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

  • 23,540 25 apr 2024 17:35
  • -0,100 (-0,42%) Dagrange 23,170 - 23,690
  • 2.802.569 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 2)

1.000 Posts
Pagina: «« 1 2 3 4 5 6 ... 50 »» | Laatste | Omlaag ↓
  1. Vino72 7 juni 2011 22:37
    CAPE TOWN, June 7 (Reuters) - ArcelorMittal, the world's top steel maker, has started production at its $1.5 billion iron ore mine in Liberia, after work was stalled there last year, a senior official said on Tuesday. The firm is developing its Mount Nimba project in Liberia, as well as the $2.2 billion Faleme mine in Senegal, where exploration is still ongoing as it moves into production. "It's actually in production already, they started blasting within the last two months and first shipment is due this month, the first train," Ian Cope, global exploration manager for iron and coal at ArcelorMittal, said about the Mount Nimba project in Liberia. Cope was speaking to reporters on the sidelines of an African iron ore conference. "I think it is projected to be no more than a couple of million tonnes a year for the first one to two years and thereafter ramping up," he said. Cope said output was from Mount Tokadeh, one of several deposits in the Nimba county the miner was exploring. He said the company was no longer in talks with BHP Billiton to possibly combine their assets in Liberia and neighbouring Guinea. "It's my understanding that those talks are no longer active," he said. Cope said that while ArcelorMittal had no presence in the Democratic Republic of Congo, where the high-grade Kilo-Mojo iron ore resource was found, it did seem as if political risk in country was not a factor deterring investors anymore. "Its self-evident that risk is no longer at the top of the agenda," he said. African projects are only expected to contribute less than five percent of a projected 47 percent growth in global iron ore demand by 2020, he said. (Reporting by Wendell Roelf; editing by David Dolan) (For more Africa cover visit: af.reuters.com -- To comment on this story email: SouthAfrica.Newsroom@reuters.com) Keywords: AFRICA IRONORE/ARCMITTAL (Johannesburg newsroom; +27 11 775 3155) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved.

  2. forum rang 10 voda 8 juni 2011 16:32
    Chinese iron imports up in first 4 months - CISA

    According to the China Iron and Steel Association, China spent CNY 85.7 billion more on imports of iron ore during the first 4 months of 2011 than it did during the same period last year. The figure is 2.6 times more than the profits of the country’s steel makers.

    The average per tonne import price was USD 157.6 in the first 4 months marking an increase of 57% from the same period one year ago. Based on an import volume of 230 million tonnes, China’s steel makers spent USD 13.2 billion to buy them.

    (Sourced from www.capitalvue.com)
  3. forum rang 10 voda 8 juni 2011 16:45
    ArcelorMittal to shut No 1 restart Brazil Tubarao BF No 2 in October

    Dow Jones Newswires reported that ArcelorMittal plans in October to restart a blast furnace at its Tubarao steel mill in southeast Brazil that has been out of production since the global economic crisis.

    Mr Benjamin Baptista Filho CEO of ArcelorMittal Brasil said in an interview late Friday. That “The 1.2 million tonnes a year No 2 blast furnace will be restarted not in response to growing demand from Brazilian or global steel markets but because Tubarao's major No 1 blast furnace, with 3 million tonnes a year capacity, will be taken out of production in April 2012 for 90 days for a revamp.”

    He said that this is the first time the furnace will be halted since it started up 29 years ago.

    Mr Baptista said the No 1 blast furnace reline will cost USD 180 million and it isn't yet clear at what level of capacity the Tubarao works will be producing after the reline.

    ArcelorMittal's Tubarao works, with crude steel production capacity of 7.5 million tonnes a year, is Brazil's largest single steel mill. Output was slashed at the works in Espirito Santo state in early 2009 as demand for steel slumped in Brazil and on international markets.

    (Sourced from Dow Jones Newswires)
  4. forum rang 10 voda 10 juni 2011 16:44
    Baosteel cuts July steel product prices

    Reuters reported that leading Chinese steelmaker Baoshan Iron and Steel will cut prices for July delivery of its major products by CNY 100 per tonne to CNY 200 per tonne.

