Van beleggers
voor beleggers
Uitgebreid zoeken

Beurscodes, betekenis en hulp bij zoeken

Europa

AEX
Euronext Amsterdam
BRU
Euronext Brussels
PSE
Euronext Paris
LIS
Euronext Lissabon
CHX
CBOE Europe, grote(re) EU aandelen
NAV
Investment Funds (NAV)

Noord-Amerika

NYS
New York Stock Exchange
OTC
CBOE BZX Exchange (US)
TSE
Toronto Stock Exchange

Kunt u een instrument niet vinden?

Zoek dan via de zogenaamde ISIN code. Elk instrument, aandeel etc. heeft een unieke code.

Kies vervolgens - wanneer er meerdere resultaten zijn - de notering op de beurs van uw keuze.

Waar vind ik die ISIN code?

Google de naam van het instrument, aandeel etc. met de toevoeging 'ISIN'.

Als zoeken op ISIN code geen resultaten oplevert hebben wij het instrument of aandeel niet in onze koersendatabase.

desktop iconMarkt Monitor
  • Word abonnee
  • Inloggen

    Inloggen

    • Geen account? Registreren

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

Ontvang nu dagelijks onze kooptips!

word abonnee

Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 24,020 2 mei 2024 12:48
  • +0,430 (+1,82%) Dagrange 23,430 - 24,110
  • 809.060 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 981 982 983 984 985 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 6 mei 2019 14:58
    Latin American steel industry remains stable driven by exports - Alacero

    Latin American steel association Alacero reported that the expectation of concretion of the Brexit, the entrance of Brazil in the OECD and Colombia in just a step of following the same way, are factors that are transforming the global commerce and the geopolitical dynamics. In the midst of the threat represented by the commercial dispute between the United States and China and the crisis in Venezuela, the main economies of Latin America are going through unique moments in their histories. Argentina due to an economic crisis, price freezes and rate increases, Brazil with the expectation of the financial market before pension reform, and Mexico towards a scenario of deceleration and readjustment in its projections that shows greater uncertainty. The projection for industrial production for the year decreased in most of Latin America and the Caribbean countries in April, and the expectation regarding consumer prices in the region also declined in most of the countries, except in Brazil and Argentina. Although the region's steel market during January to February 2019 showed a 3% drop in the consumption of finished steel compared to January to February 2018, the regional production of crude and finished steel in March fell by 11% and 8%, respectively compared to March 2018, showing precisely global and regional economic uncertainties. Although the region decreased its imports by 6% between January and February 2019, it was identified a 2% increase compared to January-February 2018. The share of imports in regional consumption also increased: regional consumption is now supplied in 36% by such imports, as opposed to 34% in January to February 2018. The deficit recorded in January to February 2019 was 2.1 million tonne, which represents 61 thousand tonnes more than January to February of the previous year (2.0 million tonne). Despite negative oscillations in the same period of 2018, which came by the variation in consumption and market uncertainties, the overall production of crude and finished steel grew 3% and 12%, respectively, in March compared to February.

    Crude Steel - Latin America had a production of 5.2 million tonne of crude steel in February, 11% lower than that registered in the same period of 2018 (5.8 million tonne). Considering the accumulated in 2019, it was produced 10.3 million tonne, 2% less than ENE-MAR 2018 (16.3 million tonne). In the year, Brazil is the main producer with 8.3 million tonne, representing 54% of the regional total.

    Finished steel - It was produced 4.5 million tonne of finished steel in March, 8% less than the same period of 2018. In the accumulated of the year it was registered 12.7 million tonne, representing a fall of 7% compared to the first 3 months of 2018 (13, 6 million tonne). The main producers in the year are Brazil 5.6 million tonne (44% of the Latin American total) and Mexico with 4.5 million tonne (36% of the Latin American total).

    Imports - In February, 1.8 million tonne of finished steel were imported, 8% more than in February 2018 (1.7 million tonne). In the cumulative of January to February 2019, Latin America imported 3.8 million tonne of finished steel, 2% more than the imported in the same period of 2018 (3.7 million tonne). Of this total, 70% correspond to flat products (2.6 million tonne), 27% to long products (1.0 million tonne) and 3% to seamless tubes (123 thousand tonne). Currently, finished steel imports represent 36% of the region's consumption, which brings with it disincentives for the local industry, commercial frictions and puts employment sources at risk.

