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

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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,880 10 mei 2024 17:35
  • +0,200 (+0,84%) Dagrange 23,870 - 24,320
  • 2.942.344 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 576 577 578 579 580 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 6 maart 2017 16:52
    Tata Steel & Thyssenkrupp merger plans under threat - Report

    DNA reported that a UK media report claimed that Tata Steel may be considering breaking off talks over a planned merger of its European business with German conglomerate Thyssenkrupp. The Sunday Times claims that the deal may be under threat due to German pension liabilities.

    According to the newspaper, Dutch unions representing workers at Tata's vast Ijmuiden plant have raised concerns over the Thyssenkrupp pensions, which are an unfunded liability and underpinned by cash-flow from the steelworks.

    The merger talks had been revealed by the Indian steel giant last year as part of a major restructuring of its UK steel business. The deal has been slow moving as Tata Steel tries to solve the problem of its own GBP 15 billion British steel pensions scheme.

    Last month its UK workers had voted in favour of a new pension deal to save their jobs. Nearly 10,000 workers voted in a ballot in favour of moving from a final salary pension to a less generous scheme in return for job safety and Tata's promise of nearly GBP 1 billion worth of investment over the next 10 years.

    Source : DNA
  3. forum rang 10 voda 6 maart 2017 16:53
    SAIL asked to operate Monnet Ispat till buyer finalized - Report

    PTI reported that the Indian government is examining the possibility of SAIL undertaking operation and maintenance of ailing Monnet Ispat & Energy Ltd till the lenders are able to find a buyer for the company. According to a government official, however, it may not be possible for Steel Authority of India to take over MIEL which is up for sale but it would definitely explore the option of maintaining the steel plant.

    The report quoted the official a saying that “Recently, it was asked whether SAIL is interested in taking Monnet if bank takes all the equity. Since they (lenders) have got just one bid they are exploring various options. As a result a few days back they also approached the Steel Ministry. SAIL will not take over. SAIL has not to even buy. It will not even bid. It may just do the operation and maintenance. Right now they (lenders) have asked the Steel Ministry whether SAIL can operate and maintain. Banks don’t know how to run steel…So it is asking SAIL”.

    A consortium led by SBI, sources said, has taken over the debt-ridden company and is looking for a buyer as part of the strategic debt restructuring. The lenders have already sought bids from prospective buyers but have not received good response. Only JSW Steel has expressed keenness to take over MIEL which is facing debt problem.

    Source : PTI
  4. forum rang 10 voda 6 maart 2017 16:58
    Philippines mining policy ranked among world’s worst

    Philippine Daily Inquirer reported that Philippines has one of the world’s worst mining policies, according to a yearly study by the Canadian think tank Fraser Institute.

    Results of Fraser Institute’s 2016 survey of mining companies show that the Philippines plunged back to the bottom 10, ranking 100th out of 104 mining jurisdictions in terms of the policy environment. The survey, conducted from Aug. 30 to Nov. 18 in 2016, covered the opinions of executives and representatives of 350 mining and exploration companies.

    Based on the survey’s Policy Perception Index, the country scored 28.68 points out of a possible 100, returning to the worst 10 in the roster.

    The Philippines emerged from the list of the 10 worst jurisdictions in the world in the previous survey, ranking 89th out of 109 jurisdictions in 2015.

    To explain the Philippines dropping by 11 notches in the PPI, the Fraser Institute said in its 74-page report that investors indicated increased concern over uncertainty regarding the administration, interpretation, or enforcement of existing regulations; uncertainty concerning protected areas, uncertainty concerning environmental regulations, and uncertainty concerning disputed land claims.

    In February, Environment Secretary Regina Lopez announced she wanted 23 mines shut down and five others suspended, mainly because most of these were located in a watershed. For the same reason, Lopez said she wanted 75 mineral production sharing agreements cancelled.

    The PPI is composed of survey responses to policy factors that affect investment decisions.

    Such factors include uncertainty concerning the administration of current regulations, environmental regulations and the legal system and taxation regime.

