Van beleggers
voor beleggers
desktop iconMarkt Monitor
  • Word abonnee
  • Inloggen

    Inloggen

    • Geen account? Registreren

    Wachtwoord vergeten?

Ontvang nu dagelijks onze kooptips!

word abonnee

Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,750 26 apr 2024 17:37
  • +0,210 (+0,89%) Dagrange 23,710 - 24,080
  • 2.295.626 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 649 650 651 652 653 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 17 juli 2017 19:45
    Mr Trudeau says Trump told him he does not think Canadian steel a tariff target

    Canadian Prime Minister Justin Trudeau on Friday said US President Donald Trump told him that he did not expect to subject Canadian steel and aluminium to face tariffs on national security grounds. Trudeau told reporters "I’ve heard from President Trump as well that he does not think that Canada should be subject to national security concerns around the trade in steel and aluminium.”

    He added "I am optimistic that this important trade, which leads to millions of good jobs on both sides of the border, will continue.”

    Trudeau said last month it was "just silly" to imagine Canadian exports were a threat to the United States, given how closely the two nations` militaries and security forces cooperated.

    Source : Reuters
  2. forum rang 10 voda 17 juli 2017 19:46
    Steel industry tries to soften rigid US stance

    Gulf News reported that Trump administration is expected any day now to make its long-awaited decision over whether to slap tariffs on steel imports. Doing so would be a provocative move that could simultaneously lift the spirits of President Donald Trump’s most ardent supporters while angering trade partners.

    The tariffs could very well provoke a global trade war that could make all sides poorer. It’s an unusual time for a protectionist retreat by the US as a number of major industrialised countries work on their own free trade pacts. Europe and Japan reached a landmark free trade agreement before the G-20 summit and Mexico and China have been mulling their own deal.

    Trump and his economic team delayed a decision on steel in recent weeks as the president weighs conflicting counsel from factions of his nationalist and globalist advisers. For weeks, trade lawyers, industry leaders and members of Congress have been anxiously awaiting the recommendation from the Department of Commerce. They view it as a moment that will illuminate whether Trump is ready to make good on his campaign promises to protect flagging American industries with tariffs.

    Among those most on edge are economists, many of whom have been uneasy about Trump’s unorthodox views on trade because they have seen the damage from such actions before. They hope the president is bluffing.

    Mr Stephen Moore, a Heritage Foundation economist who advised Trump’s presidential campaign and helped craft his economic plan said that “If he actually pulls the trigger, it could be highly disruptive to world trade. It’s not even going to really work in terms of helping American workers.”

    In April, Trump signed an executive order calling for a sweeping investigation by the Department of Commerce into whether steel imports were harming national security, employing a rarely used section of the Trade Expansion Act of 1962. The findings would give the president backing to impose import restrictions or tariffs on foreign-produced steel.

    The US imported 30.1 million metric tonnes of steel last year, making it the world’s largest steel importer, according to the International Trade Administration. Canada, Brazil and South Korea are the three biggest exporters to the US.

    To those Trump advisers who are fearful about the fallout of steep steel tariffs, history is the most compelling argument for holding their fire. In 2002, another Republican president took action to protect the steel industry in the face of excess production of steel around the world. It did not end well. President George W. Bush imposed tariffs of up to 30 per cent on most types of steel imported from Europe, Asia and South America for three years, ostensibly to give the domestic industry time to stabilize.

    The move was quickly challenged at the World Trade Organisation, which later declared that the tariffs were illegal. The European Union was given the authority to impose $2 billion in retaliatory sanctions against American products.

    Europe threatened to target exports from states such as Michigan and Florida crucial political battlegrounds and 21 months after levying the tariffs, Bush backed down and rescinded them. Those who worked in the steel industry were angered that a president who had promised to protect them had buckled under international pressure.

    Economists who were embroiled in that episode, and those who recall it ruefully, view it as a cautionary tale for Trump. Mr Phillip L Swagel, an economics professor at the University of Maryland who was a senior economist for international trade during Bush’s first term said that “There were many more workers who used steel to make things in the US than who actually made the steel. Many more communities have the potential to be affected by higher prices for steel.”

