Ontvang nu dagelijks onze kooptips!
word abonnee
sluiten ✕
Terug naar discussie overzicht
Nieuws en info hier plaatsen (deel 4)
Volgen
Metal Container Manufacturers Seeks Relaxation on QCO Metal Container Manufacturers Association has welcomed the recent announcement by the Hon’ble Finance Minister for reduction of 5% custom duty for all iron & steel items including tinplate & tin free steel which is major raw material for the Metal Packaging Industry. The association affirms that more measures and support is needed that would help revive the metal packaging industry. Metal Container Manufacturers Association added “The policy makers are silent on the major issue that is going to hit the industry seriously ie mandatory imposition of BIS standard on tinplate/ tin free steel and tinplate products like easy open end, peel off ends etc., as per Quality Control order dated 17th July, 2020. Sadly this reduction in the import duty may not help the Metal Packaging Industry as the exporters of tinplate & tin free steel are not accepting the orders for supplying these materials to India in the wake of applicability of steel and steel products Quality Control order.” Metal Container Manufacturers Association said “As regards Steel products like easy open ends, peel off ends and domes and cones etc, the industry is primarily dependent on import of such components as the demand in India does not justify huge capital investment for manufacture of these ends. The industry today is already suffering due to shortage of tinplate/tin free steel, steel products like easy open ends etc and exorbitant increase in their prices. The impact of Quality Control order is serious as there is a demand supply gap of 250000 tonnes per annum and the metal packaging industry has to fill that gap from imports. The tin cans are used for packing essential products like Processed Food, edible oil, dairy and various other perishable food products, therefore, the non-availability of can post 17th April, 2021 will severely affect the processed food industry and also the export of canned food products from India.” It added “Similar kind of Quality Control orders had been issued earlier also in the year 2008, 2015 and 2017 but keeping in mind the demand supply gap, practical difficulties in implementation and adverse impact and requirement of the MSME sector particularly in the metal packaging , the Government withdrew the draft QCO on tinplate & tin free steel. The situation has not changed since then.” Metal Container Manufacturers’ Association represents the interest of a large number of MSMEs engaged in the manufacture of tin containers and closures. Source - Strategic Research Institute
ArcelorMittal Reports Results for 2020 ArcelorMittal announced results for the three-month and twelve-month periods ended December 31, 2020. ArcelorMittal Executive Chairman Mr Lakshmi N Mittal said “2020 was a year of enormous challenge as countries, societies and businesses across the world grappled with the disruption caused by the COVID-19 pandemic. The impact on the steel industry was significant, but I am very proud of the resilience and enterprise shown by our people across the business which enabled ArcelorMittal to deliver a solid operating performance in times of adversity. Achieving our USD 7 billion net debt target marked the end of a long-term deleveraging program, and the start of a new phase which will allow the Company to focus on delivering sustainable shareholder returns as we continue to transform for the future. This process will be supported by changes we made to our portfolio, increasing the quality of its earnings potential, and by the investments we are making in high-growth projects and markets, such as those in India, Mexico, Brazil and Liberia. Initiatives are also underway to ensure that we take the lessons from our swift and comprehensive COVID-19 response actions and embed these across the business, with a target of delivering more than USD 1 billion of sustained savings by 2022. This effort is currently supported by an improvement in market conditions which supported a significantly improved performance in the fourth quarter.” Sales – USD 53.270 billion down 24.6% YoY Operating income – USD 2.110 billion down 436.5% YoY Net loss – USD 733 million up 70.1% YoY EBITDA – USD 4.301 billion down 17.2% EBITDA/ tonne – USD 62 Per tonne up 1.6% YoY Steel-only EBITDA/ tonne – USD 35 Per tonne down16.7% Crude steel production - 71.5 million tonnes down 20.4% YoY Steel shipments - 69.1 million tonnes down 18.2% YoY ArcelorMittal Europe Sales – USD 28.071 billion down 25.6% Operating loss - USD 1,444 billion down 30.4% EBITDA - USD 833 million down 26.3% Crude steel production - 34.004 million tonne down 22.6% Steel shipments - 32.873 million tonne down 22.4% Average steel selling price – USD 655 per tonne down 5.9% ArcelorMittal NAFTA Sales – USD 13.597 billion down 26.7% Operating Income – USD 1.667 billion up 232.4% EBITDA - USD 458 million down 43.5% Crude steel production - 17.813 million tons down 18.7% Steel shipments - 17.902 million tons down 14.4% Average steel selling price – USD 702 per ton down 13.3% ArcelorMittal Brazil Sales - USD 6.271 billion down 22.7% Operating income - USD 754 million down 10.9% EBITDA - USD 978 million down 12.7% Crude steel production - 9.539 million tonne down 13.3% Steel shipments - 9.410 million tonne down 15.9% Average steel selling price – USD 634 per tonne down 6.6% ArcelorMittal ACIS Sales USD 5.507 billion down 19.5% Operating income – USD 84 million down 436.0% EBITDA USD 437 million down 15.5% Crude steel production - 10.171 million tonne down 21.7% Steel shipments - 9.881 million tonne down 14.4% Average steel selling price – USD 464 per tonne down 10.3% Repositioned its North American footprint through the completed sale of ArcelorMittal USA to Cleveland Cliffs, unlocking value and significantly reducing liabilities Reinforced its European footprint through the agreed investment by the Italian government in ArcelorMittal Italia (expected to be deconsolidated in 1Q 2021) ArcelorMittal sold its first certified green steel products to customers in December 2020, reflecting its leadership position in technology and innovation Outlook - Recovery in steel shipments: Recovery in apparent steel demand growth of +4.5% to +5.5% is currently forecast in 2021 vs. 2020; steel shipments are expected to increase YoY on a scope adjusted basis i.e. excluding the impacts of the ArcelorMittal USA sale and the deconsolidation of ArcelorMittal Italia expected in 1Q 2021 Source - Strategic Research Institute