    It said in an announcement on its website (www.bsteel.com.cn) that prices of hot rolled products would be cut by CNY 200 compared with June, while cold rolled steel prices would fall by CNY 100.

    The company's pricing moves usually set the tone for the industry as a whole, and other mills are likely to follow suit as domestic steel demand begins a seasonal decline in the second quarter.

    (Sourced from Reuters)
  5. forum rang 10 voda 10 juni 2011 16:50
    Vandaar dat TK zo stijgt!

    German crude steel output rises in May

    According to the information provided by the German steel federation Wirtschaftsvereinigung Stahl said that in May this year Germany's crude steel output amounted to 4.1 million tonnes, increasing by 1.1%YoY after the year on year drop registered in April.

    Compared to the previous month, the country's crude steel output in May rose 7.9% the steel market continues to be buoyant but a deceleration is expected for the coming months.

    Meanwhile, in the January-May period of this year Germany's crude steel production reached 19.3 million tonnes, rising by 2.3% as compared to the corresponding period of last year.

    On the other hand, in April this year Germany's total hot rolled steel product output amounted to 3.35 million tonnes, up by 5.3% including 2.27 million tonnes of flat steel products up by 12.2% and 1.08 million tonnes of long steel products down by 6.9% all compared to April 2010.

    (Sourced from SteelOrbis.com)
  6. forum rang 10 voda 10 juni 2011 16:53
    Dit zullen ze ook niet voor niets doen!

    Essar Group to ramp up capacity at US pellet plant to 7 million tonnes

    The Essar group has decided to increase the capacity of its proposed iron ore pellet plant due to come up in the US by 2012 from 4 million tonnes to 7 million tonnes.

    While the group invested in the USD 1.65 billion project coming up under Essar Minnesota to ensure captive supply of raw material to Algoma, Essar's steel plant in Canada, the hike in capacity will give Essar the option to sell pellets in the open market. With a rated capacity of 4 million tonne, Essar Algoma would require some 6 million tonne of pellets annually, leaving a potentially lucrative surplus of 1 million tonne for merchant sales.

    A senior Essar official told ET that "The new pellet plant will secure Algoma's raw material needs. Expanded capacity will leave a surplus which can be sold in the market. The pellet plant is expected to be ready towards the end of 2012 and would ideally provide Algoma volume security.”

    At full capacity, Essar Steel Algoma would require some 6 million tonne of pellet for its blast furnace. While Algoma's existing agreement with Cliffs is valid till 2016, the Minnesota unit will act as a second line of defense. The public had time till June 8, to provide feedback to the Minnesota Department of Natural Resources on the draft supplemental environmental impact statement. Essar, whose site has more than one billion tonnes of iron ore reserves, also wants to decrease mining operations from 20 years to 15 years.

    Essar Steel Algoma, based in Sault Ste Marie, has more than six years remaining on a long term supply agreement with Cliffs Natural Resources till 2017 for delivery of a minimum 2.5 million tonnes of pellets annually. It recently entered into a 10 year agreement with its sister mill, Essar Minnesota, for a minimum 4 million tonnes of pellets annually, once its current contract expires with Cliffs.

    (Sourced from ET)
  7. forum rang 10 voda 10 juni 2011 17:56

    AK Steel Announces Second Quarter 2011 Earnings Date

    WEST CHESTER, Ohio, June 10, 2011 /PRNewswire/ -- AK Steel (NYSE: AKS) said today it plans to release its second quarter 2011 financial results before the opening of trading on the New York Stock Exchange on Tuesday, July 26, 2011.

    AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 11:00 a.m. Eastern Time on July 26, 2011. Access to the webcast will be available from the home page of the company's website at www.aksteel.com. The webcast will be archived on the company's website following the call until August 2, 2011 and will be accessible from the home page.

    About AK Steel

    AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. The company employs about 6,200 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate headquarters in West Chester, Ohio. Additional information about AK Steel is available on the company's website at www.aksteel.com.

    AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300 men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and stainless electric resistance welded (ERW) tubular steel products for truck, automotive and other markets. Additional information about AK Tube LLC is available on its website at www.aktube.com.

