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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,590 30 apr 2024 17:39
  • -0,460 (-1,91%) Dagrange 23,540 - 23,960
  • 2.340.129 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 641 642 643 644 645 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 5 juli 2017 16:42
    NLMK Stoilensky pelletizer produces its 3 millionth tonne of pellets

    Stoilensky, part of NLMK Group, an international steelmaking company with operations in Russia, the European Union and the USA, has produced its three-millionth tonne of pellets at its pelletizing plant, one of the largest in Europe.

    Launched in November 2016, the pelletizing plant was recognized as the 2016 Event of the Year in the Russian steel industry by experts at the Metal-Expo'2016 international exhibition. The plant has a design capacity of 6 million tonnes of pellets per year. The pelletizer equipment allows for a further 20% expansion of this capacity to reach 7.2 million tonnes of pellets per year.

    The concept behind the design of the pelletizing plant is that of an environmentally friendly, waste-free facility, in which waste charge material and captured dust are fully recycled. A high efficiency dedusting system captures up to 98% of emissions.

    Sergey Napolskikh, Stoilensky General Director, said “It’s an important milestone for Stoilensky, its three-millionth tonne of pellets. Thanks to our motivated and highly qualified team, the plant was able to reach design capacity in just 6 months and has since gone from strength to strength. We supply over 500,000 tonnes of 64.8% Fe pellets (in line with the project parameters) to NLMK Lipetsk every month. The induration machine is running at 789 tonnes/hour, as expected. Achieving all the set goals will enable us to ensure NLMK Group’s control over raw material costs.”

    This high-tech facility took two years to build. The active phase of the project, which is the largest in its region, began in 2014 and required a total investment of around $680 million (34 billion rubles).

    The best available technology and equipment was selected during the design phase. The largest induration furnace in Europe ensures the plant’s high performance at 780 tonnes of pellets produced per hour.

    The launch of the pelletizer that is of strategic importance for NLMK Group enabled the Company to consolidate its position as one of the most efficient steelmakers in the world by supplying its blast furnaces with low cost captive raw materials.

    Source : Strategic Research Institute
    Bijlage:
  3. forum rang 10 voda 5 juli 2017 16:48
    Nickel prices fall as supply increases

    Nickel prices fell on Tuesday on expectations of plentiful supply from Indonesia and the Philippines, while industrial metals were mostly lower as investors took profits following a recent rally. Benchmark nickel on the London Metal Exchange closed down 2.2% at USD 9,180 a tonne. Capital Economics' Bain said “Supplies looked solid as Indonesia exported more ore and fears of mine closures in the Philippines faded. Chinese stainless steel production, the main source of nickel demand, had also fallen.”

    Indonesia issued recommendations that will allow PT Ceria Nugraha Indotama to export 2.3 million tonnes of nickel ore through to July 2018. Brazil's Vale said it was reassessing its loss-making New Caledonian nickel operations.

    Source : Reuters
  4. forum rang 10 voda 5 juli 2017 16:48
    Vale reviewing New Caledonia nickel operations

    Reuters reported that Brazil's Vale is reassessing its loss making New Caledonian nickel operations as part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge last month. Spokesman Cory McPhee told Reuters that "Under the leadership of our new CEO, Vale is reviewing all assets and operations, with low-performing assets an area of particular focus. Vale New Caledonia is part of that review.”

    The spokesman added that "The nickel price today is languishing at around $9,000 a tonne with no indication of recovery in the near-term. This has forced us to reassess all areas of the nickel business, including our operations in New Caledonia, which continue to lose money at these prices."

    Schvartsman has set up working groups to assess each of the business units at Vale, the world's biggest iron ore miner, and a report is expected within two months, according to analysts.

    Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore enters the market, and Vale has already said it plans to suspend two of its older high-cost Canadian mines this year.

    Vale has said that it is aiming to cut cash costs to USD 10,500 to USD 11,000 a tonne at its New Caledonia operations in the second half, as it ramps up production and prices of byproduct cobalt soar.

    Source : Reuters
  5. forum rang 10 voda 5 juli 2017 16:52
    Ferrum Crescent disposes Moonlight iron ore project in South Africa

    Ferrum Crescent, the European lead-zinc explorer, announced that it has entered into a legally binding agreement for the sale of Batavia Ltd, its wholly owned Mauritian subsidiary which is the investment holding company for all the Group’s South African assets, including the Moonlight iron ore project in Limpopo Province, northern South Africa, to NPSPL Africa Holdings Limited and its BEE partner, Ngwenya Capital Limited.