Steel Consumption in Latin America Reflects Economic Recovery Latin American Steel Association Alacero announced that Latin America continues to show signs of economic recovery, although performance is uneven across countries in the region. The goal of the steel industry is to continue to meet the demand in each country. In this scenario, the total production of crude steel in 2020 was 55.6 million tonnes, which represents a decrease of 8.4% compared to the total in 2019. This is similar to the world results, which registered, without taking into account China, a reduction of 7.7%, to 822 million tonnes The Chinese steel industry, in turn, recorded a production of 1.053 billion tons, equivalent to an increase of 5.2%. In Latin America, Chile was the country with the best performance, with 1.2 million tonnes and an increase of 2.1%; at the other extreme was Peru, with a reduction of 40.6%, to 732 thousand tonnes. Total rolled steel production fell 9.7%, reaching 46.3 million tonnes, similar to 2003 production and far from the best performance, in 2013, of 57.5 million tonnes. The largest drop in production of rolled products for the main economies in percentage was recorded in Argentina, with 18.8%, total of 3.5 million tonnes t in 2020 and in volume in Mexico with a drop of 1.7 million tonnes down 9.9% and volume of 15.8 million tonnes. As a reference, Brazil closed with minus 3.7% at 21.7 million tonnes. Steel consumption reflects the improvement in the regional economy, having registered in November 2020 an increase to 5.5 million tonnes, 6% more compared to the same month last year - there was not a month with numbers like this since October 2019. It is estimated that this performance may be maintained during the first quarter of 2021. In November 2020, the share of imports in consumption fell and the expectation is that regional consumption will grow again, with the trade deficit under control. In November, the accumulated trade balance registered a deficit 13.5% lower than in the first 11 months of 2019 minus 12.4 thousand tonnes. Source - Strategic Research Institute
Ferriera Valsabbia FAC Primetals ERT Ebros Billet Welding System In late December 2020, Italian steel producer Ferriera Valsabbia SpA issued the Final Acceptance Certificate to Primetals Technologies for the supply ERT-EBROS of endless rolling technology for the company's existing bar rolling mill in Odolo, Brescia province. The aim was to boost plant output and utilization levels. The system welds together billets intended for rolling, thus enabling a continuous rolling process with a consistently high product quality. The new ERT-EBROS plant is the first system of its kind installed in Italy. Primetals Technologies was responsible for the project engineering as well as for assembly and commissioning supervision of the new equipment, and supplied the ERT-EBROS billet welding system, including a deburring station, extraction system and complementary equipment such as pinch roll, shear and roller table. The ERT-EBROS system is designed for an annual production capacity of 900,000 tonnes. The scope of supply also included the fluid systems, the electrical equipment and automation system and also technology packages for controlling the welding. An induction furnace was installed before the rolling train to make up for temperature losses. Some innovative solutions were implemented by Primetals Technologies, so to comply with Ferriera Valsabbia's requirements about both metallurgy and mechanical features along the entire length of the bar. A specifically-engineered interactive software suite analyses the operation results and produces an array of statistics about system productivity, number of joints and duration of welding sequences. Established in 1954, Ferriera Valsabbia operates an EAF-based minimill with a production capacity of some 900,000 metric tons per year of billets and bars for concrete reinforcement. It is one of the largest privately owned rebar producers in Italy. The bar rolling mill was realized by Primetals Technologies in 2007/2008. This included the installation of a hot-charging system for billets as well as a system for single-bar high-speed delivery that allows rolling speeds of up to 29 meters per second. The mill is designed to process low-carbon steel billets with a square cross-section of 150 x 150 (160 x 160 in the future) millimeters and length of 9 meters. This results in rebars with diameters of between 8 and 40 millimeters. In two-slit rolling mode, the bar diameters from 8 to 20 millimeters can be realized. Source - Strategic Research Institute
Stainless Steel Giant Aperam Completes Ten Year Journey Stainless steel giant Aperam, which was established as a spin off from ArcelorMittal in 2011, has completed ten years of operation. Aperam Chairman Mr Lakshmi N Mittal said "When Aperam was created ten years ago, the logic was to establish an independent company which would benefit from higher market visibility, pursue its growth strategy and enhance its competitiveness through a programme of self-help initiatives. The stainless steel industry has undergone dramatic change over the past decade, with the global competitive landscape being fundamentally reshaped by the emergence of major players in Asia who have disrupted global trade flows. Despite these challenges, Aperam has established itself as a leading player in its industry. We have improved our asset base and our cost competitiveness, strengthened our balance sheet, innovated to serve sustainable markets of the future, invested in our workforce, and set ambitious goals to further reduce our environmental impact. Aperam has become a much stronger company, capable of delivering value in the most challenging of market conditions. Looking forward, I am confident that our ongoing focus on structural improvement will ensure we continue to prosper for many years to come. In addition to these self-help initiatives, we continue to evolve our product range in-line with our customers’ increasing sustainability requirements, while also leading our industry's efforts to support the transition to a low-carbon, circular economy.” Aperam’s Decade’s Summary Global economic value distributed dose to EUR 40 billion. More than 18 million of finished stainless steel products, shipped to customers in more than 40 countries. Operational excellence: more than EUR 730 million of gains through the three phases of the Leadership Journey Net Financial debt decreased by more than EUR 600 million Lowest C02 footprint in the stainless steel industry globally New objectives to further reduce C02 by 30% by 2030 vs 2015, and Carbon neutrality by 2050. Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties. Aperam has a flat Stainless and Electrical steel capacity of 2.5 million tonnes in Brazil and Europe and is a leader in high value specialty products. In addition to its industrial network, spread over six production facilities in Brazil, Belgium and France. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and special steels from low cost biomass charcoal made from its own FSC-certified forestry. In 2020, Aperam had sales of EUR 3.624 million and steel shipments of 1.68 million tonnes. Source - Strategic Research Institute
OMK Chelyabinsk Develops Thermocases for Gazprom The Chelyabinsk plant of the United Metallurgical Company OMK has developed according to the requirements of PJSC Gazprom and patented the design of heat-insulated casing pipes, thermocases, with a welded joint to prevent debris and foundation failures under a drilling rig for oil and gas production in permafrost conditions. The new products, in contrast to the standard thermal cases that the plant has been producing since 2018, are more resistant to work in aggressive conditions, have a new welded connection scheme for pipes into columns, which allows creating structures up to 70 meters long without unnecessary equipment. Another advantage: the thickness of the thermocase connection is less than typical, which allows to reduce the difference between the diameters of the inner and outer pipes. Due to this, drillers can make a smaller borehole diameter, which means they can reduce labor intensity and drilling time. The company has manufactured and successfully tested a new type of products in the presence of the customer's representatives. In January 2021, the permanent commission of PJSC Gazprom for the acceptance of new types of pipe products approved thermal cases with threaded, flanged and welded joints. Thus, OMK acquired the right to supply heat-insulated casing pipes to Gazprom's production facilities without restrictions. In the regions of the Far North, it is required to drill wells in the permafrost. To strengthen the wellhead, casing pipes connected into a string are used. They are placed to a depth of 20 to 70 meters, then the well is concreted. But in the process of further drilling and operation of the well, permafrost around it begins to thaw, landslide and sinkholes occur, craters are formed, which leads to equipment failure and threatens an environmental disaster. Therefore, the oil and gas industry began to use special products - thermal cases. Source - Strategic Research Institute
ArcelorMittal South Africa Reports Results for 2020 ArcelorMittal South Africa announced results for 2020. ArcelorMittal South Africa said “China’s voracious demand for steel returned almost immediately after it emerged from lockdown in early 2020. But with other steel-producing countries still restricting factory activity because of Covid-19 the supply just wasn’t there. It wasn’t just China as the recovery was in nearly all international markets, including local demand from the construction and automotive sectors. AMSA took advantage of the deficit, restarting its second blast furnace at Vanderbijlpark to support the supply of flat steel. It also decided to keep its electric arc furnace at Vereeniging in operation instead of mothballing it towards the end of 2020 as planned.” VOLUMES 48% reduction in liquid steel production to 2.3 million tonnes 47% reduction in sales volumes to 2.2 million tonnes 37% excluding loss-making Saldanha Works volumes 28% excluding loss-making (i) Saldanha Works and (ii) long steel export volumes 37% reduction in local sales volumes to 1.9 million tonnes 72% decrease in export sales volumes to 318 000 tonnes SALES PRICE 5% reduction in overall realised dollar steel price 6% increase in realised rand prices due to ZAR/USD weakness ZAR 130 million value added export assistance provided to downstream industry INPUT COSTS RMB constitutes 41 % (2019: 51 %) of cash cost per tonne RMB decreased by 10% in rand terms Consumables and auxiliaries constitutes 31% of cash cost per tonne (2019: 29%) Consumables and auxiliaries increased by 24% Electricity increased by 10% Fixed cost constitutes 28% of cash cost per tonne (2019: 23%) Despite the impact of lower volumes, the increase in fixed cost was limited to 34% OUTLOOK H1 2021 Increased infection rate continue to pose a risk Continued focus on health and wellbeing of employees Strong international steel prices expected to remain in the near-term Benefits of cost savings and asset footprint adjustments to be sustained Improved performance from H2 2020 to continue in H1 2021 Source - Strategic Research Institute
NLMK Ural Begins Commissioning of New Wire Galvanizing Line NLMK Group Company NLMK Metalware has completed the installation of main process equipment at its new wire galvanizing line in Berezovsky in Sverdlovsk region of Russia. Commissioning works are currently underway. The project will enable NLMK Metalware to increase its galvanized wire output by 40% and launch a new product: zinc-aluminium coated wire. The corrosion resistance of zinc-aluminium coating is several times higher than that of pure zinc coating. It also ensures the metal’s resistance to high temperatures and adverse weather conditions. Key benefits of this coating include high ductility and improved weldability. Products made of zinc-aluminium coated wire, such as gabions, geogrids, and fences, have a substantially longer service life. Investment in the project totalled RUB 540 million. The first products are planned for production in February 2021. Source - Strategic Research Institute