    SOURCE AK Steel

  8. forum rang 10 voda 15 juni 2011 17:25
    India may become net exporter of flat steel in just a year - Report

    DNA, citing some analysts, reported that India is expected to become a net exporter of steel very soon.

    Experts said that while there is a marginal declining trend in consumption, most of the big steel companies are increasing their flat product capacity, which are expected to come on stream starting this December.

    Mr Rahul Singhvi analyst with brokerage Bric Securities said that “By the next fiscal, the top three companies Essar Steel, JSW Steel and TATA Steel will together enhance their production by up to 10 million tonne per annum.”

    Mr Singhvi said that “Incremental consumption has been declining in India on a month on month basis. To be sure, some of this is seasonal and a revival is expected, but incremental capacity that will come will outstrip the growth in consumption.”

    He said that “The trade is already skewed towards exports. For April, while the volume of steel imported stood at 0.33 million tonne, exports were a healthy 0.32 million tonne.”

    Mr Singhvi said that “A similar trend was witnessed in March where imports preceded exports by a bare 0.01 million tonne. In the same period, domestic consumption dropped from 6.16 million tonne in March to 5.03 million tonne in April, or almost 18%. But compared with April 2010, consumption is up 2% and production 5%.”

    Mr Mukesh Gupta chairman of Lloyds Steel said that going forward consumption of flat products will increase globally, especially in the Middle East and Africa, which is currently serviced by Chinese steel makers.

    Mr Gupta predicted that “Owing to increased capacity, cost competitiveness and efficient transportation, India will be a net exporter of flat products from 2013 and will continue to remain so for a couple of years.”

    He said “The total flat products consumed domestically is about 25 to 27 million tonne per annum. Going by a healthy 10% domestic demand growth, India will require 30 million tonne per annum of flat steel by the next fiscal, while there will be an incremental capacity addition of close to 15 million tonne per annum or a little less in the same period.”

    (Sourced from DNA)

  9. forum rang 10 voda 15 juni 2011 17:26
    US steel import in May down by 6pct

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of May totaled 2,579,000 net tons. This was a 6% decrease from the 2,746,000 permit tons recorded in April and a 2% increase from the April preliminary imports total of 2,535,000 net tons. Import permit tonnage for finished steel in May was 1,768,000 net tons, down 8% from the preliminary imports total of 1,915,000 net tons in April.

    Year to date 2011 total and finished steel import permit tons would annualize at 27,697,000 net tons and 20,855,000 net tons, up 16% and 11%, respectively, vs. the 23,929,000 net tons and 18,857,000 net tons imported in 2010. The estimated finished steel import market share in May was to 21%, the same as the 2011 YTD market share.

    In May, the largest finished steel import permit applications for offshore countries were
    Korea 222,000 net tons down 28% from April
    Japan 145,000 net tons up 36%
    China 114,000 net tons up 19%
    Turkey 80,000 net tons down 32%
    Germany 77,000 net tons up 6%

    Finished steel import permits for major products that registered large increases in May vs the April preliminary include wire rods (up 26%) and oil country goods (up 14%).

    In commenting on the May 2011 SIMA data, Mr Thomas J Gibson AISI president and CEO stated that “In spite of an 8% decline in finished steel imports in May, import market share at 21% remains stubbornly high in the context of current economic conditions. These conditions include a slower pace of economic recovery and a domestic steel capacity utilization rate that is under 75%. We must therefore maintain enhanced vigilance with respect to dumped and subsidized imports and the need for strong and effective enforcement of our trade laws and customs procedures.”
  10. forum rang 10 voda 16 juni 2011 16:29
    China-led boom for miners
    TONY GRANT-TAYLOR