    Source : Business.inquirer.net
  5. forum rang 10 voda 6 maart 2017 17:01
    ArcelorMittal colleague among most inspirational women in mining

    Wing-Yunn Crawley, biodiversity manager from our mining operations in Liberia, has been named a finalist in the 2016 “100 Inspirational Women in Mining” list by Women in Mining UK, which celebrates the positive impact of women within the global mining sector.

    Wing has also made a top 10 list, compiled by the editor of Mining Global magazine, who whittled down WiM’s original 100 to the 10 he felt were most inspiring of the them all. His list featured in the January 2017 issue of Mining Global Magazine, which has a specific focus on women in mining.

    Passionate about balancing the relationship between mining and the environment, Wing has built strong links with local communities, NGOs, and government agencies, which may explain why these accolades have come her way.

    Explaining her reason for choosing to apply her skills and passion for nature from within a mining company, rather than working for conservationists, Mr Wing said that “This job is an opportunity to make a difference from the inside and influence decisions, to really push at an internal level to ensure the company mines responsibly.”

    Mr Wing’s extensive experience in expeditions and long-term surveys in remote parts of the Philippines and Sierra Leone and reputation for delivering standout work under budget and ahead of schedule, have marked her out as a remarkable talent.

    At ArcelorMittal Liberia, Wing has set up from scratch a biodiversity offset programme to compensate for the impact caused by mining in mountainous tropical rainforest. She and her team have had many Liberian firsts, from piloting conservation agreements to radio tracking endangered species, supporting the co-management of protected areas, and developing different agricultural systems to alleviate pressure on forests.

    Four years into her stewardship, the programme has become a global group showpiece and she has become a familiar face on international conference circuit.
    She’s even had a newly-discovered butterfly named after – a rare honour in the scientific world.

    The butterfly – Wing’s Epitola—Cephetola wingae – bears Wing’s name in recognition of her significant contribution to ArcelorMittal Liberia’s biodiversity programme.

    Szabolcs Sáfián, who discovered the butterfly, said that “The species is named after Wing-Yunn Crawley, biodiversity programme coordinator for ArcelorMittal Liberia. Wing is among the most enthusiastic conservationists I have ever worked with. Without her commitment, the East Nimba Nature Reserve and the Liberian Nimbas would not have received their well-deserved attention and care from conservation organisations and researchers.”

    WIM (UK) is a non-profit organisation dedicated to promoting the employment, retention and professional development of women in the mining and minerals sector. This group was created in 2006 and now includes more than 1,200 members representing a variety of mining-related businesses and professions. The organisation promotes informal networking opportunities and access to ideas across and beyond corporate cultures.

    Source : Strategic Research Institute
  6. forum rang 10 voda 6 maart 2017 17:08
    Brazil's iron ore exports in January surges 15%

    Scrap Monster reported that Brazil's iron ore exports increased sharply during the month of January this year, says latest statistics released by the Secretariat of Foreign Trade (SECEX) under the Ministry of Development, Industry and Commerce of Brazil.

    Brazil’s iron ore exports totaled 28.915 million tonne during the month. This is considerably higher by 15.5% when matched with the exports during the corresponding month the year before. The country had exported 25.037 million tonne of iron ore during January 2016. Also, the total value of exports by the country has skyrocketed by nearly 147% over the year from USD 656.111 million in January 2016 to USD 1.620 billion in January this year. The average export price too has surged higher significantly by 113.8% year-on-year to USD 56.0 per tonne FOB in Jan ‘17. The Brazilian iron ore exports had averaged at USD 26.2 per tonne FOB in January 2016.

    The largest importer of iron ore from Brazil during the month was China. The imports by China totaled 16.239 million tonne, valued at USD 874.33 million. The export prices averaged at USD 53.80 per tonne. Brazil exported 2.723 million tonne of iron ore to Japan during the month. The Japanese imports from Brazil were valued at USD 142.602 million. The average price of export stood at USD 52.4 per tonne. In third place was Malaysia with 1.841 million tonne. The total value of imports by the country amounted to USD 99.814 million. The imports of Brazilian ore by Malaysia averaged at USD 54.20 per ton during January this year. The other key importers of iron ore from Brazil were the Netherlands (1.342 million tonne), Oman (878,644 tonne), France (866,490 tonne) and Turkey (600,989 tonne).