ArcelorMittal Plans USD 1 Billion Fixed Cost Reduction Program ArcelorMittal announced that a fundamental part of the Company's response at the onset of the COVID-19 pandemic was to align costs to the lower activity level. The comprehensive measures taken to variabilise fixed costs were critical to protecting profitability and cash flows. Throughout this period, the Company sought to identify and develop options for structural cost improvements to appropriately position the fixed cost base for the post-COVID-19 operating environment. These savings implemented are expected to limit the increase in fixed costs as activity and production levels recover, thus leading to lower fixed costs per-tonne. In total, USD 1.0 billion of structural cost improvements are identified within the program, with the majority of savings expected in FY 2021, and fully realized in FY 2022 relative to scope-adjusted FY 2019. The Company has already implemented a footprint optimization, including the permanent closure of a blast furnace and steel plant in Krakow (Poland), the permanent closure of the Florange coke oven battery and the closure of the Saldanha facility in South Africa. Productivity and logistics are expected to provide approximately 40% of the retained savings through continuous improvement programs, improvements in productivity and maintenance efficiency and the rationalization of support functions. Actions in repairs and maintenance are expected to provide approximately 35% of the savings, as the Company reduces contractors through insourcing and the reallocation of internal resources. Selling, general and administrative expenses is expected to account for approximately 25% of the savings, including a 20% reduction in corporate office headcount, digital transformation and leveraging of shared services and centers of excellence. These improvements will augment those achieved under the Action2020 program, which was superseded at the onset of the COVID-19 pandemic. Source - Strategic Research Institute
NLMK Group Financial Results for 2020 Russian steel maker NLMK’s revenue was reduced by 12% YoY to USD 9.2 billion, due to a reduction in steel product prices in Q2 & Q3 and an increase in the share of semi-finished products in total sales by 5 pp to 40%. EBITDA grew by 3% YoY to USD 2.6 billion, supported by investment programme and operational efficiency programme gains, a weaker ruble, and refund from the US Department of Commerce under the settlement agreement. EBITDA margin reached 29% +5 pp YoY. Net profit reduced by 8% YoY to USD 1.2 billion amid increased losses in the joint ventures’ performance, including due to the recognition of the NBH investment value impairment in the amount of USD 120 million in Q2 2020. NLMK Group CFO Mr Shamil Kurmashov said “In 2020, despite the constraints of the pandemic, we maintained our capacity utilization rates and were able to achieve a 3% YoY increase in EBITDA, reaching USD 2.6 billion. Our flexible business model enabled a 3% YoY increase in sales to 17.5 million tonnes.” 2020 output and sales breakdown Steel output increased by 1% YoY to 15.8 million tonne Sales grew by 3% YoY to 17.5 million tonne Sales of semi finished products to third parties grew by 25% YoY to 4.9 million tonne due to higher pig iron and billet exports. Slab sales to NBH remained flat YoY, at 2.1 million tonne Finished rolled steel sales declined by 5% YoY to 10.5 million tonne amid weak demand in April-May 2020 and sales redistribution to semi-finished products. Mr Kurmashov added “Over 12M 2020, the structural gain from our Strategy projects reached USD 261 million vs the 2019 base. Operational efficiency programmes contributed USD 176 million, with USD 85 million coming from investment projects. We have completed upgrades at the Lipetsk site blast furnace and steelmaking operations, which will enable an increase in steel production capacity of 1 million tonne per annum starting from 2021. Construction of a coal charge stamping unit was completed at Altai-Koks, which will reduce NLMK Group's dependence on expensive and scarce coal grades. The full-year effect of these projects will be reflected in our financial results in 2021.” Source - Strategic Research Institute
Locals Support Rungta’s Karakhendra Steel Plant EIAPublic Hearings The Pioneer reported that two public hearings were held in Keonjhar district of Odisha on 11 January to clear the decks of environmental clearance for expansion of 0.127 million tonnes per annum Karakhendra steel plant of the Rungta company to upgrade it to 0.606 million tonnes per annum crude steel along with installation of a power plant of 121 MW and expansion of 0.18 million tonnes per annum Karakolha sponge iron plant with DRI plant and 22 MW power plant. The public hearings were conducted in the presence of senior Government officials, industry representatives and community leaders. Both these plants Karakolha and Karakhendra are situated near Barbil. The people supported the expansion of the steel plants but demanded that the company undertake CSR activities to solve issues relating to environmental pollution, health, education, communication, etc. The people urged both the industries and the Government to speed up development activities in the area. Source - Strategic Research Institute
Klockner Expects Strong Operating Income in Q1 of 2021 Duisburg Germany based Klockner & Co announced that at the beginning of the current fiscal year the recovery in steel demand continued. In addition, price levels in Europe and the USA have continued to rise significantly. Due to the cost base already sustainably reduced by the Surtsey project, Klockner & Co can benefit particularly strongly from the positive market development. Against this background, the company expects an operating income EBITDA before material special effects of EUR 110-130 million in the first quarter of 2021 and therefore very considerably above the prior-year quarter.” Previously, operating income before material special effects was only expected to improve considerably compared with EUR 21 million in first quarter of 2020 Klockner & Co is an international operating company with locations in Europe and America. In the steel and metal distribution, Klockner & Co is one of the world’s largest producer independent companies with modern service centers to supply high quality processed steel and metal products. 150 Locations 13 Countries 7700 Employees 100000 Customers 5.648 million tonnes shipments in 2019 EUR 6315 million sales in 2019 Source - Strategic Research Institute