    16 June 2011
    Copyright 2011 News Ltd. All Rights Reserved

    THE world's big miners will need to sink $US1 trillion into mine and infrastructure development in the next five years to keep up with Chinese-led world demand for iron ore, coal and base metals.
    That's the view of Brazilian iron ore giant Vale, which with Rio Tinto and BHP Billiton dominates world supply of the commodities that will be needed to fuel the continuing urbanisation of China, India and other developing countries in the next decade.
    Of the $US1 trillion total, about $US200 billion would be needed to boost the output of iron ore to meet demand from the world's steelmakers as the pace of urbanisation grows in emerging countries, says Vale's marketing, sales and strategies director Jose Carlos Martins.
    Better-than-expected Chinese industrial production figures lifted spirits on world equity markets this week.
    Yesterday, Rio Tinto gave a tacit nod of approval to Vale's view, saying it would sink an early $US676 million ($632 million) into accelerating expansion of its Pilbara iron-ore operation.
    The accelerated investment, for early works and long lead-time contracts, is a smallish part of Rio's Pilbara expansion plans.
    But it will kick-start a $10 billion to $11 billion expansion in the Pilbara, designed to take Rio's iron-ore output from 225 million tonnes to 333 million tonnes.
    Rio Tinto chief executive for iron ore and Australia Sam Walsh said the spending meant the company would bring extra iron ore to market earlier than planned.
    ``The demand outlook continues to be strong with supply lagging elsewhere in the industry, and we are seeing new supplies proving slower to materialise than predicted,'' Mr Walsh said.
    ``We are taking the opportunity to bring forward the next phase of our major capacity expansion to reap the benefits early and at no additional cost.''
    Both Vale's and Rio's announcements are a solid reaffirmation of their confidence in a Chinese economy, where the possibility of an inflation-spurred slowdown, driven by higher interest rates, has been worrying markets.
    Mr Martins said the middle kingdom would probably produce about 700 million tonnes of steel this year, of which 650 million tonnes would be consumed domestically and 50 million tonnes exported.
    Chinese crude-steel production rose 7.8 per cent to 60.25 million tonnes in May from a year earlier, and was up 8.5 per cent in the January to May period compared with 12 months earlier.
    Rio said it was quickening its iron-ore expansion due to continued strong demand. BHP Billiton and Andrew Forrest's Fortescue Mining are also trying to quickly boost Pilbara output.
    Rio last year outlined a five-year iron-ore expansion plan.

    News Ltd.
  11. forum rang 10 voda 16 juni 2011 16:58

    Bearish Moving Average Cross by ArcelorMittal

    Published on Wed, 06/15/2011 - 11:22
    By Peter Chu in Moving average crossovers, mt, arcelormittal, moving average cross, nyse:mt

    ArcelorMittal (NYSE:MT) shares have crossed bearishly below their 10-day moving average of $32.33 on a volume of 2 million shares. Swing traders may find an opportunity for a short position as such a crossover often suggests lower prices in the near term. A close below this moving average level may confirm this.

    In the past 52 weeks, ArcelorMittal share prices have been bracketed by a low of $26.66 and a high of $38.88 and are now at $32.01, 20% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.16% while the 50-day MA has declined 0.7%.

    ArcelorMittal produces steel. The Company manufactures cold rolled, electrogalvanized and coated steels, slabs, special quality bars, and wire rods. Arcelor Mittal has steel making operations in Europe, the Americas, Asia, and Africa.

    By Peter Chu
    pchu@fnno.com
  12. forum rang 10 voda 16 juni 2011 16:59
    CARPENTER TECHNOLOGY IS AMONG THE HIGHER PRICED STOCKS IN THE STEEL INDUSTRY WITH RELATIVELY LOW UPSIDE POTENTIAL (CRS, MT, NUE, ATI, HAYN)
    Share Jun 16, 2011 (SmarTrend(R) News Watch via COMTEX) --

    Below are five higher priced stocks (share price over $20) in the Steel industry with the lowest upside potential. Upside potential represents potential gains between the current stock price and the projected average analyst target.

    Carpenter Technology (NYSE:CRS) has a potential upside of 12.2% based on a current price of $48.57 and an average consensus analyst price target of $54.50.

    ArcelorMittal (NYSE:MT) has a potential upside of 23.7% based on a current price of $31.51 and an average consensus analyst price target of $38.98.

    Nucor (NYSE:NUE) has a potential upside of 23.8% based on a current price of $39.79 and an average consensus analyst price target of $49.25.

    Allegheny Technologies (NYSE:ATI) has a potential upside of 24.6% based on a current price of $60.45 and an average consensus analyst price target of $75.33.

