Home
- Belegger.nl: steun en toeverlaat voor beleggers. Bekijk de beurskoersen, de laatste stand van de AEX en lees het nieuws, de columns en de adviezen.
Koersen
- Aandelen
- Indices
- Valutas
- Rentes
- Commodities
- Certificaten
- Opties
- Futures
- Beleggingsfondsen
- Trackers
- Obligaties
- Hefboomproducten
Nieuws
Forum
Analyse & advies
Thema's
- Beurstips en handelskansen
- Fondsen & ETF's

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.

Market Monitor

Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 ... 1755 1756 1757 1758 1759 » | Laatste

Omlaag ↓

voda 9 februari 2021 06:28

OEMK Reports Record Export of Billets in 2020

Metalloinvest’s Oskol Electrometallurgical Plant, named after AA Ugarova, at the end of 2020 shipped a record amount of cast square billets to consumers. 1 million 40 thousand tonnes of products were sent to enterprises in Turkey, UAE, Saudi Arabia, Tunisia, China, Italy, Denmark, Colombia and a number of other countries. This is more than the previous maximum figure set in 2016 by almost 20 thousand tonnes.

OEMK produces continuous-cast square billets with a cross-section of 150x150 mm and 170x170 mm of a wide range of grades on a continuous casting machine No 6. The products are distinguished by stable surface quality and dimensional accuracy.

Since the launch of CCM No 6 in operation in 2005, the total shipment has amounted to 12 million tons.

Source - Strategic Research Institute

voda 9 februari 2021 06:29

Wales MP Mr Nick Smith Seeks Use of UK Steel in Projects

South wales Argus reported that UK’s Wales County Blaenau Gwent MP Mr Nick Smith said “Planning ahead to our post-Covid economic recovery, the UK government should be taking every opportunity to make use of UK steel, supporting our skilled steel workers and those in the supply chain. With the Prime Minister’s plans to build, build, build GBP 640 billion of infrastructure projects, there has never been a better time to back UK steel than now. Despite this, there are still no real indications that the UK Government is serious about supporting the domestic steel industry.”

He said “I have previously spoken about how less than half of the steel purchased by the government is from the UK. I have spoken directly with the Minister for Defence Procurement about using UK steel rather than say French and Swedish imports.”

He added “I have spoken many times about the urgent need to provide financial support to the industry and ensure long-term support by placing UK steel at the centre of future green industries for example in the production of wind turbines and the steel that is used in electric cars and charge points.”

He also said “The latest issue involves calling on the government to close a loophole which is allowing cheap Turkish imports to undercut UK steel through the use of bonded warehouses to avoid paying duties. This is an issue where nothing illegal is taking place, but it is a practice that creates an unlevel playing field for British firms and ultimately puts businesses and jobs at risk. I have written to the government several times on this matter and the wider issue of maintaining safeguard measures to protect UK steel companies. The responses I have received so far have failed to address the concerns and simply explain how the current regulations around bonded warehouses work. I have now asked, if HMRC is not planning to address this issue, then what steps will be taken to ensure that domestic steel is able to compete. Protecting UK steel should be a priority for this government.”

Source - Strategic Research Institute

voda 9 februari 2021 06:29

GMS Market Commentary on Ship Breaking in Week 05

World's leading cash buyer of ships for recycling GMS said that “Last week, the big news from the subcontinent markets concerns the announcement of the Indian budget, which proposes DOUBLING the capacity in Alang for taking in ships for recycling. In the budget, it has been expressly stated that the Indian government would make greater efforts to entice ships from Europe and Japan to Alang and that the recycling capacity of 4.5 million LDT would be doubled by 2024. How this will be achieved and what kind of stimulus packages will be put in place for the industry remains to be seen. However, this is an important first step for PM Modi’s government to finally recognize the importance of the domestic ship recycling sector for the country. We certainly hope that this will have a knock-on effect across the Indian sub-continent ship recycling markets. Currently, there are 90 HKC approved yards in India & one in Chittagong and it is hoped that if governments in Bangladesh and Pakistan take the announcement we have seen during the Indian budget this week just as seriously, then greater efforts can hopefully be anticipated to similarly upgrade facilities across the sub-continent at large.”

GMS added “In terms of pricing, the markets remain in the doldrums, although they have at least stopped tumbling. A steep decline had been witnessed from the middle of January, with almost USD 100/LDT being knocked off prices. However, there is hope that the worst of the falls are over and the only way from here is up. Wrapping up the week in the recycling industry is the Turkish market, whose unrelenting free-fall over the last several weeks have been without remorse and this week is no different, with both steel fundamentals, scrap and imports, reporting further declines last week and on to reversing a healthy majority of its recent gains.”