    Exports - In February, 761 thousand tonnes of finished steel were exported, 10% less than in February 2018 (843 thousand tonnes). In the cumulative January to February, Latin American finished steel exports were 1.68 million tonne, 1% more than in January to February 2018 (1.67 million tonne) and 10% less compared to February 2018 (843 thousand tonnes). Of this total, 45% correspond to flat products (756 thousand tonne), 44.7% to long products (750 thousand tonne) and 10.3% to seamless tubes (173 thousand tonne).

    Trade Deficit - In February 2019, the region registered a trade deficit by the volume of 1.06 million tonne of finished steel. This imbalance is 25% higher than in February 2018 (0.85 million tonne), and 3% higher than in January 2019 (1.03 million tonne). Brazil is the only country that maintains a surplus in its finished steel trade in January-February (594 thousand tonne). Conversely, the largest deficit was recorded in Mexico (-1.1 million tonne). It was followed by Colombia (-362 thousand tonne), Peru (-316 thousand tonne) and Chile (-273 thousand tonne).

    Source : Strategic Research Institute
  2. forum rang 10 voda 6 mei 2019 14:59
    Kenya to promote local steel production – Ms Betty Maina

    Xinhua reported that Kenya plans to promote local steel production in order to save foreign exchange used for imports. Ms Betty Maina, principal secretary of Ministry of Industry, Trade and Cooperatives told a steel forum in Nairobi that Kenya spent about 97 billion shillings (USD 970 million) on importation of steel in 2018. She said that "We are currently doing a feasibility study to determine the viability of developing a local Integrated Steel Mill through a public private partnership in order to reduce reliance on imports of iron.”

    Ms Maina said that the iron and steel industry in Kenya forms about 13% of the manufacturing sector, which in turn contributes significantly to the gross domestic product. She said that steel is the backbone of economic activity of any country and the per capita steel consumption is an internationally recognized indicator of the level of development of any country.

    The Kenyan official said the local steel industry is heavily dependent on imported raw materials, as no local sources have been developed to date.

    According to Ms Maina, the local deposits of iron ore and coal, which are the raw materials for the production of iron have been identified in several locations in the country but have not attracted commercial interest.

    Government data indicates that currently the annual consumption of steel is above 1.6 million tonnes.

    Source : Xinhua
  3. forum rang 10 voda 6 mei 2019 15:00
    Ja-Ela steel factory raid unearths ammunition scrap in Sri Lanka

    News First LK reported that while inspecting a steel smelting factory in Ekala, Ja Ela, two employees of the factory, were arrested in connection with the discovery of a stock of ammunition that included 409 live ammunition bullets and 584 empty gun shells. Following the discovery of the stock of ammunition, the general manager of the factory Mohomed Haseemdeen noted that after the conclusion of the war, they received a stock of old metal, cleared by security forces in Jaffna. He added that the stock of metal included bullets, shells, similar to what was discovered. The stock came in containers under the seal of the defence ministry. He went onto note that the suppliers brought them and all the bullet casings that came in the containers were smelted.

    He stated that there was a minor explosion once, however, no one sustained serious injuries and following this incident, they refrained from smelting bullet casings. Subsequently, he said they ordered the workers to remove all shells and bullets shells and locked it in a storeroom. It has been in that state for the past seven years.

    He said that there was a presidential commission of inquiry, somewhere in 2014 0r 2015, in connection with this and he had given a statement as to how they received the items.

    When journalists questioned if he was in possession of the relevant document for these items, he noted that they purchased these items in the form of old steel and that there are no documents when purchasing old steel or metal.

    Police media spokesperson SP Ruwan Gunasekara noted that the Sri Lanka army and air force have provided their support to conduct further investigations into this matter. He added that two managers employed at the factory, one named Mohamed Junaid Haseemdeen and the other named Mohamed Fawaz have been arrested.