Vanilla Steel Accelerates Growth in January 2021 Berlin based Vanilla Steel GmbH said that while steel markets have been extremely volatile in the past few months, shifting from all-time lows in the aftermath of the pandemic to all time highs in recent weeks given the current lack of steel supply and the turmoil has been exacerbated by the difficulties in importing steel and a combination of price hikes in both raw materials and logistics. Vanilla Steel said “While it has been more difficult to source steel within Europe, Vanilla Steel has accelerated its development with monthly listed tonnage that has more than doubled since October going from 3,400 tonnes to 8,700 tonnes in January 2021 up 154%, despite the current slowdown.” Vanila Steel is building a secondary market for the European steel ecosystem to help them trade steel that is available for immediate sale more efficiently. The platform offers a one-stop-shop for buyers, where they can go and find excess material across Europe with presence in 30 countries. The number of European steel suppliers that have joined Vanilla Steel has now reached 50. Every Monday, new auctions are published on the platform. If the material is suitable for the needs of the buyers, an order can be made in a few clicks and logistics services can additionally be booked directly. Vanilla Steel is a managed e-auction platform for excess material in Carbon and Stainless Steel. The company is headquartered in Berlin and is managed by its 4 co-founders, Matthias Affeldt, Alexis Ducros, Clifford Ondara & Simon Zühlke, that combine 50 years of digital experience and are passionate about solving existing challenges in the European steel industry through digitalization. Source - Strategic Research Institute
EUROFER Sees 7% Recovery in Steel Using Sectors in EU in 2021 The European Steel Association EUROFER’s newly released Economic & Steel Market Outlook 2021-2022 said that “Prior to the onset of the Covid-19 pandemic, the manufacturing slump in the EU had deepened in the second half of 2019, with the automotive sector registering quarterly falls in production activity since the third quarter of 2018. In most other sectors, output fell considerably as well. The main exception was the construction industry whose growth, nevertheless, lost ground considerably. Persistent headwinds were already blowing before the outbreak of COVID-19, and are likely to continue weighing on the steel-using sectors once normal business conditions are fully restored. The outlook for output growth was slashed dramatically for 2020 due to the almost complete shutdown in industrial activity from the second half of March 2020. This resulted in unprecedented falls in output over the second quarter and is set to lead to very severe output drops by the European steel using sectors, despite a short-term rebound over the third quarter due to restart of industrial activity and removal of lockdown measures albeit still at historically low levels. Total production activity in EU steel-using sectors experienced flat growth in 2019, which is a revision from the former 0.1% in our previous outlook, further to an increase of 2.7% in 2018, which was the first annual drop in output since 2013. The negative growth in 2019 was the result of an increase in construction output and a drop in all other steel using sectors, the most pronounced being recorded by the automotive sector. This negative trend continued at a faster pace in the first quarter of 2020. This quarter was only impacted to a limited extent ie from mid-March by the lockdown measures. The most severe consequences of the stop to industrial activity were thus recorded over the second quarter. The removal of lockdown measures over the third quarter allowed industrial activity to restart, with a considerable rebound in output compared to the record lows seen in the preceding quarter, but industrial activity has remained slow, and is exposed to fragility and risks. Further to the downturn already observed in the preceding quarters due to worsening conditions for the whole manufacturing sector, production activity in steel-using sectors of the EU experienced a pronounced fall in the first two quarters of 2020. Output fell by YoY 7.5% in the first quarter and in the second quarter by 24.4%. In the third quarter, despite a quarter-on-quarter rebound, steel using sectors’ output continued to fall on a YoY basis of minus 6.4%. Total steel-using sectors forecast 2021-2022 - The Coronavirus pandemic and lockdown has a massive impact on steel using sectors’ output, with plant closures, capacity reduction (permanent and/or temporary) and huge supply chain disruption. Despite the removal of lockdown measures and restarted industrial activity, uncertainty remains quite high as the pandemic is not yet over and continues to weigh down confidence and growth prospects. This was particularly visible during the new wave of the pandemic that hit Europe since the start of the fourth quarter 2020, with new lockdowns put in place albeit without affecting industrial activity. Thus, economic growth and global trade are set to remain subdued and exposed to fragility until the second quarter 2021, with repercussions for export oriented sectors, automotive in particular. This will also affect EU investment via severely weakened business confidence levels. Likely less negative output growth in construction, rather than other sectors, may cushion negative trends in other steel-using sectors. Total steel-using sectors output is set to fall by 11%, almost unchanged from EUROFER’s previous forecast of minus 10.4% in 2020, to recover by 7.4% in 2021 and to grow more moderately in 2022 by 4.1%. Source - Strategic Research Institute
ArcelorMittal koopt aandelen in FONDS KOERS VERSCHIL VERSCHIL % BEURS ArcelorMittal 19,104 0,418 2,24 % Euronext Amsterdam (ABM FN-Dow Jones) ArcelorMittal gaat aandelen inkopen tot 650 miljoen dollar. Dat maakte het bedrijf maandag bekend. Aanleiding is de verkoop van 40 miljoen aandelen Cleveland-Cliffs voor 652 miljoen dollar op 9 februari. De aandelen zullen deels worden gebruikt voor de verplichtingen ten aanzien van converteerbare obligaties of om het aandelenkapital te verminderen. Na afronding van deze inkoopronde zal ArcelorMittal voor nog eens 570 miljoen dollar aandelen inkpen, conform de het nieuwe beleid voor teruggave van kapitaal aan aandeelhouders. Beide programma's moeten voor het einde van het jaar afgerond zijn. Door: ABM Financial News.info@abmfn.nl Redactie: +31(0)20 26 28 999 © Copyright ABM Financial News B.V. All rights reserved.