    Source : Strategic Research Institute
    Bijlage:
  6. forum rang 10 voda 5 juli 2017 16:54
    Iron ore market heading for a bumpy ride

    Bloomberg reported that iron ore markets are heading for a very bumpy ride in the next couple of years, marked by significant price swings amid the restructuring of the steel industry in China, according to the developer of a planned USD 3.7 billion mine in Australia. Mr Andrew Stocks managing director of Iron Road Ltd whose partner in the mine, port and rail project is China Railway Group Ltd the world’s second-largest infrastructure builder said that “Extreme volatility is going to be a hallmark of the market for at least a year or two. We shouldn’t be afraid of that, that is just the way it is.”

    Iron ore has swung from a bear to bull market all within three months, rebounding from a year low of USD 53.36 a metric ton last month on a surge driven by mills in China boosting purchases to replenish inventories, with higher-grade ore in demand. This volatility is the result of the Chinese market transitioning to a cleaner, leaner production phase, according to Stocks, who sees prices averaging about USD 70 a tonne over the longer term.

    He said that “You have got a fair bit of iron ore around the world.: He added that this oversupply has led to record stockpiles sitting at ports and mills that may take a year to recede to a reasonable level.

    BHP Billiton Ltd. last week said it sees a smoothing out of the recent volatility. The addition of low-cost supply coming from rivals including Vale SA’s S11D project will see less short, sharp shocks in the price, it said. Goldman Sachs Group Inc said the price is heading lower and Citigroup Inc. forecasts a slump back to the USD 40s.

    Iron Road is in talks with China Development Bank, Industrial and Commercial Bank of China Ltd. and China Construction Bank Corp. about providing up to USD 3 billion in financing for the project that will produce about 20 million tons a year of iron concentrate, a higher grade product, for at least 25 years. A decision may be made within six to nine months, Stocks said.

    Source : Bloomberg
  7. forum rang 10 voda 5 juli 2017 16:55
    Rio Tinto confirms death of Yandicoogina mine worker in Pilbara

    ABC News reported that a man aged in his early 50s has died at a Rio Tinto mine site in Western Australia's Pilbara region. Rio Tinto said the worker died at its Yandicoogina iron ore mine, almost 100 kilometres north-west of Newman, on Tuesday morning.

    It said "An employee at Rio Tinto's Yandicoogina iron ore mine passed away this morning following a serious incident on site. Emergency services are on scene. Rio Tinto has advised the relevant authorities and will assist their investigations. The company will provide all the necessary support for the employee's family and colleagues during this difficult time."

    Police believe the man was aged in his early 50s and have launched an investigation into his death.

    A police spokeswoman said the death was reported to them just after midday and officers were at the scene.

    The Department of Mines and Petroleum is also investigating what happened.

    Source : ABC News
  8. forum rang 10 voda 5 juli 2017 16:57
    Australian commodity prices fell heavily again in June

    Business Insider reported that prices for Australia’s key commodity exports fell heavily again last month. As per data released by the Reserve Bank of Australia Commodity Price Index fell by 4.3% in SDR terms in June, following a 7.2% decrease in May. Courtesy of a stronger Australian dollar, prices in local currency terms fell by a larger 5.3%.

    The SDR currency basket, determined by the IMF, is a weighted index tracking movements in the US dollar, euro, Chinese renminbi, Japanese yen and the British pound over a particular period.

    The RBA said the decrease in June was led by declines in iron ore, coking coal and base metals prices, offset by an increase in those for rural goods.

    These estimates are based on export prices using market information provided to the RBA and do not reflect movements in spot markets.

    Using spot price movements, the RBA said the index fell by 5.1% in June.

    Despite recent weakness, as shown in the chart below from the RBA, commodity prices are still significantly higher than a year ago.

    In SDR terms they increased by 25%, and by a smaller 20.2% in Australian dollar terms.