    The exports of agglomerated iron ore during January ’17 totaled 2.317 million tonne, significantly down by 38.1% when compared with the same month a year before. The Brazilian agglomerated iron ore exports had totaled 3.741 million tonne during January 2016. The value of exports amounted to USD 194.528 million during Jan ‘17. The export value has dropped marginally by 1% when compared with the previous year. The Brazilian agglomerated iron ore exports were valued at USD 196.547 million during January 2016. The export prices of agglomerated ore saw considerable increase of almost 60% over the year. The average export price edged higher from USD 52.50 per ton in Jan ’16 to USD 83.9 per ton in Jan ‘17.

    The largest importer of agglomerated iron ore from Brazil was the Netherlands. The imports by the country totaled 378,982 tonne. The value of iron ore imports by the Netherlands totaled USD 31.634 million. The exports averaged at USD 83.50 per ton. The other key importers of Brazilian iron ore during the month were the USA (341,297 tonne), Egypt (260,363 tonne), South Korea (243,359 tonne) and Japan (211,641 tonne).

    The exports of non agglomerated iron ore totaled 26.598 million tonne, accounting for nearly 92% of the total exports. The non-agglomerated iron ore exports by the country increased by one-fourth when matched with 21.296 million tonne exported during January 2016. The value of non-agglomerated iron ore exports has increased sharply by nearly 210% year-on-year to USD 1.426 billion from USD 459.564 million a year before. The ore export prices more than doubled from USD 21.6 per ton to USD 53.6 per ton.

    The country exported non-agglomerated iron ore mainly to China. The Chinese imports from Brazil totaled 16.239 million tonne at an average price of USD 53.8 per ton. The value of iron ore imports by China totaled USD 874.326 million. The other primary importers of non-agglomerated iron ore from Brazil during January this year were Japan (2.512 million tonne), Malaysia (1.841 million tonne) and the Netherlands (963,468 tonne).

    Source: Strategic Research Institute
  7. forum rang 10 voda 6 maart 2017 17:09
    Centre asks Odisha to expedite exploration of iron ore mines

    Press Trust Of India reported that Centre has asked Odisha government to expedite exploration of iron ore mines as the production of the raw material may decline considerably and may lead to crisis after expiry of leases in 2020.

    An official said that the Mines Ministry stressed on accelerating the pace of exploration, especially mines producing iron ore in Odisha, where iron ore production may reduce significantly resulting in a mineral crisis after expiry of such leases in 2020.

    The official added that the ministry also advised all states, including Odisha, to encourage the lessees of these mines to take up detailed exploration and to develop phased final mine closure strategies and plans, so that blocks on expiry of the lease period may immediately be put up for auction.

    Around 240 mines where leases are due to expire in March 2020 and the resources available in them have already been identified, the official said that "Indian Bureau of Mines has also evaluated and submitted a report to the Ministry of Mines on the resources that will be exploited till March 2020 and the area will remain to be explored to G2 and G1 and for exploitation later.”

    As many as 21 mining leases have already been auctioned so far with a cumulative resource value of around Rs 94,000 crore.

    Source : Press Trust Of India
    Bijlage:
  8. forum rang 10 voda 6 maart 2017 17:10
    Changes to Pilbara Ore Reserves and Mineral Resources

    Included in Rio Tinto’s annual Ore Reserves and Mineral Resources tables, released to the market today as part of its 2016 Annual report, are changes in Ore Reserves and Mineral Resources in Pilbara iron ore deposits in Western Australia.

    The updated Ore Reserves and Mineral Resources are reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, 2012 (JORC Code) and the ASX Listing Rules. As such, the reported changes relating to three Pilbara iron ore deposits require the additional supporting information set out in this release and its appendices. Ore Reserves and Mineral Resources are quoted on 100 per cent basis. Rio Tinto’s interests are listed on pages 6, 7, 11, and 14.
    Rio Tinto’s Ore Reserves and Mineral Resources are set out in full in its 2016 Annual report.

    During 2016, increases to estimated iron Ore Reserves have been delivered as part of the ongoing resource development drilling program designed to maintain Ore Reserves coverage ahead of mining depletion rates. During the same period, estimated Mineral Resources increased by 350 Mt.