JFE Steel Reduces FY Loss Forecast Japanese steelmaker JFE Holdings recorded a net loss of JPY 67.21 billion (USD 9.56 billion) in the first nine months of current FY, compared to a JPY 30.63 billion net profit recorded in the same period of the previous fiscal year. The company’s net sales amounted to JPY 2.32 trillion, down 17% YoY. JFE Steel's consolidated crude steel output decreased to 17.36 million tonnes, down by 18% YoY as shipments amounted to 14.76 million tonnes, down 15% YoY Due to a recovery in domestic and overseas steel demand, the company's crude steel production in the full financial year is expected to be approximately 22.70 million tonnes as compared to 22.50 million tonnes in the previous forecast. For the full financial year, the company expects a loss of JPY 32 billion compared to JPY 90 billion in the previous forecast, due to a further recovery in steel demand and a significant rise in steel prices. It stated that domestic steel demand continues to recover due to recovery in activity levels of customers. Source - Strategic Research Institute
Tata Steel CEO & MD Shares 40 Million Tonnes Vision for India Economic Times reported that Tata Steel plans to double its capacity to 40 million tonnes at its existing facilities in Odisha and Jharkhand. Tata Steel CEO & Managing Director Mr TV Narendran told ET “Expansion within the three sites in Angul, Kalinganagar and Jamshedpur will allow the company to grow from the current capacity of 20 million tonnes per annum to 40 million tonnes per annum. Kalinganagar can grow to about 15-16 million tonnes, Angul to 10 million tonnes and Jamshedpur to 14 million tonnes.” Mr Narendran added “When you expand at the same site you bring the cost down significantly. And globally, if you look at steel companies, the most efficient sites are typically in the 15-20 million tonne range. Company wants each of the sites to be world-class and globally competitive.” Source - Strategic Research Institute
India Allows Non Primary Steel Rebars for Highway Construction Indian government announced that steel from other producer will be allowed for highways, provided these meet the quality parameters, aimed at ensuring cost reduction in highways construction using steel. The Ministry of Road Transport and Highways vide a 12 February 2021 circular Reinforcing Steel Bars: Ministry's Specifications for Road and Bridge Works amended "All steel shall be procured from producers who manufacture billets directly from iron ores and roll the billets to produce steel conforming to IS: 1786. No re-rolled steel shall be incorporated in the works. The steel shall also be procured from other producers provided it is manufactured from the billets made directly from iron ores and not from shredded scrap and sponge iron as basic feedstock. In such cases, the other producers will have to submit the proof of purchase such as GST, Invoice etc from the billet producers to establish that billets are made directly from iron ores and have been procured from them. The steel shall be got tested by the Engineer in the NABL affiliated laboratories only as a third party check. It shall be ensured that all the test results conform to IS: 1786." MoRTH circular said “Clause 1009.3.1 of Ministry’s specification for Road and Bridge works has been amended "For plain and reinforced cement concrete or pre stressed concrete works, the reinforcement & unmentioned steel as the case may be, shall consist of the following grades of reinforcing bars Mild Steel: Grade-1 (conforming to IS 432) High Strength Deformed Steel: Fe415, Fe415D, Fe415S, Fe500, FeSOOD, Fe500S, Fe550, Fe550D & Fe600 (conforming to IS 1786) If any grade of steel given above is not available steel of next higher grade may be used. For seismic zones III, IV & V, HSD steel bars having minimum elongation of 14.5% shall be used. For seismic zones III, IV and V, the actual 0.2% proof strength of steel bars based on tensile test must not exceed their characteristic 0.2% proof strength by more than 20 percent and the ratio of the actual ultimate strength to the actual 0.2 percent proof strength yield strength shall be at least 1.15.” MoRTH circular added “All the manufacturers & suppliers, as the case may be, shall supply the purchaser or his authorized representative with the certificate stating the process of manufacture and also the test sheet signed by the manufacturer giving the result of each mechanical test applicable for each lot of the material supplied and chemical composition. Sample shall be got tested by the Authority’s Engineer, Independent Engineer, Supervision Consultant in the NABL accredited laboratories only, as a third party check before source approval. It shall be ensured that all the test results conform to IS: 432 (MS) or IS: 1786 (HSD). Only new steel shall be delivered to the site. Every bar shall be inspected before assembling on the work and defective, brittle or burnt bars shall be discarded. Bars with cracked ends shall be discarded.” In view of the increase in steel prices, which can impact the cost of building national highways, Road Transport & Highways Minister Mr Nitin Gadkari had recently suggested the need to re-look at all conditions which could be restrictive, without impacting the quality of material used for highway construction. Source - Strategic Research Institute
CSN Unit IPO to Raise USD 838 Million Bloomberg, citing people familiar with the matter, reported that the initial public offering of Brazilian steelmaker Cia Siderurgica Nacional SA’s mining unit raised at least 4.5 billion reais (USD 838 million). CSN Mineracao, as the unit is known, and selling holders sold shares at 8.50 reais apiece on Friday, the bottom of the indicative range. If over-allotments are fully sold, the transaction could raise 6.1 billion reais, according to calculations based on the prospectus. CSN is still discussing the final size of the transaction with investors, the people said. Morgan Stanley is leading the offer and other banks running the deal are XP Inc, Bank of America Corp, Banco Bradesco BBI SA, Banco BTG Pactual SA, UBS BB Investment Bank, Caixa Economica Federal, Citigroup Inc, Banco Fibra SA, JPMorgan Chase & Co, Safra SA and Santander Brasil. Source - Strategic Research Institute
Mr Ancira to Pay USD 219 Million to Avoid Graft Trial OCCRP reported that Mexican steel tycoon Mr Alonso Ancira Elizondo has agreed to pay USD 219 million in damages to state oil company PEMEX to avoid trial for money laundering and corruption. WhatsApp messages from the Federal Judicial Council to local reporters, seen by OCCRP, suggest that Elizondo will remain in custody until the damages agreement with PEMEX is approved by the prosecutor’s office. Chief of Mexico's largest steelmaker AHMSA, Elizondo has reportedly been in preventative detention since last week, when he was extradited from Spain to face legal proceedings in his home country. Known nationally as the ‘King of Steel’, he is accused of using bribery payments to secure the sale of an overpriced fertilizer plant to the state oil company, in turn using his own firm to launder the proceeds. According to news outlet Milenio, the prosecution originally indicted Ancira Elizondo for bribing PEMEX's former CEO, Emilio Lozoya, with USD 3.5 million in exchange for buying the inactive fertilizer plant in 2013. Source - Strategic Research Institute
Aantal posts per pagina:
20
50
100
Direct naar Forum
-- Selecteer een forum --
Koffiekamer
Belastingzaken
Beleggingsfondsen
Beursspel
BioPharma
Daytraders
Garantieproducten
Opties
Technische Analyse
Technische Analyse Software
Vastgoed
Warrants
10 van Tak
4Energy Invest
Aalberts
AB InBev
Abionyx Pharma
Ablynx
ABN AMRO
ABO-Group
Acacia Pharma
Accell Group
Accentis
Accsys Technologies
ACCSYS TECHNOLOGIES PLC
Ackermans & van Haaren
ADMA Biologics
Adomos
AdUX
Adyen
Aedifica
Aegon
AFC Ajax
Affimed NV
ageas
Agfa-Gevaert
Ahold
Air France - KLM
AIRBUS
Airspray
Akka Technologies
AkzoNobel
Alfen
Allfunds Group
Allfunds Group
Almunda Professionals (vh Novisource)
Alpha Pro Tech
Alphabet Inc.