    Source : Business Insider
    Bijlage:
  10. forum rang 10 voda 5 juli 2017 17:02
    Stressed assets of steel sector major worry - Mr Sushim Banerjee

    Mr Sushim Banerjee DG of Institute of of Steel Growth and Development in his personal capacity wrote for Financial Express that one of the major irritants in the growth journey of Indian steel industry seeking an augmentation of steel capacity to cater to the emerging demand from various end using sectors has been the poor record of repayment of loans taken from the banks and other financial institutions. Out of the total loans to the industry, the steel sector has a share of 10.24% (INR 3.1 lakh crore). It is reported that the stressed assets of steel sector out of the gross NPAs comprise around 29.38% and stands at INR 1.5 lakh crore. In China the financial liabilities of the banks and financial institutions to the steel sector consisting of SOEs and SMEs are also enormous. In fact many of the provincial governments in China have already converted a part of the loans into equity of the enterprises which are mostly SOEs.

    The financial liabilities of SMEs are a major worry as a large number of them are served notices for violation of environment norms and therefore need to be closed their operations. Under the current subdued market conditions and the continuing economic restructuring that is taking place in China, the demand for conventional standard grades of steel is on the wane and the suppliers of these grades of steel from induction furnaces and other SMEs that are environment polluting would be facing a huge problem of survival.

    After a series of financial restructuring schemes such as 5/25 schemes, strategic debt restructuring schemes, conversion of loans by the lender groups into equity, the issue of stressed assets and NPAs became the sole indicator of the banks’ ability to extend loans to steel sector in the country not only for capacity expansion but even for meeting the working capital requirements and participation costs in the bidding process of acquiring fresh mines of coking coal and iron ore.

    Apart from forming an oversight committee on bad loans, RBI has now come out with a list of 12 major defaulters in steel, infrastructure, auto component sectors to take appropriate steps. Already the four major creditors in the steel sector, namely, two Bhusan groups, Electrosteels, Essar steel with a combined debts of INR 1.29 lakh crore have been referred for insolvency proceedings under the Insolvency and Bankruptcy Code to National Committee for Law Tribunal by SBI, the lead lender for three cases and PNB for one (Bhusan Steel and Power).

    As per the norm, if three-fourths of the lenders are convinced of a revival plan, the deadline of six months can be extended by another three months, else an automatic process of liquidation would commence. Indian steel industry had passed through an agonising period in FY15 and FY16 when the government lent a helping hand to the ailing industry suffering maximum losses including fall in profitability and drop in market share from cheap and dumped imports from China, Korea, Japan and Russia by imposing MIP, Safeguard and AD duties.

    Fortunately, the global finished steel prices also improved on the back of a surge in coking coal and iron ore prices in the following years. The profitability indices improved for steel sector in FY17 and are continuing. It should provide some relief for the other beleaguered steel producers. Essar steel has ramped up its steel production from 3.8 million tonne to 5.6 million tonne in FY17, a 47% growth over last year against a capacity of 10 million tonne. It has been able to create a niche market for special grade Plates in the defence sector and increasing supplies of high grade CR for the auto sector.

    Its Pellet plant is enhancing the production and the supplies of natural gas to the plant are slowly getting restored. It had proposed fresh equity provision of around INR 2,500 crore along with conversion of a part of bank loans to equity to reduce promoters’ stake. A lot depends on convincing the lenders of a sound and robust revival plan. Like in other countries, the latest development may rekindle the consolidation and merger process in Indian steel sector, including the infusion of foreign capital.

    Earlier, we had witnessed the mega ticket investment plans of Arcelor Mittal and POSCO not materialized due to land acquisition and raw material sourcing issues. The market potential for Indian steel industry is indeed bright with gradual increase in global prices and therefore the loan restructuring process by the banks would unleash abundant opportunities for the investors, both in the country and abroad.

    Source : Financial Express
  11. forum rang 10 voda 5 juli 2017 17:05
    Steel could be the Trump administration biggest test

    Market Realist reported that the Trump Administration is investigating whether steel imports threaten US national security. The probe, carried out under Section 232, would give President Trump power to impose tariffs on steel imports. Notably, President Trump’s support of the US steel industry isn’t new. He’s following up on his pre-election pitch of saving the US steel industry.

    Companies like US Steel Corporation, AK Steel and Nucor see steel imports as their biggest woe. Over the years, US steel producers have filed many trade cases against steel imports. They have also been able to get duties imposed on some products where authorities saw an injury to the US steel industry.

    However, the impact of trade cases has been momentary at best. We have at least two examples in recent years where trade actions failed to fully protect US producers. In 2010, when Chinese OCTG (oil country tubular goods) products were slapped with trade duties, there was an almost instantaneous increase in OCTG imports from South Korea. US steel companies allege that Chinese steel was routed through South Korea after trade duties were imposed against China. When the US imposed duties on flat-rolled steel products from countries including China and South Korea in 2016, we saw an increase in imports from other countries like Vietnam and Australia.