    SLFP General Secretary Dayasiri Jayasekera noted today that the police will reveal through investigations if these are ammunition circulated through Avant-Garde or other means.

    Source : News First LK
  4. forum rang 10 voda 6 mei 2019 15:00
    Patiala House Court grants 2 day custody of ex Bhushan Steel CFO

    Money Control reported that Mr Nittin Johari, the former CFO and whole time director of Bhushan Steel, has been remanded to two days custody of Serious Fraud Investigation Office by the Metropolitan Magistrate at Patiala House Court, New Delhi on May 3. He was arrested by the investigating agency on May 2 in connection with alleged fraudulent practices carried out at Bhushan Steel. Mr Johari was managing the process of funds being raised by Bhushan Steel from banks and financial institutions. He was one of the signatories to the financial statements of the company until FY2016-17 and was a member of the Committee of Board of Directors on Borrowing, Investment and Loans along with Brij Bhushan Singal and Neeraj Singal.

    Now, investigations revealed that there were several fraudulent practices carried out at Bhushan Steel, including manipulation of accounts and financial statements during his term. He has been accused of inflating inventories to avail excess working capital. He is accused of being the prime perpetrator who manipulated letters of credit by filing false documents to avail funds from various banks. A large number of LCs were used to get approximately INR 20,000 crore using false documents on behalf of Bhushan Steel between FY2014-15.

    Source : Money Control
  5. forum rang 10 voda 6 mei 2019 15:01
    Ajaokuta steel cannot function even if completed - Prof. Benjamin

    Daily Trust quoted Prof. Benjamin Adewuyi the former President, Nigerian Metallurgical Society who made this assertion to the News Agency of Nigeria in Abuja, said until government found solution to how raw materials required for the production of steel would be sourced the company would not work. According to him, National Iron Ore Mining Company, which is one of the sources of local raw materials for steel production has remained dormant. He said that another critical facility that should be completed for the production of steel was the handling facility.

    He said that “The handling facility that is an internal infrastructure very critical to the production of steel is yet to be completed. Even the raw materials that can be used for steel production, if eventually Ajaokuta steel is completed are also yet to be developed. So, why rehabilitating or completing the steel company when the primary needs which are to make the Ajaokuta steel company functional are not being considered.”

    Mr Adewuyi said that the ministry had in recent times called for invitation for tender to rehabilitate the company without first considering the development of raw materials. He said that “I sense foul play, the ministry wants to rehabilitate Ajaokuta steel and privatise it, that is why it did not consider reviving NIOMCO, which will serve as primary source for raw materials for steel production. NAN reports that the ministry had recently called for invitation to tender for rehabilitation works at Ajaokuta Steel Complex in pursuant to the present administration’s commitment toward resuscitation of the company. The ministry called for invitation for tender from qualified and competent firms to carry out rehabilitations on the company which were classified into five slots.”

    Source : Daily Trust
  6. forum rang 10 voda 6 mei 2019 15:03
    Swedish Steel Prize 2019 is now open for entry

    Applications are now being accepted for the Swedish Steel Prize 2019, the steel industry’s most prestigious award, which celebrates its 20th anniversary this year. The Swedish Steel Prize is an award for ideas and products that have an impact on future steel solutions, and it attracts competitors from across the world. It will be awarded on November 14th, 2019 in Stockholm, Sweden as part of the Swedish Steel Prize 2019 event. Applications are now being accepted. This year marks the 20th anniversary of the Swedish Steel Prize. Over the past two decades, the award has inspired creative engineers, designers and inventors to utilize the endless potential of steel to change our world for the better. The Swedish Steel Prize is open to any individual, company or institution and is awarded to the method or product that best displays how the properties of the chosen grade of steel has contributed to a significant innovation.

    All entries are assessed by an independent jury. Together they review each entry based on its level of innovation, creativity, sustainability, performance and competitiveness. Out of the box thinking as well as entries addressing the environment, digital solutions and new trends in the economy are especially encouraged.

