanbevelingen voor al z`n werk, en inzet.. (kom op)..

CSN en Corus hebben idd. jaren geleden getracht samen te gaan, e.e.a. geef Corus vleugels.. en zet ons stevig op de kaart..(als samenwerking in welke vorm dan ook gestalte krijgt).. CSN heeft ertsen..!!

Het was bijna rond, nu een paar jaar later is er toch veel veranderd, en is een huwelijk (na liefde op het eerste gezicht) natuurlijk niet uitgesloten.. Voor beide partijen een goede zet, in het consolidatie-gebeuren,.

Grt. leon (zaat) <- als je snapt wat ik bedoel..

0
”
Quote Reageren

Niet oké
lexisnexis 20 januari 2006 10:27
   lexisnexis

Lid sinds: 18 okt 2005

Laatste bezoek: 16 apr 2024

   Aanbevelingen

Ontvangen: 213

Gegeven: 695

   Aantal posts: 2.042
Het wordt stilaan tijd dat CSN Corus overneemt of een fusie aangaat met corus : kan CSN zijn afzet uitbreiden naar Europa toe :

* Report: Slumping flat steel market to impact CSN, Usiminas - Brazil

Decreased sales in the Brazilian flat steel market could take a bite out of fourth quarter 2005 results of market leaders Usiminas and CSN (NYSE: SID), Deutsche Bank analyst Magali Bim said in a report.

Flat steel sales in the domestic market decreased 23% to 2.2Mt in 4Q05 compared to the same period of 2004, while the sector grew 12% 1Q05, fell 5% in 2Q05 and slipped 17% in 3Q05, Deutsche said based on data from Brazil's steel association (IBS).

On the other hand, sales of long steel products in the Brazilian market increased 6% in 4Q05 year-on-year, marking a recovery from consecutive declines of 4%, 17% and 22% in 1Q05, 2Q05 and 3Q05 respectively.

In December alone sales of long steel products expanded 7% to 472,000t compared to the same month of 2004, while flat steel sales decreased 17% to 725,300t.

"The positive domestic market conditions for long steels in December should benefit Porto Alegre-based long steel producer Gerdau (NYSE: GGB), our top pick in the Latin America steel sector," Deutsche said.

BNamericas.com

0
”
Quote Reageren

Niet oké

5 Posts

|Omhoog ↑

Aantal posts per pagina:

Meedoen aan de discussie?

Word nu gratis lid of log in met je emailadres en wachtwoord.

AEX	865,36	0,00%
EUR/USD	1,0643	0,00%
FTSE 100	7.877,05	0,00%
Germany40^	17.671,40	-0,93%
Gold spot	2.384,42	+0,21%
NY-Nasdaq Composite	15.601,50	-0,52%

AALBER...	0,00 0,00% 0 0
ABN AM...	0,00 0,00% 0 0
Accsys	0,00 0,00% 0 0
ACOMO	0,00 0,00% 0 0
ADYEN NV	0,00 0,00% 0 0

AALBER...	0,00 0,00% 0 0
ABN AM...	0,00 0,00% 0 0
Accsys	0,00 0,00% 0 0
ACOMO	0,00 0,00% 0 0
ADYEN NV	0,00 0,00% 0 0

Corus« Terug naar discussie overzicht

CSN en Corus

Meedoen aan de discussie?

Direct naar Forum

Indices

Stijgers

Dalers

Lees verder op het IEX netwerk Let op: Artikelen linken naar andere sites

Gesponsorde links