Source - Strategic Research Institute

voda 9 februari 2021 06:30

US Steel Production Capacity Utilization Slips Further in Week 05

The American Iron and Steel Institute reported that for the week ending on February 6, 2021, US domestic raw steel production was 1,705,000 net tons while the capability utilization rate was 75.2%. Production was 1,844,000 net tons in the week ending February 6, 2020 while the capability utilization then was 81.5 percent. The current week production represents a 7.5% decrease from the same period in the previous year. Production for the week ending February 6, 2021 is down 1.2% from the previous week ending January 30, 2021 when production was 1,725,000 net tons and the rate of capability utilization was 76.1%.

Broken down by districts, here’s production for the week ending February 6, 2021 in thousands of net tons: North East: 147; Great Lakes: 599; Midwest: 182; Southern: 708 and Western: 69 for a total of 1705.

Adjusted year-to-date production through February 6, 2021 was 9,065,000 net tons, at a capability utilization rate of 75.8%. That is down 9.3% from the 9,993,000 net tons during the same period last year, when the capability utilization rate was 82.2%.

Source - Strategic Research Institute

voda 9 februari 2021 06:30

Oxygen Shortage amid COVID-19 Impacts Production in SA

The impact of COVID-19 has had a significant negative impact on businesses across all sectors and taken a toll on healthcare systems and facilities in South Africa. In recent weeks, there have been news reports of a high demand for medical oxygen, putting immense pressure on oxygen suppliers and affecting industrial supply. In an attempt to assess the scale of the oxygen shortage, the Steel and Engineering Federation of South Africa, surveyed its member companies to investigate companies establish their experiences around oxygen shortage within the metals and engineering sector and to understand the impact of the shortage on their production levels and whether alternative supplies were being sought regarding input supply chains.

According to the survey results, which were sent to all 1,600 companies that are members of SEIFSA through its affiliated Associations, 76.92% of the respondents said they had experienced oxygen shortages and had considered alternative supplies in the process.

Several companies whose analytical instruments use oxygen had to alter their inspection regularly to reduce consumption and find alternative supply, in one case at a cost of R4,000 per bottle versus the standard cost of R140 per bottle. Some of the respondents mentioned that they were at risk of running out of oxygen within 14 days. Others said the impact had been so severe that they had had to apply for extensions on their projects or stop production altogether.

Source - Strategic Research Institute

voda 9 februari 2021 06:31

Freight One & Vyska Plant of OMK Ink Logistics Pact

Russian logistic operator Freight One has entered into a 3 year cooperation agreement with the Vyksa plant of the United Metallurgical Company OMK in Nizhny Novgorod region of Russia. The operator will provide wagons for the transportation of pipes, wheel products, coils and sheets of the enterprise. OMK products will be sent to partners throughout Russia.

OMK's Vyksa plant Director for Transport Logistics Mr Alexander Mishin said “We are working not only to improve product quality, but also to improve customer service, where logistics is one of the key links. The share of railway transportation in the total volume of shipments of the plant is on average 75%. Freight One is our strategic partner, together with whom we ensure uninterrupted supply of products to our customers. The new contract will make it possible not only to guarantee the reliability of supplies, but also to increase the efficiency of processes in general.”

Source - Strategic Research Institute

voda 9 februari 2021 06:32

Tenaris Recognized for Tube Supplies to Power Projects

Leading industrial, waste to energy and biomass power plants company Standardkessel Baumgarte GmbH has recently recognized Tenaris, among its main partners, for the successful cooperation in the parallel assembly of 10 high efficient gas turbine plants across Germany. Tenaris Power Generation Sales Manager Alla Cierpinsky “We have been working with Standardkessel Baumgarte for more than 20 years and have built a long history of many important projects that strengthens our partnership. In particular, together we faced this latest challenge, guaranteeing a smooth project execution based on high quality products and flexible supply chain management.”

Tenaris supplies customized solutions for applications in waste to energy and biomass plants, offering a multi-destination logistic service and tube lengths up to 26 meters. The safe assembly and commissioning of a large industrial steam generator is in itself a challenge under technical, scheduling and commercial requirements. The global pandemic has added further complexity, such as the adaptation of assembly procedures and the mastering of additional administrative processes.