    Source : Strategic Research Institute
    Bijlage:
  9. forum rang 10 voda 6 maart 2017 17:12
    Rio Tinto CEO Sam Walsh is having problems with his bonus

    Business Insider reported that Mr Sam Walsh the retiring CEO of Rio Tinto, has had 80% of his pay withheld while the mining giant investigates payments made to a consultant on an iron ore project in Africa.

    According to the annual report, Walsh was paid AUD 1.66 million in 2016 for his last nine months at the company, a long way from the previous year’s AUD 9.14 million even when considering he worked another three months.

    Missing is about AUD 9.7 million in short and long term incentives he is due under Rio’s executive remuneration plans.

    Two executives have already lost their jobs after an internal investigation into 2011 contracts with a consultant who provided advisory services on the Simandou iron project in Guinea, West Africa.

    The company said that “The board has determined that it would be inappropriate, while investigations are ongoing, to make any determination (on incentive payments) about Sam Walsh, our former chief executive, or about his outstanding remuneration.”

    Rio and Walsh have agreed to defer the payment of his 2016 short term incentive award and all remaining unvested long term incentive payments for a minimum of two years.

    Under the agreement, Walsh will get half his incentives on December 31, 2018, and the rest by December 2020.

    The company said that “The payment of any of these awards is contingent on there being no information in connection with the Simandou matter which would justify the remuneration committee making a determination to cancel, defer or reduce these awards.”

    Mr Walsh’s long term incentive is worth about AUD 7.97 million and a short term payout of AUD 1.63 million.

    But Walsh is still doing well on superannuation. He currently has a lump sum benefit valued at AUD 10.77 million.

    On his retirement last year, Walsh was also paid out the balance of unused long-service leave and annual leave, a combined total of AUD 2.85 million.

    Source : Business Insider
    Bijlage:
  10. forum rang 10 voda 6 maart 2017 17:13
    Chinese iron ore miners plot return as prices surge
    Published on Mon, 06 Mar 2017

    Reuters reported that rocketing iron ore prices may prompt Chinese producers to reopen mines shuttered years ago in a sector downturn, potentially tightening the market for marginal foreign suppliers to the world's biggest importing country.

    Trader said that a revival could help Chinese steel mills cut raw material import costs, boosting margins amid rising steel prices. If more domestic ore is produced, mills could also use that as leverage to push for better deals on seaborne imports from top suppliers like Vale, Rio Tinto and BHP Billiton.

    A booming Chinese steel market pushed iron ore to USD 94.86 a tonne last month, its strongest since August 2014. With Beijing expected to boost infrastructure spending, the raw material looks set to rally further, making domestic production more viable.

    Mr Pan Guocheng, head of medium-sized miner China Hanking Holdings Ltd said that "Quite a few Chinese iron ore miners are planning to come back and reopen their mines.” While low prices led to closure of more than a third of China's iron ore capacity since 2013, Pan expects nearly half of those mines to restart - if the price stays above USD 80 for another six months.

    Hanking is now considering restarting one of three mines it closed when times were leaner. Mr Pan said that"If the price will stay high. we are going to seriously re-evaluate if that mine should be reopened."

    A wave of mine reopenings won't present any immediate threat to Vale, Rio Tinto and BHP Billiton, giants that supply top-grade material that's an essential element of the input mix used in steel mill blast furnaces.

    Raw Chinese iron ore only has iron content of about 20% compared to more than 60 percent mined by Vale, Rio and BHP. But processed Chinese ore can go up to 66%.

    Some mills prefer to use the best grades of Chinese iron ore they can find, rather than lower grade material from overseas.

    An official from a steel mill in southeastern China, speaking on condition of anonymity because he was not authorised to speak to media said that "We are looking to get more local iron ore but we cannot find a lot of it now. I think they're just preparing to restart."

    Source : Reuters
  11. forum rang 10 voda 6 maart 2017 17:25
    500 local jobs in doubt as Rio prepares to cut deeper

    The West reported that Rio’s annual report shed 673 positions last year, ending the year with 10,424 direct employees. That is 1600 fewer than at the end of 2014. The job cuts will have been a big contributor to the USD 315 million Rio cut from its local costs last year, as it booked underlying after-tax profits from the Pilbara of USD 4.6 billion, up 17% from 2015, on export volumes that rose 3%.