    Haynes International (NASDAQ:HAYN) has a potential upside of 28.5% based on a current price of $52.92 and an average consensus analyst price target of $68.00.

    SmarTrend currently has shares of Nucor in an Downtrend and issued the Downtrend alert on May 12, 2011 at $44.09. The stock has fallen 9.8% since the Downtrend alert was issued.

    Write to Chip Brian at cbrian@mysmartrend.com

  13. forum rang 10 voda 16 juni 2011 21:37
    Thyssen Stainless IPO Is Preferred Option, Unit Worth About EUR3 Billion - Sources

    By Eyk Henning & Martin Rapp and Jan Hromadko

    Published June 16, 2011

    | Dow Jones Newswires

    FRANKFURT -(Dow Jones)- ThyssenKrupp AG (TKA.XE) is pressing ahead with its plans to sell a majority of its stainless-steel business, which is estimated to be valued at around three billion euros ($4.25 billion), according to several people familiar with the matter.

    The Essen-based company is in the process of mandating banks that will advise it on the transaction, people in the financial community close to the company said.

    One person added that the selection of financial advisers is expected to be concluded within two to three weeks.

    They added that the company is preparing several options for the divestment, including an initial public offering and a sale.

    An IPO for the unit, Stainless Global, is the preferred option for the divestiture as a full or partial sale to a competitor would likely encounter resistance from competition authorities, the people said.

    They also said that private-equity companies are generally possible bidders for the company's stainless-steel unit. However, the cyclicality of the business may result in limited interest from private-equity investors.

    A ThyssenKrupp spokesman declined to comment on the matter.

    Germany's largest steelmaker by output last month announced plans to spin off the Stainless Global unit, which recorded sales of EUR5.9 billion in fiscal 2010, ended Sept. 30.

    At the time, Chief Executive Heinrich Hiesinger said that the global stainless-steel market remains a growth market, but overcapacities in Europe and to an extent in Asia mean the sector will have to consolidate.

    Hiesinger had also said that ThyssenKrupp plans to keep a minority stake in the stainless business but cede operational control.

    A spinoff of ThyssenKrupp's stainless-steel business would follow a similar move by ArcelorMittal (MT) earlier this year. The world's largest steelmaker by output spun off its stainless business, Aperam, in January.

    So far any consolidation attempts have failed, but ThyssenKrupp's Hiesinger said that the company's decision to spin off its stainless unit could provide further options for mergers or partnerships.

    The stainless steel spinoff is part of a broader divestment program, under which Germany's largest steelmaker by output plans to sell assets that generate around EUR10 billion in annual revenue and employ some 35,000 people.

    In fiscal 2010, which ended Sept. 30, ThyssenKrupp generated sales of around EUR42.6 billion.

    Copyright © 2011 Dow Jones Newswires

    Read more: www.foxbusiness.com/industries/2011/0...
  14. forum rang 10 voda 17 juni 2011 17:02
    Steel tube prices to rebound by Q3 - Mr Marcegaglia

    Prices of steel tubes and their raw material, hot rolled coils, are likely to rebound in the third quarter of 2011 after a fall in the second quarter as demand picks up.

    Mr Antonio Marcegaglia chief executive of Italian steel processor Marcegaglia said that "I expect prices to have bottomed and slightly rebound starting in the third quarter I think prices should go up by EUR 20 per tonne to EUR 30 per tonne for hot rolled coils. This is because fundamentals are coming back, Japan is coming back and China is developing its housing plan.”

    Mr Marcegaglia told Reuters that prices of tubes and other final steel products would hopefully outpace an expected increase in raw material prices.

    He, citing forecasts from EUROFER, said that overall Steel demand in Europe is expected to rise 5.2% this year after a 4.0 to 4.5% increase in 2010.

    He said that apparent steel demand, which includes inventory build-up, is expected to rise 6.0% after a nearly 19% jump in 2010 powered by stock rebuilding after a slump in 2009 when the industry was hit hard by the global economic crisis.

    Mr Marcegaglia said that "I think it could be even a bit better added referring to 2011 steel demand compared to EUROFER forecasts. This year, real consumption and apparent should be more aligned.”