    Ms Eva Petursson, Chair of the Swedish Steel Prize jury and head of SSAB’s research and innovation said that “The Swedish Steel Prize is a celebration of innovation and good engineering. We are looking for solutions that really push the limits of steel – alone or in a combination with another material – and with a sustainable or digital twist that can help make the world a better place.”

    The winner of the Swedish Steel Prize receives a diploma, a statuette by the sculptor Jörg Jeschke and intense media exposure. In conjunction with the Swedish Steel Prize event, SSAB will also make a SEK 100,000 donation to charity.

    The prize ceremony takes place at the end of a fascinating and renowned event where participants from across the world meet to learn about new steel technologies, be inspired, network with peers and celebrate innovation.

    Source : Strategic Research Institute
  7. forum rang 10 voda 6 mei 2019 15:04
    Mr Trump takes credit for USD 1 billion US Steel investment

    President Trump took credit for an announcement by US Steel Corp that it would invest more than USD 1 billion in a facility in Braddock, Pa., near Pittsburgh. The president said the investment was a result of his tariff on steel imports. He tweeted "Congrats to @U_S_Steel for investing USD 1+ BILLION in America's most INNOVATIVE steel mill. 232 Tariffs make Pennsylvania and USA more prosperous/secure by bringing Steel and Aluminum industries BACK. Tariffs are working. Pittsburgh is again The Steel City. USA Economy is BOOMING!"

    The president instituted a 25% tariff on steel imports last year, citing section 232 of the Trade Expansion Act, which allows the president to levy tariffs unilaterally on the grounds of national security. Trump argued that the tariffs were needed to protect the domestic steel industry so it could supply military needs.

    Source : Strategic Research Institute
  8. forum rang 10 voda 6 mei 2019 15:04
    2 workers burnt in explosion at Narayanganj steel mill in Bangladesh

    The Daily Star reported that 2 workers suffered burn injures after they came in contact with molten metal during an explosion at a steel mill in Rupganj upazila of Narayanganj in Bangladesh. The police official said the melted iron spilled on the workers of Hazi Islam Steel Mill located at Karnaghup during the blast 11:30. The injured workers were taken to the bAMgladeshurn unit of Dhaka Medical College Hospital

    However, the reason behind the blast is still unclear.

    Source : The Daily Star
  9. forum rang 10 voda 6 mei 2019 15:05
    JSW Steel update on resolution plan of Vardhman Industries Ltd

    The company has announced in relation to the Resolution Plan submitted by JSW Steel Limited for Vardhman Industries Limited as approved by the Hon'ble NCLT, by its orders dated December 19, 2018 and April 16, 2019 under S. 31 of the Insolvency and Bankruptcy Code, 2016. As intimated earlier, the Company had appealed against the NCLT Orders. The Hon'ble National Company Law Appellate Tribunal has, by its order dated April 30, 2019, received by the Company yesterday, suggested that the Resolution Plan as approved by the Committee of Creditors may be implemented subject to final orders to be passed by the Hon'ble NCLAT in the Appeal.

    However, since the implementation of the Resolution Plan would in effect be on an interim basis and could create wide ranging uncertainties around rights and liabilities of various stakeholders dealing with VIL, the Company is evaluating its options which include approaching the Hon'ble Supreme Court to seek a direction to defer the implementation till the resolution plan, as approved by CoC, is unconditionally approved.

    Source : Strategic Research Institute
  10. forum rang 10 voda 6 mei 2019 15:09
    Maithan Alloys sees demand of ferroalloys surging in India

    Maithan Alloys Ltd has reported financial results for the period ended March 31st 2019.The company has reported net sales of INR 556.51 crores during the period ended March 31st 2019 as compared to INR 482.98 crores during the period ended December 31st 2018. The company has posted net profit of INR 70.09 crores for the period ended March 31st 2019 as against INR 53.94 crores for the period ended December 31st 2018. The company has reported net sales of INR 2014.11 crores during the 12 months period ended March 31st 2019 as compared to INR 1905.88 crores during the 12 months period ended March 31st 2018. The company has posted net profit of INR 255.21 crores for the 12 months period ended March 31st 2019 as against INR 291.80 crores for the 12 months period ended March 31st 2018.