    However, the perceived political need to do something overrode economics. Studies conducted after the tariffs were lifted showed that while they were in place, they led to higher steel prices and job losses in other machinery and metal equipment industries. Domestic steelmakers also cut costs and consolidated.

    A report commissioned by the Consuming Industries Trade Action Coalition found that higher steel prices led to a loss of 200,000 jobs across the country in 2002 and $4 billion in lost wages. While the struggling steel industry is craving protection from global competition, other industries have warned of the potentially harmful ripple effects.

    In late May, the Truck and Engine Manufacturers Association warned in a letter to the Department of Commerce that steel tariffs would mean higher prices for their customers. “Protecting and providing for the defence of the US is always of the highest priority,” the group wrote. “So too, however, is ensuring the strength and competitiveness of our national economy.”

    Tariffs would also have a disruptive impact on global supply chains. It is possible that a blanket tariff could lead to a global glut of steel, as exporters around the world flood other markets to make up for the diminished market in the US.

    So far Trump has lived up to his reputation for being unpredictable when it comes to trade. He threatened to terminate the North American Free Trade Agreement, before reversing himself and agreeing to renegotiate its terms. He withdrew from the Trans-Pacific Partnership, but Wilbur Ross, his commerce secretary, has since praised the defunct pact as a strong starting point for future negotiations.

    Source : Gulf News
  3. forum rang 10 voda 17 juli 2017 20:07
    Vietnam keeps tax on iron ore exports

    Vietnam News reported that Vietnam’s Ministry of Finance has concluded that because the price of refined iron ore is 200 times more expensive than raw iron ore created for export, reducing the export tax on raw iron ore is unreasonable and will discourage investments in ore sorting technology.

    MoF said that the export tax on iron ore and refined iron ore is 40% equal to the ceiling rate set by the National Assembly. In order to encourage enterprises to invest in high-grade iron ore production, the MoF proposed a detailed plan for specific tariff for processed iron ore, with export tariffs lower than 40 per cent. The high export tax rates on raw or simple mineral resources are to limit the export of mineral resources.

    Due to the decreasing domestic demand for iron ore, domestic iron mines have a surplus inventory. Therefore, the Ministry of Industry and Trade (MoIT) proposed the Prime Minister to allow the export of iron ore inventory, limonite iron and magnetite iron ore to remove difficulties for enterprises. The MoIT also proposed the reduction of export taxes on high quality iron ore, if this product is allowed to be exported.

    Source : Vietnam News
  4. forum rang 10 voda 17 juli 2017 20:08
    South Africa government suspends contentious mining charter

    Financial Times reported that South Africa’s government has suspended a contentious new charter for the country’s beleaguered mining industry, less than a month after it was introduced. Mr Mosebenzi Zwane mining minister, agreed to stop implementation of the charter while South Africa’s chamber of mines, an industry body, seeks an “urgent interdict” on its provisions in the courts, the chamber said on Friday.

    The mining charter would have required miners operating in South Africa, including Anglo American and Glencore, to permanently increase stakes held by black shareholders to 30% or more within a year in order to redress post-apartheid inequality in the industry.

    An earlier charter set this level at 26%, but the latest version would have required miners to raise stakes up to the new limit even after previous black investors have sold out.

    Companies fear that maintaining the stakes at 30% would force them to dilute existing shareholders many times given a small base of black capital able to buy shareholdings.

    The chamber is also seeking to throw out the charter altogether. The mining ministry had not commented on Friday afternoon.

    The two sides are due to meet in court over the interdict in September at the earliest, increasing the prospect that the rules will remain in legal limbo for several years, including beyond important national elections for the ruling African National Congress in 2019.

    Source : Financial Times
  5. forum rang 10 voda 17 juli 2017 20:25
    Geinig! Die zullen vast niet op zoek gaan naar ijzererts! :-)

    Luxembourg becomes first European country to pass space mining law

    Mining.com reported that government of Luxembourg is moving forward with an ambitious plan to profit from asteroid mining by passing Thursday a law that defines the conditions companies must fulfill to obtain a licence for launching a space mining mission. The bill, approved by a vast majority (55 votes against only two), makes the tiny nation the first European country to offer a legal framework ensuring private capitals their rights over resources they mine in space, the government said.