Source - Strategic Research Institute

voda 9 februari 2021 06:32

Perma Pipe Bags Mangla Crude Oil Pipeline Insulation Contrac

Perma Pipe International Holdings Inc last month announced that its subsidiary Perma Pipe India Pvt Ltd has been awarded a USD 6.7 million contract by JSIW Infrastructure Pvt Ltd for application of a thermal insulation system on pipe to be used for the construction of the 12 inch diameter, 74 kilometer. The skin effect heat traced and insulated crude oil pipeline is being developed by HPCL Rajasthan Refinery Ltd, a joint venture company between HPCL and the Government of Rajasthan. The pipeline is established for the purpose of constructing a new refinery and petrochemical complex in Pachpadra Tehsil of District Barmer in the state of Rajasthan. Engineers India Limited (is the project management consultant for the pipeline project.

The project will utilize Perma Pipe’s TRACE-THERM insulation system which is designed to ensure optimum heat management during the life of the pipeline. The system will have welded tracer tubes for heat tracing and spray applied polyurethane foam jacketed with a high density polyethylene casing. Prior to application of the insulation system, an anti-corrosion coating will be applied on tracer tubes and bends in Perma Pipe’s newly commissioned custom coating facility. The project will begin execution in Perma Pipe’s Gandhidham, Gujarat, India facility in the first quarter of 2021.

Source - Strategic Research Institute

voda 9 februari 2021 06:33

HAL & GE Aviation Sign Contract for Supply of Forgings

Hindustan Aeronautics Ltd last week signed a contract with GE Aviation for development and supply of ring forgings for GE Aviation military and commercial engine programs. The five-year contract valued over INR 100 crores involves supplying both steel and nickel alloy forgings for shrouds, cases, rings and seals. The ring forgings will be manufactured at HAL’s newly established, state-of-the-art ring rolling facility at the Company’s Foundry and Forge Division in Bengaluru. The division has, after a rigorous audit process, obtained GE Aviation approvals for its quality system and special processes.

Foundry & Forge Division of HAL, Bangalore Complex is supplying Ring forgings for Defense & Civil Aerospace requirements for the last 3 decades. HAL’s Foundry & Forge Division in Bangalore specializes in manufacturing of seamless rolled rings in aluminum, nickel & titanium alloys and various grades of steel for civil and military aero-engines and space applications. Current contact from GE Aviation for their Global Aero engine requirements is a reaffirmation of HAL’s capabilities in the field of Ring Forging hal-india.co.in/Common/Uploads/NewsTe...,%20HAL.JPG

Source - Strategic Research Institute

voda 9 februari 2021 06:34

Worthington Industries Introduces ThermaGuard Hydrogen Cylinders

Worthington Industries Inc announced the release of ThermaGuard hydrogen cylinders, a new product optimized to meet the unique needs of hydrogen fuel. Meticulously developed using Worthington’s aerospace grade standards, ThermaGuard hydrogen cylinders are proven to be a more efficient means of transporting and storing high-pressure hydrogen gas. ThermaGuard hydrogen cylinders are developed with advanced composite materials and are warranted for their service life at 250 degrees Fahrenheit (121 C) operating temperature. This eliminates the need for hydrogen pre-chilling, and cylinder replacement is not necessary when chilling equipment malfunctions or otherwise goes out of calibration. Older composite cylinder designs are limited to operating temperatures of 185 degrees Fahrenheit (85 C), requiring hydrogen to be pre-chilled to protect cylinders from overheating. Chilling hydrogen is expensive and slows the filling process.

ThermaGuard cylinders will help fuel cell and hydrogen powertrain developers and hydrogen refueling stations with faster filling, reduced fuel costs, reduced capital expenditure, reduced range anxiety & extended life cylinders

ThermaGuard hydrogen cylinders are designed to capture, contain and use hydrogen with service pressures ranging from 248–700 bar (3,600–10,150 psi) for usage as motor vehicle fuel containers and in mobile pipeline applications for zero-emission and sustainable mobility solutions.

Source - Strategic Research Institute

voda 9 februari 2021 06:36

Chile Building Earthquake Resistant Steel Suspension Bridge

Ms Emma Barnes of worldsteel shared that, in one of the most challenging engineering projects ever undertaken, Chile is building a unique steel-built suspension bridge near the site of the strongest earthquake ever recorded. Planned to open in 2023, the Chacao suspension bridge is sited just 80km from a seismic fault zone where a record-shattering 9.5 magnitude earthquake struck in 1960 and an offshore earthquake measuring 8.8 hit the area in 2010. This isn’t the only challenge that faces the designers, as the bridge will link the island of Chiloe to the mainland across a sea channel that comes with powerful currents and winds that can reach speeds of more than 200 kilometres per hour. Set to cost more than USD 700 million, once completed the bridge will replace the ferry service that runs to Chiloe, bringing travel times down from 30-45 minutes to just 3 minutes. This will impact massively on the island’s economy and, it is hoped, will boost tourism in the area.