    Mr Subodh Agarwalla, Whole-time Director and CEO said that "We are happy to share that our Company has delivered superior performance in the last year despite increased price volatility in the global as well as domestic market. The steel industry's capacity utilisation level is expected to remain at a healthy rate of 82-83% between FY19 and FY21, supported by a favourable domestic demand. It is expected that domestic steelmakers will increase the capacities further by ~16 million tonne over FY19-FY21. Additionally, with investments being ramped up and stressed assets resolved, this would lead to an industry capex estimate of INR ~75,000 crores between FY19 and FY21. With all the capex announced and with increased capacities, the steel industry is set to grow which will boost the demand for ferroalloys at a much faster pace going ahead.”

    Source : Strategic Research Institute
  11. forum rang 10 voda 6 mei 2019 15:10
    SGX mulls triple listing of steel derivatives

    Reuters reported that Singapore Exchange Ltd is considering a triple listing of steel derivatives, aiming to offer investors easier access to the highly fragmented ferrous market via a single platform. A senior executive said that the listings would create a virtual steel mill designed to help investors gain exposure to market activity in China, the world's top steel producer and consumer. Mr William Chin, senior vice president and head of commodities derivatives at SGX, in an interview with Reuters said that "Potentially one long product, one flat product and one scrap product. It may be a triple listing.”

    Mr Chin said that "The market is highly fragmented, but steel is a big, big product. We want to be able to leverage off our current participation in the feedstock to start trading steel derivatives.”

    Mr Chin said the proposed listings are expected to attract investors from beyond the steel sector who are looking to gain exposure to broader construction, manufacturing and environmental clean-up trends within China.

    Under SGX, which already offers iron ore, coal and freight products, the new listings would allow for the first time access to key steel industry inputs and outputs over a single platform. SGX will gauge industry interest in the proposed offerings at the Singapore Iron Ore Week conference next week, with a launch possibly sometime during the next 12 months

    Shanghai Futures Exchange trades steel rebar futures used in construction, as well as hot-rolled coil and steel wire rod. Dalian Commodity Exchange offers iron ore futures, as well as coking coal and coke, used in blast furnaces. And London Metal Exchange and CME Group offer other futures products tied to the ferrous markets.

    Source : Reuters
  12. forum rang 10 voda 6 mei 2019 15:11
    TyssenKrupp sees room for EU agreement on Tata Steel deal

    Reuters reported that ThyssenKrupp, despite a Financial Times report that Brussels was likely to block the deal, said that it still sees a scope for agreement with European antitrust regulators on a planned joint venture with Tata Steel. A ThyssenKrupp spokesman said “The Competition Commission has taken the reworked commitments proposed by ThyssenKrupp and Tata Steel as an opportunity to conduct another market test. There are still a number of ways to adjust our commitments without compromising the commercial logic of the joint venture.”

    Earlier on Sunday, the Financial Times reported that EU antitrust regulators were concerned the deal would lead to less choice and higher prices for steel and were increasingly likely to block it unless the companies offered greater concessions.

    Tata Steel and ThyssenKrupp have proposed combining their steel operations in Europe to form the region’s second-biggest steelmaker. However, the landmark deal has not yet been approved because of concerns about its impact on competition.

    Late last month, the European Commission extended the deadline for reviewing the planned joint venture by seven working days until June 17.

    Source : Reuters
  13. forum rang 10 voda 6 mei 2019 15:11
    One worker dies & 4 injured at Godawari Power and Ispat steel plant in Raipur


    PTI reported that a worker was killed and four other labourers suffered burn injuries at a steel plant after the molten metal fell on them. The incident happened on Sunday evening at the Steel Melting Shop of the Godawari Power and Ispat Limited. PTI reported, the crucible container in which the molten metal was being transported in the melting shop accidentally tilted. The container fell on the victims who were working in the area below.

    The local police have a registered a case in this connection

    Also, the investigation in the case is underway to ascertain the exact cause of the incident.