    The legislation, over 18 months in the works, is part of Luxembourg’s SpaceResources.lu initiative, which goal is to boost exploration and the commercial utilization of resources from near earth objects, such as asteroids.

    Before trying to become Europe’s hub for space mining, Luxembourg already had a long-standing space industry, which has played a significant role in the development of satellite communications.

    The legislation, over 18 months in the works, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

    Luxembourg, one of the euro zone's wealthiest countries, had been studying a possible involvement in the emerging space mining industry since 2013. But only in February last year it officially announced an initiative to promote the mining of asteroids for minerals.

    A few months later, the government reached an agreement with a US-based company, Deep Space Industries, which will be conducting missions to prospect for water and minerals in outer space. Both parties are currently developing Prospector-X, a small and experimental spacecraft that test technologies for prospecting and mining near Earth asteroids after 2020.

    Weeks later, in June last year, the nation announced the opening of a EUR 200 million (USD 228 million at today’s rates) line of credit for entrepreneurial space companies to set up their European headquarters within its borders.

    And in November, it bought a major stake in US-based asteroid miner Planetary Resources in a deal worth USD 28 million (EUR 25 million at the time). The goal of the investment is to help the Redmond, Washington-based firm launch its first commercial asteroid prospecting mission by 2020.

    Luxembourg’s approval of space mining legislation follows a similar move by former US President Barack Obama, who in 2015 signed a law granting American citizens rights to own resources mined in space.

    But the only international legal body available dates back to 1967. The Outer Space Treaty, signed by the US, Russia and a number of other countries, says that nations can’t occupy nor own territory in space.

    Source : Mining.com
  6. forum rang 10 voda 17 juli 2017 20:27
    Brazil S11D in H1 exports 6 million tonne of iron ore

    Bnamericis reported that Brazilian mining giant Vale exported 6.05 million tonne of iron ore from its flagship USD 14.3 billion S11D Carajás mine (pictured) in Para state in the first half. The figure compares with 4.64 million tonne of iron ore shipped from the mine in January-May.

    According to data from Brazil's trade department Secex, export revenue from shipments in the period was USD 317 million, up from USD 264 million in the first four months of the year.

    Vale officially cut the ribbon on the project, in Canaã dos Carajás municipality, in December. The first commercial shipment of 26,500t was made on January 17.

    Of the total invested in S11D, USD 6.4 billion was spent on the mine and plant and USD 7.9 billion on a 101km railroad, an expansion of the Carajás railroad and the Ponta da Madeira port terminal in São Luís, Maranhão state.

    The project was originally due to be completed in December 2014.

    Source : Bnamericas
  7. forum rang 10 voda 17 juli 2017 20:29
    Mining scam - SIT inspects dump site at Pale

    Times Of India reported that a Special Investigation Team of the Goa Police, on Friday visited the dump site at Vaghus, Pale, in Bicholim taluka, which the directorate of mines and geology had not yet verified.

    As per report SIT officials, accompanied by officers of the directorate of mines and geology visited the site following a disclosure by trader Philip Jacob who was arrested recently. Jacob is accused of purchasing more than 10 lakhs metric tons of iron ore worth over INR 300 crore.

    The department is yet to verify a large iron ore dump that still remains at the site, said a SIT official. They said that so far their investigation has revealed the names of the mine owners involved who had received over INR 100 crore from Jacob via bank transfers and cash payments.

    These mine owners dumped iron ore from different leases at the site, and in connivance with some officialas of the diretorate of mines, illegally exported it without paying royalty. Jacob and other traders were involved in the illegal trade, said a SIT officer.

    Source : Times Of India
  8. forum rang 10 voda 17 juli 2017 20:31
    China defends imports of North Korean iron ore

    AP reported that China's foreign ministry has defended its purchase of North Korean iron ore and says it is enforcing sanctions imposed in hopes of stopping the North's nuclear weapons development. A ministry spokesman, Geng Shuang, said Thursday the imports are allowed under U.N. sanctions and generate no profit for North Korea's weapons program.

    Geng said China will "strictly and earnestly implement the North Korea-related Security Council resolution in its entirety."

    Iron ore is one of China's biggest imports from North Korea after Beijing stopped buying coal this year under the sanctions.