    Further job losses are on the way, with new Rio iron ore boss Chris Salisbury nearing the end of a review process that could lead to another 500 positions cut from Rio’s local operations.

    Rio’s employment figures were released as the State closes in on an election that will decide the fate of a $5-a-tonne levy pitched by WA Nationals leader Brendon Grylls.

    It is the centrepiece of Mr Grylls’ strategy to position himself as the kingmaker if neither Labor nor Premier Colin Barnett win enough seats to govern in their own right.

    The mining industry has criticised the levy as a threat to jobs and investment in WA’s iron ore industry.

    Rio Tinto has previously defended cost-cutting programs as necessary to insulate its business against falls in the iron ore price expected as new supply comes into the market.

    Source : The West
    Bijlage:
  13. [verwijderd] 7 maart 2017 01:33
    quote:

    sodemwin schreef op 6 maart 2017 16:52:

    conclusie??
    Conclusie van wat? Wat is je eigen conclusie na het lezen van de nieuwsberichten?

    Ik zal even toelichten wat het doel van deze draad is:

    Deze draad is de nieuwsdraad waar eigenlijk alleen nieuwsberichten gedeeld worden en waar af en toe wat gedachten erover uitgewisseld worden.

    Voda doet dit al jaar in jaar uit, wat een hele prestatie is en een waardevolle bron van het laatste nieuws overzichtelijk in één draad.

    Success,

    Ozzy
  14. [verwijderd] 7 maart 2017 01:57
    quote:

    voda schreef op 6 maart 2017 21:23:

    Voor later, als ze helemaal fout zitten!

    Experts somber over Arcelor, Boskalis en Unilever

    www.belegger.nl/Column/261993/Experts...
    Tsja

    Citaat:
    Topaandelen bleven achter
    De aandelenkeuzes van experts voor februari waren volgens Van Zeijl niet best. "Bijna alle topaandelen bleven achter bij de AEX en ook aan de flopperskant was het simpelweg slecht.(slechts twee van de vijf stonden in de min met Altice-1.8 en met SBM -3.5) ArcelorMittal en Heineken scoorden allebei prima, terwijl experts toch dachten dat het niet zo'n beste maand zou worden voor deze aandelen." (Ja, Arcelor +15.6 en Heineken +12.5)

    Voor Maart is de selectie een raadsel, Galapagos (koop) heeft volgens Googlefinance een k/w van 58.5. KPN schommeld weinig, dus dat is veilig om te noemen als koop. Royal Dutch heeft een k/w van 46, het dubbele van de meeste olie aandelen. koop is dan ook merkwaardig. (Total heeft een k/w van 20 en 5% dividend rendement). Ahold Delhaize heeft een lagere waardering k/w 15 dan b.v. Carrefour k/w 18 en ongeveer gelijk dividend rendement. Dus die keuze lijkt goed.

    Bij de floppers lijkt de somberheid over Arcelor alleen gebaseerd te zijn op de 15% stijging van vorige maand. Unilever ook op de floplijst ivm de flinke stijging. UNA k/w is 24.5 en die van Procter & Gamble op 26.
    Boskalis heeft een k/w van 15 wat me niet overdreven hoog lijkt; ik kan wat belangrijk nieuws gemist hebben hoerover.

    Bedankt voor het delen Voda en een AB erbij.

    Ozzy


  15. forum rang 10 voda 7 maart 2017 16:26
    Beursblik: ArcelorMittal in wachtstand voor overname Ilva

    Beslissing door overheid valt binnen dertig dagen volgens Kepler Cheuvreux.

    (ABM FN-Dow Jones) De Italiaanse overheid zal naar verwachting binnen dertig dagen een oordeel vellen over het gezamenlijke bod van ArcelorMittal en Marcegaglia op de Italiaanse staalfabriek Ilva. Dit zei analist Rochus Brauneiser tegenover ABM Financial News.

    Volgens de analist ontbreken vooralsnog de belangrijkste details omtrent het bod, zoals de overnameprijs en hoe de combinatie de overname wil formaliseren. De staalreus liet wel weten na de overname 2,3 miljard euro te gaan investeren in het bedrijf.