    Source : timesnownews
  14. forum rang 10 voda 6 mei 2019 15:12
    Egypt steel billet tariffs threaten rolling mills – Report

    Al Monitor reported that some of Egypt's steel industry rerollers have halted production and sales in the face of protectionist duties the country recently began levying on some imports. One industrial organization says the tariffs could lead to the loss of thousands of jobs. The tariffs aim to protect domestic iron billet makers from foreign competitors. Large steel processors make their own billets and therefore don't rely on imports, but local steel rerollers and small factories are caught in the middle. As of April 23, at least eight rerollers had stopped production after the Egyptian Ministry of Finance on April 15 started collecting duties of as much as 15% on iron billets and 25% on steel rebar. The tariffs are to be imposed for 180 days but could be renewed.

    Egypt produces an estimated 7-7.5 million tonnes of steel per year. In a January 13 interview, Reuters quoted the Al-Marakby Steel Co. CEO Hassan Al-Marakby as saying that Egypt's steel industry makes up about 3.2%, or EGP 84 billion (USD 4.9 billion as of April 29), of the country's gross domestic product.

    The Ministry of Finance said in an April 15 statement that “The proceeds of these duties will revert to the account of the Export Development Fund with the Central Bank, which helps to consolidate the activity of the Egyptian export sector and thus provides more jobs for young people." The tariffs are intended to increase the growth rate of domestic production and sales.

    Billet manufacturers recently demanded the anti-dumping duties in reaction to a global oversupply resulting from US duties on steel imports in March 2018. They also lobbied for fees on rebar imports. In December 2017, Egypt had imposed five-year anti-dumping duties on rebar imports from China (at 29%), Turkey (7% to 22.8%) and Ukraine (17.2% to 27.0%). Iron billet manufacturers sought duties on imported iron ore as well.

    Now, Mr Mohamed Hanafi, director general of the Chamber of Metallurgical Industries, which is part of the Federation of Egyptian Industries said that "China, Turkey and Ukraine will be subject to the duty imposed in late 2017 in addition to the 25% fee imposed April 15 on imports of rebar. When it comes to billets, these three countries will only be subject to the 15% imposed April 15.”

    Source : Al Monitor
  15. forum rang 10 voda 7 mei 2019 12:53
    'Lager resultaat voor ArcelorMittal'

    Gepubliceerd op 7 mei 2019 om 11:21 | Views: 1.989

    ArcelorMittal 12:35
    18,02 -0,35 (-1,88%)

    AMSTERDAM (AFN) - Staalconcern ArcelorMittal heeft in het eerste kwartaal waarschijnlijk een lager resultaat behaald dan een jaar eerder en in het voorgaande kwartaal. Dat komt naar voren uit een consensus van analistenschattingen die het AEX-bedrijf op de eigen website heeft geplaatst. Donderdag worden de cijfers bekendgemaakt.

    Het bedrijfsresultaat (ebitda), de belangrijkste winstgraadmeter voor ArcelorMittal, komt in het eerste kwartaal volgens de consensus uit op bijna 1,7 miljard dollar. In het eerste kwartaal van 2018 was dit nog ruim 2,5 miljard dollar en in het vierde kwartaal meer dan 1,9 miljard dollar.

    ArcelorMittal kwam alleen met een prognose voor het resultaat. Een door Bloomberg opgestelde consensus meldt ook een cijfer over onder meer de omzet. Die wordt voor het eerste kwartaal gemiddeld geraamd op 18,4 miljard dollar, tegen 19,2 miljard dollar een jaar eerder en 18,3 miljard dollar in de voorgaande periode.

    Staalproductie

    Maandag werd nog bekend dat ArcelorMittal het mes zet in zijn staalproductie in Europa dit jaar. Het bedrijf kampt met een tanende vraag naar staal in combinatie met een stijging van de invoer omdat de Europese Unie volgens het bedrijf te weinig maatregelen neemt op het gebied van handelsbescherming. ArcelorMittal spreekt van spijtige, maar noodzakelijke beslissingen. De maatregelen zullen resulteren in een tijdelijke productieverlaging van 3 miljoen ton op jaarbasis.