    Source : The Associated Press
  9. forum rang 10 voda 17 juli 2017 20:32
    NMDC June iron ore production update

    NMDC announced that the company's total production of Iron Ore upto the month of June 2017 stood at 8.52 million tonnes. Sector wise, Chhattisgarh contributed 5.51 million tonnes and Karnataka contributed 3.01 million tonnes to the total production during the same period.

    Whereas the company's total sales stood at 9.21 million tonnes up to the month of June 2017, Chhattisgarh contributing 5.81 million tonnes and Karnataka contributed 3.40 million tonnes to the total sales during the same period.

    NMDC segments include Iron Ore, and other minerals & services. It is also engaged in the production and sale of diamond, sponge iron and wind power.

    Source : Strategic Research Institute
  10. forum rang 10 voda 17 juli 2017 20:34
    Iron ore production increased by 10.4% in H1 in Kazakhstan

    KazTAG reported that iron ore production amounted to 19.071 million tonnes in January-June 2017, 10.4% up year on year, reports the statistics committee of the Ministry of National Economy.

    According to the statistics data, copper ore production amounted to 48.528 million tonnes (+36.3%), gold containing ore- 8.733 million tonnes (-1.8%), chrome concentrate- 2.208 million tonnes (+11.1%).

    Source : KazTAG
  11. forum rang 10 voda 17 juli 2017 22:22
    Nog liefhebber voor een stukje informatie?

    New material resembling a metal nanosponge could reduce computer energy consumption

    In order to store information in the conventional magnetic memories of electronic devices, the materials' small magnetic domains work by pointing up or down according to the magnetic fields. To generate these fields it is necessary to produce electric currents, but these currents heat up materials and a large amount of energy is spent cooling them. Practically 40% of the electrical energy going into computers (or "Big Data" servers) dissipates as heat.

    In 2007, French scientists observed that when the magnetic materials are put into ultra-thin layers and voltage is applied, the amount of current and energy needed to point the magnetic domains was reduced by 4%. However, this slight reduction was not significant enough to be applied to devices.

    A research team directed by Jordi Sort, ICREA researcher and lecturer of the Department of Physics at the Universitat Autònoma de Barcelona, with the collaboration of the Catalan Institute for Nanoscience and Nanotechnology (ICN2), has searched for a solution based on the magnetic properties of a new nanoporous material which could increase this surface. The new material, which is featured this week in the Advanced Functional Materials journal, consists in nanoporous copper and nickel alloy films, organised in a way that the interior forms surfaces and holes similar to that of the inside of a sponge, but with a separation between pores of only 5 or 10 nanometres. In other words, the walls of the pores contain enough room for only a few dozen atoms.

    Mr Jordi Sort explained that "There are many researchers applying nanoporous materials to improve physical-chemical processes, such as in the development of new sensors, but we studied what these materials could provide to electromagnetism. The nanopores found on the inside of nanoporous materials offer a great amount of surface. With this vast surface concentrated in a very small space we can apply the voltage of a battery and enormously reduce the energy needed to orientate the magnetic domains and record data. This represents a new paradigm in the energy saving of computers and in computing and handling magnetic data in general.”

    UAB researchers have built the first prototypes of nanoporous magnetic memories based on copper and nickel alloys and have reached very satisfactory results, with a reduction of 35% in magnetic coercivity, a magnitude related to the energy consumption needed to reorientate the magnetic domains and record data.

    In these first prototypes, researchers applied the voltage using liquid electrolytes, but are now working on solid materials which could help implement the devices in the market. According to Jordi Sort, "Implementing this material into the memories of computers and mobile devices can offer many advantages, mainly in direct energy saving for computers and considerable increase in the autonomy of mobile devices".

    The development of new nanoelectronic devices with improved energy efficiency is one of the strategic lines included in the European Union's Horizon 2020 programme. According to some estimations, if electric current is completely substituted by voltage in data processing systems, energy costs can be reduced by a factor of 1/500. In fact, computer servers of large companies such as Google and Facebook are located underwater, or in Nordic countries in which temperatures are very low, with the aim of reducing heating and energy consumption.