    The US steel industry expects the Trump Administration to curb steel imports. However, steel could be the biggest test for President Trump yet. In this series, we’ll look at possible implications of the imports probe on the US steel industry. We’ll also see how it could lead to retaliation from some trading partners.

    Trump Administration has ordered a Section 232 investigation to probe whether steel imports threaten US national security.

    First, although cheap steel imports have hurt US steel producers, they meant lower steel prices in the US. According to the Scrap Register quoting AIIS (American Institute for International Steel) President Richard Chriss, “Free trade in steel means that Americans pay global market prices. While this competition may indeed reduce the profits of domestic manufacturers, other steel-related businesses and consumers benefit from not having to pay the artificially high prices that would result from measures that restrict trade.”

    So, if the Trump Administration imposes duties or quotas on steel imports, it could lead to higher steel prices in the US. In 1Q16, US steel producers raised their selling offers for flat-rolled steel products several times after duties were imposed on almost all of the major exporting countries. As the existing import supply lines dried out for steel buyers, they were left with few options but to buy steel from domestic mills at a higher price.

    In our view, the Trump Administration might need to consider how any trade action could impact steel buyers before imposing duties on steel imports. The cost to make US steel great shouldn’t be too heavy for ordinary Americans.

    Along with the impact on US buyers, any duties on steel imports could lead to a stand-off with trading partners.

    Protecting US manufacturing jobs was a key part of President Trump’s election campaign. So was renegotiating some of the trade deals including the North American Free Trade Agreement. President Trump also talked about a 45% tax on Chinese imports during the election campaign. Keeping up with his pre-election pitch, President Trump ordered a Section 232 probe into steel imports. In the previous part, we saw how the probe could impact US steel buyers. In this part, we’ll see how could it impact trade relations with other countries.

    The challenges facing steel are more of a global issue and not solely an American problem. Most leading steel consuming regions including Europe and India have some sorts of safeguards to protect their steel industry from imports—primarily from China. The US also imposed duties on a variety of Chinese steel products, which makes the US market practically closed in some products like flat rolled and OCTG (oil country tubular goods). If we look at a breakup of US steel imports, Canada was the biggest steel exporter followed by Brazil and South Korea. Germany is also among the top ten steel exporters to the US. China accounts for ~2% of US steel imports.

    Source : Market Realist
    Bijlage:
  12. forum rang 10 voda 5 juli 2017 17:07
    Steel minister responds on Bayyaram steel plant plea

    Telangana Today reported that the task force constituted by the Centre to study the feasibility of establishing a steel plant at Bayyaram in Telangana, would submit its report within the next fortnight. Based on the report, the Central government would conduct a meeting in Hyderabad and take a final decision. Union Minister for Steel Mr Birender Singh has assured in this regard to IT and Industries Minister Mr KT Rama Rao who called on him at New Delhi on Monday.

    Mr Birender Singh told media persons that “The previous government has raised objections for establishment of the steel plant earlier. But soon after I assumed the post of Union Steel Minister, a task force was constituted to study the feasibility of the project which will be submitted in a fortnight.”

    Mr Rama Rao pitched for establishment of the steel plant at Bayyaram as promised in the AP Reorganisation Act. He suggested to the Centre that if Bayyaram alone was not feasible due to iron ore deposits available at Bayyaram, it should consider clubbing it with Beladela of Chattisgarh for establishing the steel plant. He pointed out that the plant would not only provide scores of youth in Khammam area but also develop the backward areas in the district. He recalled that Birender Singh was very supportive to the TS government during his previous posting as Union Minister for Panchayat Raj and Rural Development.

    Source : Telangana Today
    Bijlage:
  13. forum rang 10 voda 5 juli 2017 17:09
    SAIL BSP records its best ever loading of rails in Q1 of 2016-17

    Economic Times reported that Bhilai Steel Plant of Steel Authority of India has recorded its best ever loading of 260 metre rails for despatch to Indian Railways in the first quarter of the current fiscal 2017-18 (April to June 2017). In Q1FY18. BSP loaded 65 rakes of 260 metre long rails from its Rail & Structural Mill and Universal Rail Mill for despatch to Indian Railways. This is the highest recorded in any first quarter period so far.