    Verder kreeg ArcelorMittal in april groen licht van de Europese Commissie voor de verkoop van onderdelen aan branchegenoot Liberty House Group. Die afstoting was voor het bedrijf de laatste horde voor de inlijving van de Italiaanse staalfabrikant Ilva. ArcelorMittal is ook nog bezig met de overname van de Indiase branchegenoot Essar Steel.
  16. forum rang 10 voda 7 mei 2019 14:48
    Precision Camshafts shuts China operations

    Precision Camshafts informed BSE last week that it has shut operations in China market. It said “Reason behind the shut down is unsustainability for the company due to low business and phase of the camshaft that it produced for its customers.”

    PCL (Shanghai) Co Ltd, a wholly owned subsidiary was incorporated in February 2011 with the purpose of expanding the business to the growing OEM base in China. For the first few years, PCL (Shanghai) was able to onboard new clients and Ford Motor Company was one of its major customers. The company was supplying camshaft castings, to Ford in China. Over the last few years, the particular camshafts got phased out in China which impacted the operations of PCL (Shanghai) along with its profitability.

    The Board of Directors have also approved to initiate liquidation of the same.

    Source : Strategic Research Institute
  17. forum rang 10 voda 7 mei 2019 14:49
    China targets steel industry as latest front in its war on pollution

    South China Morning Post reported that China has shifted its focus in the battle for clean air to the steel industry after cutting emissions from coal power plants, the former top polluter. On Sunday, the Ministry of Ecology and Environment and four other ministries released a joint directive intended to ensure steel mills in the country’s most polluted regions meet ultra low emission standards by 2025. The announcement cited a leading environmental scientist’s estimate that the measure could reduce particulate emissions in areas around Beijing and the Yangtze River Delta by around 20% and lower the concentration of PM 2.5, the deadliest small particles, by as much as 9%.

    According to the latest plan, steel plants much comply with ultra-low emission standards, which means that sinter plants will have to reduce emissions of particulate matter, sulphur dioxide and nitrogen oxide to 10, 35, and 50 milligrams per cubic metre respectively, as opposed to the current standards of 50, 200 and 300 mg/m3.

    The goal is for 60% of steel mills in key regions to have completed the transformation by 2020 and 80% of steel plants in the country to complete it by 2025. Plants that complete the upgrades will receive more support on taxes, finance, and environmental protection policies.

    Mr Ma Jun, director of a Beijing-based NGO, the Institute of Public and Environmental Affairs, said “The enforcement of the new standards will have a positive effect. In the long run, it’s beneficial for the industry.”

    China is the world’s top steel producer. Last year its crude steel production reached 928.3 million tonnes. Production is highly concentrated in the northern Beijing-Tianjin-Hebei area, causing severe pollution in this region.

    Source : South China Morning Post
  18. forum rang 10 voda 7 mei 2019 14:50
    ArcelorMittal to reduce European primary steelmaking production by 3 million tonnes

    ArcelorMittal announced its intention to temporarily idle production at its steelmaking facilities in Krakow, Poland and reduce production in Asturias, Spain. In addition, the planned increase of shipments at ArcelorMittal Italia to a six million tonne annual run-rate will be slowed down following a decision to optimise cost and quality over volume in this environment. In Krakow, the primary production (blast furnace and steel plant) will be temporarily idled. The Polish steel market has been particularly hard hit, due to a near fourfold year-on-year increase in Russian steel imports in 2018, and among the highest electricity prices in Europe.In Asturias, primary production will be reduced. Electricity costs are also very high in Spain, and the southern European market has been hit by an unprecedented rise in imports from outside the EU. Together, these actions will result in a temporary annualised production reduction of around three million tonnes.

    Geert van Poelvoorde, CEO, ArcelorMittal Europe – Flat Products, said “The difficult decision to temporarily reduce our European primary flat steel production has not been taken lightly. We understand the impact this has on employees and the local communities and will be working to ensure social measures are in place to support them during this period.”

    He said “These actions reflect the weak demand environment in Europe today, a situation further compounded by increased imports despite the safeguard measures introduced by the European Commission. High energy costs and increasing carbon costs are adding to the tough environment.”