    Onder de investeringen valt een toezegging van de combinatie om 1,1 miljard euro te besteden aan het optimaliseren van de milieuprestaties.

    ArcelorMittal zal naar verwachting een joint venture met gelijke belangen vormen met het Italiaanse Marcegaglia. Naast het bod van ArcelorMittal en Marcegaglia zou ook een combinatie van JSW Steel, Arvedi, Del Vecchio en zakenbank Cassa Depositi e Prestiti (CDP) in de race zijn voor de staalfabriek in Taranto. CDP is voor 80,1 procent in handen van de Italiaanse overheid.

    Kepler Cheuvreux hanteert een Kopen advies voor ArcelorMittal met een koersdoel van 12,00 euro. Het aandeel noteerde dinsdag op een groen Damrak 0,1 procent hoger op 8,26 euro.

    Door: ABM Financial News.

    info@abmfn.nl

    Redactie: +31(0)20 26 28 999

    Copyright ABM Financial News. All rights reserved

    (END) Dow Jones Newswires
  16. forum rang 10 voda 7 maart 2017 16:41
    Bangladesh ready for next phase to make ship recycling green and sustainable

    The International Maritime Organization, the Government of the People’s Republic of Bangladesh and the Secretariat of the Basel, Rotterdam and Stockholm Conventions have jointly implemented the 30-month “Safe and Environmentally Sound Ship Recycling in Bangladesh – Phase I” (SENSREC project).

    These included economic and environmental studies on the ship-recycling industry in Bangladesh; studies on managing hazardous materials; refining the Government One-Stop Service (in which all the various ministries with a responsibility for ship recycling offer a single point of contact for related matters); developing training materials; and preparing a document for a follow-up Phase 2 to implement the recommendations of the first phase.

    The second phase of the project is expected to focus on constructing a dedicated waste-management facility for treating, storing and disposing of the hazardous waste as well as rolling out a comprehensive training program aimed at workers in ship recycling yards, supervisors and government officials.

    The main funding for the project came from the Norwegian Agency for Development Cooperation. The European Union also supported the project with additional funding channelled through the Secretariat of the Basel, Rotterdam and Stockholm Conventions.

    Speaking at the Dhaka meeting, Her Excellency Ms Sidsel Bleken, Ambassador of Norway to Bangladesh, highlighted the significant progress made. She said that “The SENSREC Project has achieved significant progress in terms of developing health, safety and environmental standards and appropriate training programmes that should stimulate a sustainable ship recycling business in Bangladesh. Now, it is important to apply these measures, particularly the workers’ training program.”

    She said that “Following the positive momentum created by phase I of the project, and based on the requests from industry stakeholders, the Norwegian Embassy has decided to continue its support to the ship-recycling sector in Bangladesh. The purpose is to scale-up the capacity enhancement to its next level and support implementation measures relating to environment, health and safety standards, by institutionalising the workers’ training programme in practice.”

    Source : IMO
    Bijlage:
  17. forum rang 10 voda 7 maart 2017 16:46
    Tsingshan Holding to build a steel factory in Indonesia

    Jakarta Globe reported that Tsingshan Holding Group, a Chinese steel conglomerate, plans to build a carbon steel factory capable of processing 4 to 5 million tons of the alloy per year at its facility in Central Sulawesi, the Indonesian Minister of Industry Airlangga Hartanto told reporters last week.

    The project, which is estimated to cost between USD 4-5 billion, will be the group's latest expansion in Indonesia since 2014, when the Southeast Asian nation banned all exports of nickel ore, a mineral used in the production of stainless steel.

    Airlangga announced after a meeting with the Chinese ambassador and the chairman of the Tsingshan Holding Group, Xiang Gangda that "In addition to expanding their existing stainless steel pant, Tsingshan also said it plans to produce carbon steel [in Indonesia]. To that end, the company requested the import of additional industrial equipment.”

    Tsingshan is the cornerstone investor at the Indonesia Morowali Industrial Park based in Central Sulawesi. The company also operates a ferronickel processing plant capable of producing 500,000 tons of the alloy per year through its subsidiary company, Sulawesi Mining Investment.