    Following the commissioning of its new Universal Rail Mill, the Plant has been rolling out the world's longest 130 metre rails in a single piece. Each of these rails is then welded into 260 long metre rails at the new Rail Welding Complex and loaded onto special rakes provided by Indian Railways for despatch.

    The Plant has so far been rolling out 65 metre long rails from its Rail & Structural Mill to weld it to 260 metre rail welded panels at the Mill's Long Rail Complex.

    In June 2017, the Plant loaded 27 rakes of 260 metre long rails from its Rail & Structural Mill (RSM) and Universal Rail Mill (URM) for despatch to Indian Railways which is the highest recorded in any single month since inception. This includes 14 rakes loaded from URM for despatch.

    The number of rakes of 260 metre long rails loaded for despatch has progressively increased each month in the current fiscal from 17 rakes in April to 21 rakes in May and 27 rakes in June 2017.

    In June 2017, the 260 metre long rails from Universal Rail Mill have been despatched a number of destinations which include. Dondaicha, Jhansi, Nokha, Unchhar, Cannaore, Anuppur. Bangarpet. Barodara. Deoraha. Muzaffar Nagar. Chandari, Kyatasandra Goods TE. Mukerian and Khurda Road Junction.

    Additionally, 260 metre long rails from the Rail & Structural Mill have been despatched in June 2017 to destinations like Ahmednagar. Bhagalpur, Khariray Road, Betul, Ratnagiri,Milayittan, Nagor. Naihati, Bargawan and Trivandrum.

    Source : Economic Times
  14. forum rang 10 voda 5 juli 2017 17:10
    Chinese ambassador to US criticizes as Trump, Xi honeymoon ends
    Published on Wed, 05 Jul 2017

    Financial Times reported that China lashed out at the US on Friday in protest at an apparent sea change in the Trump administration's policy towards Beijing as the White House prepared to slap punitive restrictions on Chinese steel imports, agreed an arms deal with Taiwan, and sanctioned a Chinese bank. Mr Cui Tiankai the Chinese ambassador to Washington, criticized the USD 1.4 billion Taiwanese weapons deal and what he called the "long-arm jurisdiction" of the US in sanctioning Chinese companies.

    Mr Cui said the US actions undermined the mutual confidence built up by both sides and that they were "counter to the spirit of the Mar-a-Lago summit."

    The deteriorating relations come less than 100 days since Trump hosted Xi at his Mar-a-Lago estate and said the leaders would have a "very great relationship." Since then, the White House has become frustrated China was not doing enough to pressure North Korea to abandon its ballistic missile and nuclear programs.

    Source : China Economic Review
    Bijlage:
  16. forum rang 10 voda 5 juli 2017 17:14
    TCUD update on Turkish steel sector performance in Jan-May

    Anadolu Agency reported that Turkish Steel Producers Association announced that Turkey's crude steel production rose 11.5% YoY on an annual basis in the first five months of 2017, reaching 15.1 million tonnes.

    Turkey's steel export volume also surged 22.5% YoY annually to reach 8.5 million tonnes in the first five months of 2017. The value of steel exports ballooned 33.7% YoY to USD 5.7 billion in the same period.

    In the same period, steel imports to Turkey fell 20.3% YoY to 6.4 million tonnes yearly, while the value of these imports dipped 0.2% YoY to USD 4.6 billion.

    Meanwhile, Turkey's steel consumption lost 10.3% YoY to 12.22 million tonnes in the same period, while output rose in January-May.

    Source : Anadolu Agency
  17. forum rang 10 voda 5 juli 2017 17:29
    Met dank aan poster Toekomstbeeld, deze schitterende top-50!

    Top steel-producing companies

    An extended listing of top steel-producing companies 2016 is available from the PDF below this table.

    Tonnage is expressed in million tonnes (Mt).