Altice
Alumexx ((Voorheen Phelix (voorheen Inverko))
AM
Amarin Corporation
Amerikaanse aandelen
AMG
AMS
Amsterdam Commodities
AMT Holding
Anavex Life Sciences Corp
Antonov
Aperam
Apollo Alternative Assets
Apple
Arcadis
Arcelor Mittal
Archos
Arcona Property Fund
arGEN-X
Aroundtown SA
Arrowhead Research
Ascencio
ASIT biotech
ASMI
ASML
ASR Nederland
ATAI Life Sciences
Atenor Group
Athlon Group
Atrium European Real Estate
Auplata
Avantium
Axsome Therapeutics
Azelis Group
Azerion
B&S Group
Baan
Ballast Nedam
BALTA GROUP N.V.
BAM Groep
Banco de Sabadell
Banimmo A
Barco
Barrick Gold
BASF SE
Basic-Fit
Basilix
Batenburg Beheer
BE Semiconductor
Beaulieulaan
Befimmo
Bekaert
Belgische aandelen
Beluga
Beter Bed
Bever
Binck
Biocartis
Biophytis
Biosynex
Biotalys
Bitcoin en andere cryptocurrencies
bluebird bio
Blydenstijn-Willink
BMW
BNP Paribas S.A.
Boeing Company
Bols (Lucas Bols N.V.)
Bone Therapeutics
Borr Drilling
Boskalis
BP PLC
bpost
Brand Funding
Brederode
Brill
Bristol-Myers Squibb
Brunel
C/Tac
Campine
Canadese aandelen
Care Property Invest
Carmila
Carrefour
Cate, ten
CECONOMY
Celyad
CFD's
CFE
CGG
Chinese aandelen
Cibox Interactive
Citygroup
Claranova
CM.com
Co.Br.Ha.
Coca-Cola European Partners
Cofinimmo
Cognosec
Colruyt
Commerzbank
Compagnie des Alpes
Compagnie du Bois Sauvage
Connect Group
Continental AG
Corbion
Core Labs
Corporate Express
Corus
Crescent (voorheen Option)
Crown van Gelder
Crucell
CTP
Curetis
CV-meter
CVC Capital Partners
Cyber Security 1 AB
Cybergun
D'Ieteren
D.E Master Blenders 1753
Deceuninck
Delta Lloyd
DEME
Deutsche Cannabis
DEUTSCHE POST AG
Dexia
DGB Group
DIA
Diegem Kennedy
Distri-Land Certificate
DNC
Dockwise
DPA Flex Group
Draka Holding
DSC2
DSM
Duitse aandelen
Dutch Star Companies ONE
Duurzaam Beleggen
DVRG
Ease2pay
Ebusco
Eckert-Ziegler
Econocom Group
Econosto
Edelmetalen
Ekopak
Elastic N.V.
Elia
Endemol
Energie
Energiekontor
Engie
Envipco
Erasmus Beursspel
Eriks
Esperite (voorheen Cryo Save)
EUR/USD
Eurobio
Eurocastle
Eurocommercial Properties
Euronav
Euronext
Euronext
Euronext.liffe Optiecompetitie
Europcar Mobility Group
Europlasma
EVC
EVS Broadcast Equipment
Exact
Exmar
Exor
Facebook
Fagron
Fastned
Fingerprint Cards AB
First Solar Inc
FlatexDeGiro
Floridienne
Flow Traders
Fluxys Belgium D
FNG (voorheen DICO International)
Fondsmanager Gezocht
ForFarmers
Fountain
Frans Maas
Franse aandelen
FuelCell Energy
Fugro
Futures
FX, Forex, foreign exchange market, valutamarkt
Galapagos
Gamma
Gaussin
GBL
Gemalto
General Electric
Genfit
Genmab
GeoJunxion
Getronics
Gilead Sciences
Gimv
Global Graphics
Goud
GrandVision
Great Panther Mining
Greenyard
Grolsch
Grondstoffen
Grontmij
Guru
Hagemeyer
HAL
Hamon Groep
Hedge funds: Haaien of helden?
Heijmans
Heineken
Hello Fresh
HES Beheer
Hitt
Holland Colours
Homburg Invest
Home Invest Belgium
Hoop Effektenbank, v.d.