    Source : Eurek Alert.org
  12. forum rang 10 voda 18 juli 2017 19:28
    Re-rating on the cards for Indian steel industry on earnings visibility

    Economic Times reported that in Indian steel stocks have recovered sharply since the government first introduced restrictions on imports at the end of FY16, but a major re rating could be still on the cards for the industry. The government has extended the minimum import price and anti-dumping duties on major steel products till 2021, thus providing a floor price and making steel more of domestic commodity like cement.

    Industry experts believe that India's steel demand is on the cusp of a high growth period with expected pick-up in government spending, mandate for locally-produced steel in projects executed by state-owned firms, and the thrust on affordable housing.

    India's steel capacity at the end of FY17 was 125 million tonne. Given that most steel makers are grappling with high debt, it is unlikely that any new capacities would be added any time soon.

    Only JSW Steel and Tata Steel have strong balance sheets to fund capex, but any capex now, will take at least three years to commission. Jindal Steel has recently commissioned its new plant and will see its production grow from the current fiscal.

    Given these, analysts expect capacity utilization of steel companies to gradually increase to over 90 per cent by FY21 from 78 per cent in FY17.

    With fixed costs remaining same, the margins of steel producers will rise sharply, thus helping faster deleveraging and higher than anticipated earnings growth.

    Source : Economic Times
  13. forum rang 10 voda 18 juli 2017 19:29
    Gujarat High Court denies any relief to Essar Steel in insolvency case

    Business Line reported that the Gujarat High Court on Monday granted no relief to Essar Steel against the insolvency proceedings initiated against it by its lenders under the National Company Law Tribunal. Pronouncing the verdict on Monday, Justice S G Shah declined any relief to Essar Steel. A detailed order is awaited.

    With the latest order, the interim stay granted on the proceedings against Essar Steel under the NCLT stands vacated and insolvency proceedings under the NCLT can, hence, be resumed by the lenders led by State Bank of India.

    The case was seen as a landmark case under the newly introduced Insolvency and Bankruptcy Code (IBC), while the judgment is seen as a big boost for the banks, which are standing on the huge pile of corporate non-performing assets (NPAs), which according to the Reserve Bank of India (RBI) stood at Rs 7,50,000 crore as on March 31, 2017.

    Source : Business Line
  14. forum rang 10 voda 18 juli 2017 19:30
    Chinese steel sector profit set to soar

    China Daily reported that China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure. Mr Wang Guoqing research director at the Lange Steel Information Research Center in Beijing said that "With the reduction of excess capacity, there is a tight supply of iron and steel, leading to high prices, especially wires and rebars.”

    Mr Wang said that the government's thrust on supply-side reforms has produced positives.

    Mr Wang said that "Although data show that the total steel output has increased in the January-June period, the demand has shifted from informal products such as inferior steel to qualified steel made by major steel companies. That means, the supply is not adequate to meet the current demand.”

    At the same time, iron ore prices are comparatively low thanks to rising output, oversupply, and high port inventories, Mr Wang said that "Low material prices help keep steel production costs at relatively low levels."

    Around 20 listed firms in the iron and steel sector have forecast their earnings for the January to June period.

    HBIS Co Ltd said its first-half profit will likely be between CNY 1.15 billion (USD 148 million) and CNY 1.27 billion, up 181-210 percent year-on-year.

    Similarly, Fujian Sansteel Minguang Co Ltd said it expects its first-half profit to rise 200 percent year-on-year to CNY 1.08 billion.

    Source : China Daily
  15. forum rang 10 voda 18 juli 2017 19:31
    Mr Sanjeev Gupta reaffirms Whyalla expansion

    AAP reported that Arrium's new owner, Mr Sanjeev Gupta, has reaffirmed earlier promises to expand the Whyalla steelworks after he takes charge of the operations later this year. Mr Gupta says he expects to spend considerable time in the South Australian regional centre to realise his vision of turning the plant into a world-class steel producer.

    He, after touring the plant and meeting workers on Monday, said “Even our immediate, short-to-medium term plans see us investing well over AUD 1 billion here. There are longer-term plans which could be far more grand in terms of steel capacity. This place has the infrastructure to be a substantial steel plant of several million tonnes."