Spanning 2750 meters, the Chacao will be South America’s longest suspension bridge. Tackling a project of this scale required a robust design, engineering and construction team, and a consortium made up of OAS, Hyundai, Systra and Aas Jakobsen won the work from the Chilean government, with Hyundai leading on construction and bringing in Arup as a consultant. Arup formed a multidisciplinary consultation team to deal with the challenging site conditions, with geotechnics, maritime impacts, wind and seismic engineering, and anchorage and foundation design all key parts of the planning process. Due to the high seismic activity in the area, it was vital that the structure of the suspension bridge have a correspondingly high ductility to deal with potential tremors. To ensure the seismic performance of the concrete towers, steel reinforcement bars were required in the pile structure, in addition to an external 70 mm thick steel casing at their top. This steel core also gave the foundations the flexibility to deal with the surging tides that hammer the bridge’s coastal location.

Galvanised steel wire also offered the best breaking-strength-to-weight ratio for the suspension bridge cables, allowing the designers to fully optimise the bridge’s support structures while meeting the unique site requirements

The 2.7 kilometer span of the bridge will be supported by three steel-reinforced concrete towers, with two main-spans measuring 1,055 meters and 1,100 meters, and a suspended side-span of 380 meters. Supporting a highway with two lanes running in each direction, the 175 meters tall central tower will sit on Roca Remolinos, a small reef in the middle of the channel where a rocky outcrop breaks the surface.

Designed for a 100 year lifespan, the bridge’s 24 meters wide deck is fabricated from structural steel plate that plays a part in allowing it to resist wind speeds of more than 240 kilometres per hour. At the heart of this is its orthotropic box girder design, fashioned from 20,700 tonnes of high-strength steel. Orthotropic bridges have their decks stiffened longitudinally with lattice girders and transversely with floor beams. This reinforcing allows the bridge deck to carry vehicular loads while also contributing to the overall load-bearing structure.

Source - Strategic Research Institute

Bijlage:

voda 9 februari 2021 06:38

China Baowu Group Eying 150 Million Tonne Capacity

According to recent media reports world’s largest steel producer China's Baowu Steel Group, after acquiring 90% of the shares of Kunming Iron & Steel having about 8 million tonne steel capacity, is in discussion to acquire Shandong Province based Shandong Iron & Steel Group with capacity of about 30 million tonnes per year in its quest to increase in its steelmaking capacity to about 150 million tonnes per year. Shandong Iron and Steel Group has produced 29.05 million tonnes of pig iron, 31.11 million tonnes of crude steel and 30.90 million tonnes of finished steel in 2020, up 11.0%, 12.8% & 15.9% YoY respectively

Baowu was formed through a merger between Baosteel and Wuhan Iron & Steel in 2016. It then went on to merge with Anhui Province based Maanshan Iron & Steel Co, Shanxi Province based Tisco Industrial Co in August 2020, Chongqing Iron & Steel Co in September 2020 and Xinxing Ductile Iron Pipes and Xinjiang Yili Steel in November 2020 to reach capacity of 115 million tonnes in September 2020.

China's proposed five year roadmap for its steel industry calls for further market consolidation so that the five largest companies account for 40%and its 10 largest companies account for 60% of total steel output.

Source - Strategic Research Institute

voda 9 februari 2021 06:39

Political Parties Join Vizagites to Oppose Sale of RINL

After our report about “Opposition to Privatise RINL VSP Intensifying”, there have been several reports over weekend about various groups including employees, trade unions, civic groups & political parties have reacted to the proposed strategic sale of Rashtriya Ispat Nigam Limited. On Friday, hundreds of VSP employees, affiliated to various trade unions, organised a rally from Kurmannapalem to the Gandhi statue near the GVMC office, to stage a protest and demand the immediate rescinding of the proposal. All trade unions such as CITU, AITUC, INTUC and YSRC Party Trade Union have joined hands to stage the protest and they collectively took a decision to oppose the sale. Various political parties have also lent support to the movement to stop sale of RINL

Andhra Pradesh Chief Minister Mr YS Jagan Mohan Reddy has written to Prime Minister Mr Narendra Modi to reconsider the decision. He said “The Government of Andhra Pradesh is ready to work with the Ministry of steel to protect the jewel of Andhra Pradesh. Therefore, I request you to kindly reconsider the disinvestment plans of RINL Visakhapatnam and explore other opportunities to put the plant back on track.”