    He said that steel demand in Italy is expected to rise about 9 percent this year as major players, including Marcegaglia, plan to boost output and consume more steel.

    Marcegaglia group wants to raise its output of welded tubes to 2.4 million tonnes by the end of 2012 from 1.5 million tonnes in 2010 thanks to increasing production in Italy, China and Brazil, he said.

    Overall steel demand in Italy and the rest of Europe has been driven mainly by mechanical engineering, machinery and equipment as well as automotive industries. Construction remained weak, especially in southern Europe, Marcegaglia said.

    (Sourced from Reuters)
  15. forum rang 10 voda 17 juni 2011 17:05
    ArcelorMittal Dofasco injects USD 1 million into community

    It is reported that ArcelorMittal Dofasco is donating USD 1.6 million in grants to community organizations across the city and area. At Art Crawl on James Street North, the company announced it was awarding funding to 47 agencies.

    Dofasco president and CEO Juergen Schachler said that “We understand that in order for our business to be successful, we must have a successful and vibrant community.”

    The grants are part of the company’s 2011 Corporate Community Investment Fund program. A 10-member committee reviewed applications and awarded the donations in four categories: human health and social services, arts and culture, education and environment.

    While they have been awarding local grants for many years, the event Friday night, which featured art made from Dofasco steel and live music, was a first for the company, Mr Graham Browne vice president of corporate administration said that “We felt it was time to showcase people who do great work in the community … We want to engage the community where it is.”

    Mr Craig Rushton director of the Pathways to Education program in Hamilton said that it was the first time they’ve received a grant of this size. The money will support the charity’s work in tutoring and mentoring at-risk youth in the north end of the city.

    He said that “It’s important that it’s local, large business …It has to be local because we have local problems, we need local solutions to local problems.”

    Brother Richard MacPhee, the executive director of Good Shepherd, said Dofasco has a legacy of caring for the city. He commended the company for celebrating the 47 agencies during Art Crawl because it placed them within the neighborhood it was supporting adding Good Shepherd’s shelter and school for homeless children were just down the road.

    (Sourced from www.thespec.com)
  16. forum rang 10 voda 17 juni 2011 17:06
    ArcelorMittal Ostrava had operating income in 2010

    Hospodarske Noviny reported citing chief executive officer Mr Augustine Kochuparampil ArcelorMittal Ostrava AS had an operating income in 2010 after a loss of about CZK 2 billion (USD 120 million) in 2009.

    The newspaper said that ArcelorMittal’s Czech unit ran at 65% of production capacity last year due to a decline in demand.

    (Sourced from Bloomberg)
  17. forum rang 10 voda 17 juni 2011 17:07
    ArcelorMittal Poland is concerned about the economic situat

    A wave of wage demands, which recently swept the country, reached the largest steel producer ArcelorMittal Poland. The leaders of "Solidarity" of the board are demanding talks on raising wages this would compensate for the lack of increases in the difficult industry 2009-2010. The unions point out that the company has been behind the crisis thanks to the return of prosperity in the steel and restructuring.

    The decision to form dopominania about money is to be made tomorrow. The unions disclosed that in mid-May, Andrew Wypych, Director of Personnel ArcelorMittal Poland, said that talks on wage increases can be expected not earlier than in the wage negotiations for 2012 if any at all take off.

    "Quoted by the company at present negative results and negative economic forecasts for the next month, unfortunately, can not customize the optimistic, resulting in the fact that instead of negotiations on possible changes in payroll in 2012 will soon be forced to begin talks on renewal for the next months of the year 2011" Agreement on actions during the difficult production in ArcelorMittal Poland "

    In mid March, company launched a blast furnace off since August 2010. As a result, there are three of the four owned plant in Poland. One furnace is blank since the autumn of 2008, when the crisis hit the industry and dramatically decreased the demand for steel products.

    Ms Sylvia Winiarek a spokeswoman for ArcelorMittal Poland said that “We have already said that a return to pre-crisis production levels will take several years. Demand is slowly recovering, and indeed there are fluctuations in the demand for individual product groups. Currently, for example, we observe a lower level of orders for long products. This does not mean that the prospects for the steel industry are bad, but that market is not recovering as quickly as we'd like. We believe that capacity utilization in the whole group of ArcelorMittal in the second quarter will oscillate at 80 percent.”