    Mr Gupta's company, GFG Alliance, has signed a binding agreement to buy Arrium, with the deal on track to be completed by the end of August. It has brought an end to 15-months of uncertainty for the 1500 workers in Whyalla and for the wider community after the company was placed in administration because of its inability to refinance rising debts.

    On Wednesday, Mr Gupta will visit another Arrium facility when he meets workers and management at the Onesteel plant at Laverton in Victoria.

    Source : AAP
  16. forum rang 10 voda 18 juli 2017 19:31
    India to overtake Japan in steel production in 2 years

    Financial Express reported that India would overtake the world’s second largest steel producer Japan in the next couple of years and the country has targeted to produce 300 million ton of steel by 2025-30. Dr T Venugopalan, Technical Advisor to Tata Steel Managing Director said that India is currently producing 90 to 95 million tonne of steel per annum against the world no.2 steel producer Japan, which produces around 103 million tonne. He said that “India is all set to overtake Japan in next couple of years… The country has (also) targeted to produce 300 million tons of steel by 2025-3.”

    Dr Venugopalan was addressing participants at the Grand Finale of ‘Mind Over Matter’, an annual innovation challenge programme of the private steel major. Stating that the steel sector has started improving, he said the sector contribute to one to 1.5% in the country’s GDP.

    Dr Venugopalan, however, said good quality coal was drying out in the country and some process was needed to improve low quality coal. On iron-ore deposits in the country, he said it would last for 30 to 35 years, if it is used in the country. Earlier, Tata Steel announced the season-4 winners of ‘Mind over Matter’. The six-month long program culminated in the grand finale held today, where five teams presented their innovative ideas before the jury.

    Source : Financial Express
  17. forum rang 10 voda 18 juli 2017 19:32
    Trump team is ready for a trade war over steel

    Washington Post reported that Trump administration expects other countries to retaliate against its planned restrictions on steel imports, but Commerce Secretary Wilbur Ross told lawmakers the move could be a necessary step to draw countries like China into new negotiations.

    Mr Ross acknowledged the risk of retaliation from other countries but said that legal challenges could take several years to foment at the World Trade Organization. He also acknowledged the risk of prices rising for downstream industries that use steel to make their products, like automakers. But he said that if prices went up on autos, he didn’t expect them to rise by a meaningful amount, the Senate aide said.

    Source : Washington Post
  18. forum rang 10 voda 18 juli 2017 19:34
    Iran flat Steel Import market update

    Financial Tribune reported that buying activity in the Iranian flat steel import market was limited last week as prices continued to increase, supported by the upward trend in the global market. A market source, Metal Bulletin reported that “I think prices cannot increase any more. There is no more real demand. It seems that only traders are booking.”

    > Hot-Rolled Coil
    A cargo of around 10,000 tonnes of Russia-origin hot-rolled coil was recently booked by a trader at EUR 415 (USD 474) per tonne FOB Astrakhan.

    The estimated cost of freight to the northern Iranian port of Anzali now varies within the range of USD 15 to USD 16 per tonne, depending on the tonnage.

    Another cargo of 2-mm HRC for September shipment was booked by a trader from Kazakhstan at USD 460 per tonne FOB Aktau last week.

    This would be equivalent to USD 468-469 per tonne CFR Anzali, considering the cost of freight from Kazakhstan of USD 8 to USD 9 per tonne.

    Recent HRC offers from Russian mills were heard at EUR 415 (USD 474) per tonne FOB Astrakhan.

    One source had received even higher offers, around EUR 435 (USD 498) per tonne FOB Astrakhan. However, this information could not be widely confirmed at the time of publication.

    Metal Bulletin’s price assessment for imported 2-mm HRC in Iran was USD 468-490 per tonne CFR Iranian ports on July 12, against USD 485-487 per tonne the week before.

    > Cold-Rolled Coil
    Metal Bulletin’s price assessment for imported 2-mm cold-rolled coil in Iran went up by USD 3 per tonne over the week to USD 552 to USD 553 per tonne CFR Iranian ports, due to fluctuations in the euro-dollar exchange rate.

    Recent offers of Russia-origin CRC were heard in Iran at EUR 470 (USD 537) per tonne FOB Astrakhan. This would be equivalent to USD 552 to USD 553 per tonne CFR Anzali.