    RANK COMPANY TONNAGE 2016
    1 ArcelorMittal 95.45
    2 China Baowu Group ¹ 63.81
    3 HBIS Group ² 46.18
    4 NSSMC Group ³ 46.16
    5 POSCO 41.56
    6 Shagang Group 33.25
    7 Ansteel Group 33.19
    8 JFE Steel Corporation 30.29
    9 Shougang Group 26.80
    10 Tata Steel Group 24.49
    11 Shandong Steel Group 23.02
    12 Nucor Corporation 21.95
    13 Hyundai Steel Company 20.09
    14 Maanshan Steel 18.63
    15 thyssenkrupp 17.24
    16 NLMK 16.64
    17 Jianlong Group 16.45
    18 Gerdau 15.95
    19 China Steel Corporation 15.52
    20 Valin Group 15.48
    21 JSW Steel Limited 14.91
    22 Benxi Steel 14.40
    23 SAIL 14.38
    24 U.S. Steel Corporation 14.22
    25 IMIDRO 14.02
    26 Rizhao Steel 13.86
    27 Fangda Steel 13.68
    28 EVRAZ 13.53
    29 MMK 12.54
    30 Baotou Steel 12.30
    31 Severstal 11.63
    32 Liuzhou Steel 11.05
    33 Jinxi Steel 11.05
    34 Jingye Steel 11.01
    35 Anyang Steel 10.48
    36 Sanming Steel 10.39
    37 Metinvest Holding 10.34
    38 Taiyuan Steel 10.28
    39 Zongheng Steel 10.23
    40 Zenith Steel 9.24
    41 Erdemir Group 9.18
    42 Nanjing Steel 9.01
    43 Xinyu Steel 8.57
    44 CITIC Pacific Special Steel 8.40
    45 SSAB 7.99
    46 Techint Group 7.98
    47 voestalpine Group 7.47
    48 Essar Steel Group 7.45
    49 Shaanxi Steel 7.30
    50 Kobe Steel, Ltd. 7.26

    Voor veel meer staal nieuws, kijk eens op de site rond!

    www.worldsteel.org/steel-by-topic/sta...
  18. forum rang 10 voda 5 juli 2017 20:48
    Latin America: Imports of Chinese steel increase 19%, reaching 3.3 million tons during Jan-May 2017

    > In the first five months of the year, China exported to the world 33.1 million tons (Mt) of steel. Of that amount, 3.3 million tons (Mt) were shipped to Latin America.

    > Chinese steel received by Latin America increased 19% compared with Jan/May 2016 (2.7 Mt). The flow to the world contracted 27%.
    > The region´s share of Chinese steel exports reached 9.9% (vs. 6.0% in Jan/May 2016).

    Alacero - Santiago, Chile, July 04th, 2017.  In the period January-May 2017, the total exports of steel from China to the world -including finished (long steel, flat steel and seamless pipes) and steel-derivatives products (wire products and welded tubes)- decreased 27% versus Jan-May 2016, reaching 33.1 million tons (Mt). Of this volume, 30.5 Mt were finished steel and 2.6 Mt were steel-derivatives products. 

    Latin America accounted for 9.9% of total global exports, increasing its participation in 3.9 percentage points versus Jan-May 2016 (6.0%) and standing at third place as China’s preferred destination. The region is preceded by South Korea (5.7 Mt, 17% of the global total) and Vietnam (3.7 Mt, 11% of the total).

    From Jan-May 2017, China shipped 3.3 Mt of steel to Latin America, which 2.9 Mt were finished steel and 360 thousands (thous) tons were steel-derivatives products. This volume is 19% higher than the 2.7 Mt (2.4 Mt of finished products and 315 thous tons of steel-derivatives products) recorded in Jan-May 2016. See graph 01.

    During this months, Latin America recibed 360 thous tons of steel-derivatives products from China, being the main global destination for these steel, representing 13.7% of the total. The region is followed by the Philippines (178 thous tons, 7.0% of the total) and South Korea (156 thous tons, 6.0% of the total).

    In May 2017, Latin America recibed 679 thous tons of steel from China. Of this volume, 597 thous tons were finished steel and 81 thous tons were steel-derivatives products. This total is 3% higher than registered in the previous month where entered 661 thous tons (573 thous tons of finished products and 88 thous tons of derivatives  products) and 41% higher versus 482 thous tons from May 2016 (425 thous tons of finished products and 57 thous tons of derivatives products)

    Finished steel imports from China by destination

    The main destinations for Chinese steel (finished + steel-derivatives) in Latin American during Jan-May 2017 were: Central America which received 655 thous tons (20% of the region); Chile with 638 thous tons (20%); and Peru, 493 thous tons (15%). 

    In this five months of the year, the countries that increased their imports of Chinese steel (in percentage terms) versus Jan-May 2016 were Brazil (+71%), Ecuador (+70%), Dominican Republic (+64%), Argentina (+58%) and Costa Rica (+46%). 

    On the other hand, the countries that have reduce their imports of Chinese steel products versus Jan-May 2016 were: Cuba (-61%), Venezuela (-45%) and Paraguay (-15%).
      