    The average salary in the company is now about PLZ 4.8 thousand. Negotiation of salary growth in 2011 ended last year agreed the rises of 3.5%.
  18. forum rang 10 voda 17 juni 2011 17:09
    China aluminum and alumina output hits records in May

    Reuters reported that China's production of nickel, primary aluminum and its raw material alumina hit records in May on increased capacity that could see aluminum output rise further in June.

    Production of refined copper in the world's top consumer of the metal continued to slow from a record 470,000 tonnes in March as a reduced supply of scrap constrained producers.

    Mr Fu Bin analyst at Jinrui Futures in Shenzhen city said that aluminum production is still moving upward. The key issue is that there is a lot of new capacity. Production of primary aluminium in the world's top producer rose 5.3% on the month to hit a third consecutive record at 1.536 million tonnes up 8.7% from a year ago. Record production showed that power shortages had not affected large smelters.

    Industry sources said that power supply remains normal in the resource-rich provinces in the north and northwest where the bulk of new aluminum capacity is located.

    Monthly production could reach fresh record highs in June and July as an estimated 1.5 million tonnes of new annual capacity is slated to come on stream. Output of alumina, the main material for aluminium production, reached a record 3.119 million tonnes in May up from the previous record of 2.987 million tonnes in April. Increased supply is weighing on alumina prices and prompting merchants to mull alumina exports.

    (Sourced from Reuters)

  19. forum rang 10 voda 17 juni 2011 21:33

    Corus mag grootste hoogoven in India bouwen


    De hoogovens bij IJmuiden. © ANP

    Danieli Corus uit Velsen mag de grootste hoogoven van India ontwerpen en opleveren. Behalve het bedrijf uit Velsen nemen ook Danieli Corus India en Tata projects aan het project deel. Dat maakte Danieli Corus vandaag bekend.
    De opdrachtgever is NMDC, een Indiase mijnbouworganisatie, die een volledig staalbedrijf uit de grond stampt. Het totale project kost 285 miljoen euro. De klus duurt 33 maanden. De hoogoven krijgt een inwendig volume van ruim 4500 kubieke meter en moet een capaciteit krijgen van 3 miljoen ton staal per jaar.

    Danieli Corus is in handen van het Italiaanse Danieli en het Brits-Nederlandse Corus, dat deel uitmaakt van het Indiase Tata Steel. De wortels van Danieli Corus liggen in IJmuiden; het bedrijf werd in 1977 opgericht om de lokaal beschikbare kennis te vermarkten. (ANP/Redactie)


    17/06/11 12u30

    Lees ook: Corus wijzigt naam in Tata Steel
    Lees ook: Topman Corus vertrekt

    www.ad.nl/ad/nl/5597/Economie/article...
  20. forum rang 10 voda 20 juni 2011 16:16
    INTERVIEW: Aperam CFO verwacht herstel na de zomer


    Door Levien de Feijter

    Van DOW JONES NIEUWSDIENST


    AMSTERDAM (Dow Jones)--Aperam sa (APEMY) heeft sinds de beursgang eind januari een lastig begin doorgemaakt, waarbij overcapaciteit op de Europese staalmarkt en een lage nikkelprijs het concern parten spelen, maar de voormalige roestvrijstaal divisie van ArcelorMittal (MT.AE), verwacht dat na de zomer herstel optreedt.

    Chief financial officer Julien Onillon erkent dat de marktomstandigheden momenteel moeilijk zijn, maar ziet verbetering. "Ik verwacht dat er herstel zal optreden na de zomer, al blijft het moeilijk in te schatten hoe de nikkelprijzen zich zullen ontwikkelen".

    Hoewel het concern in het eerste kwartaal de resultaten sterk zag verbeteren ten opzichte van het vierde kwartaal van 2010, waarschuwde het bedrijf voor aanhoudende prijzendruk in de rest van het jaar. Een van de belangrijkste problemen is de overcapaciteit op de Europese staalmarkt, waar Aperam ongeveer 70% van zijn omzet vandaan haalt.