    No bookings were heard done at this price over the past week, however.

    A rumor was circulating in the market about new offers of Russian material coming at around EUR 490 (USD 560) per tonne FOB Astrakhan. This would be equivalent to USD 565 to USD 566 per tonne CFR Anzali.

    This information could not be widely confirmed by market sources by the time of publication, however, and the price was not included in the assessment range.

    Source : Financial Tribune
  19. forum rang 10 voda 18 juli 2017 19:36
    This Week's Raw Steel Production

    Sign up for the weekly Raw Steel Update newsletter.

    In the week ending on July 15, 2017, domestic raw steel production was 1,763,000 net tons while the capability utilization rate was 75.6 percent.

    Production was 1,667,000 net tons in the week ending July 15, 2016 while the capability utilization then was 71.3 percent. The current week production represents a 5.8 percent increase from the same period in the previous year.

    Production for the week ending July 15, 2017 is up 1.7 percent from the previous week ending July 8, 2017 when production was 1,733,000 net tons and the rate of capability utilization was 74.3 percent.

    Adjusted year-to-date production through July 15, 2017 was 48,566,000 net tons, at a capability utilization rate of 74.4 percent. That is up 2.3 percent from the 47,459,000 net tons during the same period last year, when the capability utilization rate was 72.4 percent.

    Broken down by districts, here's production for the week ending July 15, 2017 in thousands of net tons: North East: 212; Great Lakes: 669; Midwest: 168; Southern: 639 and Western: 75 for a total of 1763.

    The Raw Steel production tonnage provided in this report is estimated.  The figures are compiled from weekly production tonnage provided from 50% of the domestic producers combined with monthly production data for the remainder.  Therefore, this report should be used primarily to assess production trends.

      The AISI production report "AIS 7", published monthly and available by subscription, provides a more detailed summary of steel production based on data supplied by companies representing 75% of U.S. production capacity. 

    Note: Capability for the Second Quarter 2017 is approximately 30.3 million tons compared to 30.4 million tons for the same period last year and 30.0 million tons for the First Quarter of 2017.

    www.steel.org/about-aisi/statistics.aspx
  20. forum rang 10 voda 18 juli 2017 19:48
    Rio Tinto releases second quarter production results

    Pilbara iron ore shipments were 77.7 million tonnes in the second quarter (100 per cent basis). Shipments were impacted by accelerated rail track maintenance.

    Iron ore shipments guidance for 2017 is around 330 million tonnes (previously 330 to 340 million tonnes). This takes into consideration first half production and further rail maintenance in the second half to improve track conditions.

    Record quarterly bauxite production of 12.9 million tonnes was seven per cent higher than the corresponding quarter of 2016, driven by strong production at Weipa and Gove. Third party shipments of 8.0 million tonnes were achieved in the second quarter.

    Mined copper production recovered compared to the previous quarter, however was six per cent lower than the second quarter of 2016 as Escondida continued to ramp up following a labour strike.

    Titanium dioxide slag production increased by 34 per cent compared to the second quarter of 2016, reflecting higher market demand.

    On 26 June 2017, Rio Tinto confirmed Yancoal Australia as its preferred buyer of Coal & Allied, after an improved offer from Yancoal of $2.69 billion. Rio Tinto shareholders have since approved the sale. The sale is expected to complete in the third quarter of 2017.

    Rio Tinto chief executive J-S Jacques said “This was a solid quarter for production, including record output at our bauxite operations. Iron ore production was in line with last year, although iron ore shipments were impacted by an acceleration in our rail maintenance programme following poor weather in the first quarter. We believe our focus on capital discipline, maximising cash flow from operations, driving productivity and portfolio shaping will continue to support the delivery of strong cash generation and shareholder returns.”

    Voor data, zie PDF

    Source : Strategic Research Institute
35.173 Posts
Pagina: «« 1 ... 649 650 651 652 653 ... 1759 »» | Laatste |Omhoog ↑

Meedoen aan de discussie?

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

Direct naar Forum

Premium

Herstel in zicht voor ArcelorMittal

Het laatste advies leest u als abonnee van IEX Premium

Inloggen Word Abonnee

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

Gesponsorde links