    Imports from China by products

    Flat were the main products  imported by Latin America from China during Jan-May 2017, reaching 2.2 Mt (66% of total). The most relevant products in terms of volume were:

    > Other alloyed steel sheets and coils (660 thous tons, 30% share of flat steel imported from China)

    > Hot dip galvanized sheet (529 thous tons, 24%)
    > Cold rolled coil (356 thous tons, 16%)

    Long steel: China exported to Latin America 624 thous tons (19% of the total), mainly concentrated in:

    > Wire rod (307 thous tons, 49% share of long steels)
    > Bars (250 thous tons, 40% )

    The region received 112 thous tons of seamless pipes (4% of the total). 
    Meanwhile, steel-derivate products represent 11% of total imports of Chinese steel in the region, with a volume of 360 thous tons, where:
     
    > Welded tubes (299 thous tons)
    > Wire (61 thous tons)

    Glossary

    Finished steel: Refers to steel included in one of these 3 groups: Long products (e.g.: reinforcing bars, bars, wire rod, light sections, heavy sections, rails), flat steel (e.g.: sheets and coils, coated sheets, pre-painted, stainless steel, chrome-plate sheets, hot dip galvanized sheet etc.) and seamless tubes.

    Steel-derivatives products: Refers to the products that come from finished steel (welded tubes being the most significant item). 
    Central America: Considers Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica and Panama.

    Ton: A unit of weight or volume of sea cargo, equal to a metric ton (1,000 kg).

    About Alacero
    Alacero –the Latin American Steel Association– is the organization that brings together the Steel Value Chain of Latin America to promote the values of regional integration, technological innovation, corporate responsibility, excellence in human resources, safe working environments, and social and environmental sustainability. Founded in 1959, Alacero is formed by 49 companies in 12 countries of Latin America, whose production of about 70 million annual tons. Alacero is a Special Consulting Organization to the United Nations and is recognized as International Non-Government Organization by the Republic of Chile, host country of Alacero´s headquarters.

    Voor grafieken, zue link:

    www.alacero.org/en/page/prensa/notici...
  19. forum rang 10 voda 5 juli 2017 20:49
    SAIL ISP reports record day production of rebar on July 3

    Millennium Post reported that Bar Mill of IISCO Steel Plant of Steel Authority of India Limited at Burnpur recorded its highest ever production in a day on July 3 by producing 2495 tonnes of 20mm (TMT bars in FE 500D EQR grade. The Mill had previously touched its best ever mark of 2431 tonnes in January this year.
    Congratulating the employees for this achievement, SAIL ISP CEO Mr Rajesh Kumar Rathi said that in June the plant has also recorded the highest monthly dispatch of 280 Blooms and produced 5300 tonnes of 5.6 - 6 mm Wire Rod Coils in Special Steel grade from its new Wire Rod Mill. Saleable Steel production of the plant has touched its best ever mark of 139,279 Tons in June this year.

    Following it's commissioning on 25.2.2015, this state-of-the-art Bar Mill with a top notch speed of 40 meter per seconds and an annual production capacity of 0.90 million tonnes per annum has been rolling out TMT bars in the straight length of sizes 8mm to 40mm.

    Source : Millennium Post
  20. forum rang 10 voda 5 juli 2017 20:54
    India to complete final surveys before construction of ‘highest railway in the world begins - Mr Prabhu

    Global Rail News reported that India’s minister of railways Mr Suresh Prabhu has initiated the final surveys before construction of the Bilaspur–Mandi–Leh line can begin. Once it is operational, the 498km broad gauge line will be the highest track in the world according to the ministry of railways. Starting in Bilaspur, the line will pass through Mandi, Kullu, Manali and Keylong and terminate in Leh, a town in the Ladakh region of Jammu and Kasmir state.

    According to the ministry, Leh is situated in the Himalayan mountain range, is the second largest district in the country and attracts a high footfall of domestic and international visitors each year. The highest point on the Bilaspur–Mandi–Leh line is understood to be 5,300m above sea level and – because of the terrain – the ministry predicts the need to build a number of tunnels, viaducts and bridges.

    The area suffers from extreme winter and summer weather conditions and as a result an all-weather rail line is needed. The final location survey is being completed by engineering firm RITES in a contract that is worth INR 157 crore and is expected to be complete by 2019.

    Source : Global Rail News
    Bijlage:
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