    Ook spelen de momenteel lage nikkelprijzen een belangrijke rol. Dat leidt ertoe dat klanten het aanvullen van de voorraden uitstellen om een verdere prijsdaling af te wachten.

    Daarnaast heeft de onderneming te kampen met een sterke euro en Braziliaanse reaal, terwijl de dollar zwak blijft. Staalprijzen worden uitgedrukt in de Amerikaanse munteenheid. Aperam is behalve in Europa ook in Brazilie actief.

    Onillon stelt dat de wereldwijde staalmarkt in de komende vijf jaar met zo'n 5% per jaar zal groeien. Voor Europa schat hij de groei in op 3% tot 4% en voor Brazilie verwacht hij een groei van 6% tot 7%. "Maar zelfs met deze groeicijfers is het niveau nog lager dan voor de crisis. Dat geeft aan dat er nog een lange weg te gaan is", zegt Onillon.

    Een positieve ontwikkeling is volgens de CFO dat roestvrijstaal marktaandeel afpakt van de markt voor koolstofstaal. Negatief is de toenemende import uit China van witgoed, waarin veel roestvrij staal wordt gebruikt, wat marktaandeel kost.

    Om het probleem van de overcapaciteit aan te pakken is Aperam bezig met zijn productiecapaciteit te wijzigen. "We kunnen snel reageren en de productie aanpassen. Ook hebben we de productie bij minder renderende fabrieken opgeschort."

    De financieel topman zegt dat er te veel spelers zijn en dat consolidatie nodig is. "We zijn een nieuwe speler en willen een dynamiek creeren, zodat de industrie in beweging komt."

    In mei maakte ook het Duitse staalbedrijf ThyssenKrupp (TKA.XE) bekend te gaan reorganiseren en in navolging van ArcelorMittal de roestvrijstaal activiteiten af te willen splitsen. De roestvrijstaal divisie van ThyssenKrupp behaalde vorig jaar een omzet van EUR5,9 miljard, tegen EUR5,6 miljard voor Aperam.

    Aperam wil niet ingaan op de vraag of interesse bestaat voor de activiteiten van ThyssenKrupp. "Iedereen moet zijn eigen pad kiezen. We zijn bereid om dingen te bespreken, maar het is nog te vroeg om er iets over te zeggen", verklaart Onillon desgevraagd, daaraan toevoegend dat ThyssenKrupp voorlopig niets lijkt te willen verkopen, maar bezig is met het afsplitsten van de divisie.

    De CFO geeft aan dat Aperam in dat verband een voorsprong heeft op het Duitse concern van bijna een jaar. "We hopen die voorsprong te kunnen behouden."

    Aangaande de activiteiten in Brazilie spreekt Onillon van een markt met veel perspectief, met name voor elektrisch geleidend staal. "We zijn op dit moment aan het bestuderen of we een belangrijke investering in Brazilie zullen doen", zegt hij. "Voordat we de beslissing nemen moeten we eerst zeker zijn dat het economisch herstel doorzet en dat we genoeg kasstromen hebben."

    Onillon wil niet zeggen wanneer de investering plaats zal vinden, maar geeft aan dat de beslissing wellicht dit jaar nog genomen kan worden.

    Aperam deed 25 januari zijn intrede op de AEX-index met een aanvangskoers van EUR28,00. De slotkoers van vrijdag 17 juni bedroeg EUR22,27, wat een verlies van dik 20% betekent.

    Reagerend op de tegenvallende prestaties van het aandeel, zegt de CFO dat het gat met concurrenten kleiner wordt. Daarnaast wijst hij op het ontbreken van een lange termijn visie van de aandelenmarkten. "Zodra de nikkelprijs daalt, wordt het aandeel van de hand gedaan. Ik begrijp dat wel, maar vindt het wel jammer dat de markt zo staal volatiel is."

    Omstreeks 16.00 uur noteert het aandeel


    Door Levien de Feijter; Dow Jones Nieuwsdienst: +31-20-5715200; levien.defeijter@dowjones.com


    (END) Dow Jones Newswires
1.000 Posts
Pagina: «« 1 2 3 4 5 6 ... 50 »» | 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