Hunter Douglas
Hydratec Industries (v/h Nyloplast)
HyGear (NPEX effectenbeurs)
HYLORIS
Hypotheken
IBA
ICT Automatisering
Iep Invest (voorheen Punch International)
Ierse aandelen
IEX Group
IEX.nl Sparen
IMCD
Immo Moury
Immobel
Imtech
ING Groep
Innoconcepts
InPost
Insmed Incorporated (INSM)
IntegraGen
Intel
Intertrust
Intervest Offices & Warehouses
Intrasense
InVivo Therapeutics Holdings Corp (NVIV)
Isotis
JDE PEET'S
Jensen-Group
Jetix Europe
Johnson & Johnson
Just Eat Takeaway
Kardan
Kas Bank
KBC Ancora
KBC Groep
Kendrion
Keyware Technologies
Kiadis Pharma
Kinepolis Group
KKO International
Klépierre
KPN
KPNQwest
KUKA AG
La Jolla Pharmaceutical
Lavide Holding (voorheen Qurius)
LBC
LBI International
Leasinvest
Logica
Lotus Bakeries
Macintosh Retail Group
Majorel
Marel
Mastrad
Materialise NV
McGregor
MDxHealth
Mediq
Melexis
Merus Labs International
Merus NV
Microsoft
Miko
Mithra Pharmaceuticals
Montea
Moolen, van der
Mopoli
Morefield Group
Mota-Engil Africa
MotorK
Moury Construct
MTY Holdings (voorheen Alanheri)
Nationale Bank van België
Nationale Nederlanden
NBZ
Nedap
Nedfield
Nedschroef
Nedsense Enterpr
Nel ASA
Neoen SA
Neopost
Neovacs
NEPI Rockcastle
Netflix
New Sources Energy
Neways Electronics
NewTree
NexTech AR Solutions
NIBC
Nieuwe Steen Investments
Nintendo
Nokia
Nokia Oyj
Nokia OYJ
Novacyt
NOVO-NORDISK AS
NPEX
NR21
Numico
Nutreco
Nvidia
NWE Nederlandse AM Hypotheek Bank
NX Filtration
NXP Semiconductors NV
Nyrstar
Nyxoah
Océ
OCI
Octoplus
Oil States International
Onconova Therapeutics
Ontex
Onward Medical
Onxeo SA
OpenTV
OpGen
Opinies - Tilburg Trading Club
Opportunty Investment Management
Orange Belgium
Oranjewoud
Ordina Beheer
Oud ForFarmers
Oxurion (vh ThromboGenics)
P&O Nedlloyd
PAVmed
Payton Planar Magnetics
Perpetuals, Steepeners
Pershing Square Holdings Ltd
Personalized Nursing Services
Pfizer
Pharco
Pharming
Pharnext
Philips
Picanol
Pieris Pharmaceuticals
Plug Power
Politiek
Porceleyne Fles
Portugese aandelen
PostNL
Priority Telecom
Prologis Euro Prop
ProQR Therapeutics
PROSIEBENSAT.1 MEDIA SE
Prosus
Proximus
Qrf
Qualcomm
Quest For Growth
Rabobank Certificaat
Randstad
Range Beleggen
Recticel
Reed Elsevier
Reesink
Refresco Gerber
Reibel
Relief therapeutics
Renewi
Rente en valuta
Resilux
Retail Estates
RoodMicrotec
Roularta Media
Royal Bank Of Scotland
Royal Dutch Shell
RTL Group
RTL Group
S&P 500
Samas Groep
Sapec
SBM Offshore
Scandinavische (Noorse, Zweedse, Deense, Finse) aandelen
Schuitema
Seagull
Sequana Medical
Shurgard
Siemens Gamesa
Sif Holding
Signify
Simac
Sioen Industries
Sipef
Sligro Food Group
SMA Solar technology
Smartphoto Group
Smit Internationale
Snowworld
SNS Fundcoach Beleggingsfondsen Competitie
SNS Reaal
SNS Small & Midcap Competitie
Sofina
Softimat
Solocal Group
Solvac
Solvay
Sopheon
Spadel
Sparen voor later
Spectra7 Microsystems
Spotify
Spyker N.V.
Stellantis
Stellantis
Stern
Stork
Sucraf A en B
Sunrun
Super de Boer
SVK (Scheerders van Kerchove)
Syensqo
Systeem Trading
Taiwan Semiconductor Manufacturing Company (TSMC)
Technicolor
Tele Atlas
Telegraaf Media
Telenet Groep Holding
Tencent Holdings Ltd
Tesla Motors Inc.
Tessenderlo Group
Tetragon Financial Group
Teva Pharmaceutical Industries
Texaf
Theon International
TherapeuticsMD
Thunderbird Resorts
TIE
Tigenix
Tikkurila
TINC
TITAN CEMENT INTERNATIONAL
TKH Group
TMC
TNT Express
TomTom
Transocean
Trigano
Tubize
Turbo's
Twilio
UCB
Umicore
Unibail-Rodamco
Unifiedpost
Unilever
Unilever
uniQure
Unit 4 Agresso
Univar
Universal Music Group
USG People
Vallourec
Value8
Value8 Cum Pref
Van de Velde
Van Lanschot
Vastned
Vastned Retail Belgium
Vedior
VendexKBB
VEON
Vermogensbeheer
Versatel
VESTAS WIND SYSTEMS
VGP
Via Net.Works
Viohalco
Vivendi
Vivoryon Therapeutics
VNU
VolkerWessels
Volkswagen
Volta Finance
Vonovia
Vopak
Warehouses
Wave Life Sciences Ltd
Wavin
WDP
Wegener
Weibo Corp
Wereldhave
Wereldhave Belgium
Wessanen
What's Cooking
Wolters Kluwer
X-FAB
Xebec
Xeikon
Xior
Yatra Capital Limited
Zalando
Zenitel
Zénobe Gramme
Ziggo
Zilver - Silver World Spot (USD)