    SMI's ferronickel nickel content is recorded at 15%, bringing the total production of pure nickel to around 75 thousand tons annually. Ferronickel is a raw material found in stainless steel, often used in pipes or common household appliances. Carbon steel, on the other hand, is made of small quantities of carbon and iron and is often found in steel wires.

    IMIP, established in 2015 by a consortium of Chinese and local investors, represents Indonesia's most recent effort to extract the highest market value for its raw mineral exports.

    Source : Jakarta Globe
    Bijlage:
  18. forum rang 10 voda 7 maart 2017 16:50
    US ruling on Chinese steel sheet imports groundless:

    ANI reported that China has discarded a recent United States ruling on Chinese steel products terming it as 'groundless'.

    Head of the Ministry of Commerce's trade remedy and investigation bureau Wang Hejun said the US ruling is against the facts and has failed to take into consideration the evidence and documents provided by Chinese manufacturers, reports Xinhua.

    China expressed its apprehension after the US Department of Commerce declared that subsidized Chinese steel sheet and strip products are sold in the country at less than fair value.

    Wang said China has urged the United States to make an objective and fair ruling to avoid adversely impacting economic and trade relations between the two countries.

    Chinese exporters suffered a total of 20 trade remedy probes initiated by the United States in 2016, an 81.1% increase year on year, Xinhua quoted the MOC's statement.

    The MOC said the 11 anti dumping and nine anti subsidy investigations involving 3.7 billion US dollars went up by 131% from 2015.

    Source : ANI
  19. forum rang 10 voda 7 maart 2017 16:53
    ArcelorMittal expands steel sales to Iran
    Published on Tue, 07 Mar 2017

    Financial Tribune reported that ArcelorMittal has expanded its cooperation with Iran in 2016 by increasing steel product shipments to the country. The company intends to continue cooperation with Iranian customers, but only in compliance with applicable sanction regulations, Metal Expert cited an official statement made by the Luxembourg-based multinational steel manufacturing corporation.

    In 2016, steel sales of ArcelorMittal’s subsidiary ArcelorMittal International FZE in Dubai, otherwise known as AIMD, to customers in Iran generated $388 million in revenue, according to an official statement. With the ease of sanctions of the United Nations, European Union and the United States in January 2016, AMID started selling directly to buyers in Iran while earlier the company preferred to deal with trading companies, most of which were based in the UAE.

    As a result, AIMD has been marketing construction steel and flat products to Iran as well as API grade slab products for use in the energy and petrochemicals sector.

    In the meantime, ArcelorMittal’s Europe division has been concentrating on sales of coated flat products, alloy steel plates and stay cable strands both directly and indirectly for projects in Iran.

    ArcelorMittal intends to keep up cooperation with Iranian buyers of steel products and continues to monitor the developments in this area, especially the ones related to the sanction policies against Iran.

    Source : Financial Tribune
  20. forum rang 10 voda 7 maart 2017 16:55
    Ukraine will turn into a net importer of the metal scrap in 2017 – Interpipe

    In 2017, for the first time ever, Ukraine will become a net importer of the metal scrap. Collection of this raw material in Ukraine will amount to 2.9 to 3.1 million tonne (excluding the entry into the market by Ukrzaliznytsya), while the scrap price is not going to get lower than the export parity price in Turkey.

    Source : Strategic Research Institute
    Bijlage:
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ArcelorMittal Nieuws

  1. 02 mei Beursblik: resultaten ArcelorMittal beter dan verwacht 1
  2. 02 mei AEX gaat hogere opening tegemoet, terwijl blue chips over elkaar heen buitelen met cijfers 4
  3. 02 mei Meer omzet en hoger resultaat bij ArcelorMittal
  4. 01 mei Lagere winst ArcelorMittal verwacht
  5. 23 apr Mondiale staalproductie daalt toch weer
  6. 16 apr Deutsche Bank haalt ArcelorMittal van de kooplijst 1
  7. 12 apr Video: cyclische aandelen bieden kansen
  8. 09 apr World Steel Organisation ziet vraag naar staal weer groeien
  9. 22 mrt Mondiale staalproductie in de lift
  10. 12 mrt ArcelorMittal neemt groot belang in Vallourec

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