    Despite the introduction of the permanent EU safeguard tariffs in February 2019 there has been a continued and consistent rise in flat steel imports into Europe. Flat steel imports into Europe are currently at record highs, with imports of hot rolled coil up 37 per cent this year from 2017, on an annualised basis. In addition, the price of carbon has risen by approximately 230 per cent since the start of 2018, placing further competitive pressure on European steelmakers. In the EU Emissions Trading System (ETS), only steel produced in Europe is subject to a carbon levy. ArcelorMittal has previously called for the introduction of a green border adjustment whereby steel imported into Europe has the same standards applied on CO2 as European produced steel under the ETS.

    Source : Strategic Research Institute
  19. forum rang 10 voda 7 mei 2019 14:51
    We are cautious on revival of steel demand this fiscal: JSW Joint MD

    In an interview with BusinessLine, Mr Seshagiri Rao, Joint Managing Director JSW Steel, said that “The last fiscal was challenging for steel companies, particularly during the second half. The global slowdown and intensive protectionism led to trade tension and liquidity concern. These three factors had its impact on the global economy. In India, there was a liquidity crisis, non-performing assets issue and banking problems that started hitting domestic economy from last October. Overall, we had seen some slowdown in demand. Despite this, we were close to achieving our production target. We recorded a production of 16.5 million tonnes against target of 16.69 million tonnes. On sales we were lower.”

    While answering to “How do you see the demand of steel this fiscal?” he said “We are cautious on the revival of steel demand this fiscal due to liquidity issues that continue to persist. Lending has slowed down due to the crisis in non-banking financial companies and banking sectors. Credit growth is seen at 14 per cent but for the industry liquidity is still an issue. The only consolation, now, is the increasing expenditure by the government in infrastructure projects such as roads, bridges, tunnels, ports, water and gas pipeline. Going by the manifesto of political parties, we expect this momentum of government spending to be continued by the new government which comes to power after election. Steel demand should continue growing at 7-7.5% this fiscal.

    Source : Business Line
  20. forum rang 10 voda 7 mei 2019 14:52
    Iranian steel exports to be continued in current year - ISPA

    MNA reported that Chairman of Iranian Steel Producers Association Mr Bahram Sobhani said that the country has not any problem in the field of exporting of steel. He said “Available facilities in the country such as iron ore, energy and cheap labor force have made steel production advantageous. Should necessary cooperation and coordination is made in this field, the country will have not any problem for exporting steel and steel products to other countries. Domestic steel production firms can compete with Chinese companies in steel market using available resources in the country optimally.”

    He pointed to the sanctions imposed on the country and said sanctions cannot have more impact on export of mineral and industrial products of the country.

    Despite sanctions, the country managed to export steel and mineral products in the past years. A total of 7.88 million tonnes (Down 7.2% YoY) of finished and semi-finished steel products were exported from Iran, while imports stood at 1.05 million tonnes during the last fiscal year (ended March 20, 2019). Exports of finished steel products surged 84% YOY to reach 2.98 million tonnes in the last fiscal year (ended March 20, 2019). Rebar was the main exported finished product with 1.65 million tons, registering a 177% jump YOY. Following rebar were hot-rolled coil with 662,000 tonnes, down 5% YOY; beams with 243,000 tonnes, up 45% YOY; other steel products with 212,000 tonnes, up 165% YOY; coated coil with 172,000 tonnes, up 182% YOY and cold-rolled coil with 43,000 tonnes, up 115% YOY.

    Source : Strategic Research Institute
35.173 Posts
Pagina: «« 1 ... 981 982 983 984 985 ... 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

ArcelorMittal Nieuws

  1. 11:38 Beursblik: resultaten ArcelorMittal beter dan verwacht 1
  2. 08:25 AEX gaat hogere opening tegemoet, terwijl blue chips over elkaar heen buitelen met cijfers 3
  3. 07:25 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

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

Gesponsorde links

Meld u aan voor de dagelijkse Beursupdate

Dagelijks een update van het laatste beursnieuws en beleggingskansen in uw mailbox!