Andhra Pradesh Industries minister Mr Mekapati Gautham Reddy said that plant ownership should be transferred to the state government after taking away the debt burden by the Centre. He said “Since the Centre has come out with a decision to withdraw its stake in the Rashtriya Ispat Nigam Visakhapatnam Steel Plant it should consider transfer of the asset to the state in return of granting a new plant. We will protect the steel plant as it is the pride of the state. It is not wise to handover a plant set up after such long-drawn public agitation.”

Lok Sabha member from Visakhapatnam Mr MVV Satyanarayana said he will resign from the parliament if the central government goes ahead with privatisation of Visakhapatnam Steel Plant. The MP said a delegation will visit New Delhi soon and hold discussions with union finance minister Ms Nirmala Sitaraman and other senior ministers for reconsideration of the decision. He pointed out that he had written a letter to union steel minister and finance minister on January 30 asking them not to privatise the steel plant though it was running in losses.

TDP chief and former Andhra chief minister Mr Chandrababu Naidu targeted the YSRCP government asking what the state government is doing when the Visakhapatnam steel plant which directly employs 18,000 permanent employees, 22,000 contract employees and indirectly employs millions, is being privatized. TDP MLA from Vizag north former minister Mr Ganta Srinivasa Rao resigned from the Andhra Pradesh Assembly over the issue.

Congress party organised a dharna in front of Municipal Corporation office on Saturday. Party leaders demanded the Central government to withdraw the decision to privatise the steel plant and make an announcement in the Parliament in the next 24 hours. Otherwise, the party will intensify the protest from Tirupati.

BJP State Chief Mr Somu Veerraju said, “It was one of the biggest agitations in the history of Andhra Pradesh. MP GVL Narasimha Rao and MLC PVN Madhav will be meeting the Union Minister for Steel. We will further apprise the national leadership of the prevailing sentiment of the people of the State in a meeting in New Delhi on February 14. The State unit is in favour of the public sentiment and will fight for the Vizag steel plant.”

Source - Strategic Research Institute

voda 9 februari 2021 06:40

ThyssenKrupp CEO Confirms Discussions with Liberty Steel

Thyssen Krupp CEO Ms Martina Merz in her investor presentation during Virtual Annual General Meeting on February 5, 2021 said “We are pressing ahead with the dual-track process we have initiated. Our ultimate goal is to ensure the future viability of steel and thus safeguard our employee’s prospects. In our view, this is more important than the question of ownership. That is why, following the positive experience with the decision-making process at Elevator, we began exploring options for the steel business last summer. The goal was to carefully examine all conceivable options with a view to safeguarding the future of the business. In the fall, we announced that we would make a decision in March 2021. That remains our intention. Last week, Liberty Steel sent us an updated offer, which we are currently examining very carefully. As agreed, this offer is still not binding and contains a number of complex aspects that require further clarification. We are in discussions with Liberty Steel to this end.”

She added “At the same time, as we have emphasized from the start, we do not intend to make ourselves dependent on any third party and are working hard on an alternative solution to make steel fit for the future by our own efforts. Here, there are two possible variants: continuing the steel business as part of the Group or a spin-off. We realize that both these variants would be challenging but they could offer an attractive solution for the business. However, a number of conditions would need to be in place first and we are currently examining these very carefully. What is important to me is that the future viability of steel is the main criterion for a good decision.”

Thyssenkrupp has reported sales of EUR 28.9 billion in 2020 down by 15% YoY, order intake of EUR 28.2 billion down by 17% YoY & adjusted EBIT of EUR 1.6 billion.

Source - Strategic Research Institute

voda 9 februari 2021 06:41

US Congressional Steel Caucus Urges to Keep Steel Tariffs

The Times reported that US’s Congressional Steel Caucus, a bipartisan group of members of the House of Representatives who mostly represent districts with steel mills or iron ore mines, has sent a letter to Biden administration urging it to keep the Section 232 steel tariffs in place. They argue the tariffs are needed to protect a vital industry that supports 2 million jobs across the United States, supplying the metal needed for cars, appliances, bridges, buildings and other infrastructure. The letter stated “As members of the Congressional Steel Caucus, we work closely with industry and labor and recognize the impact that unfairly traded imports and global steel overcapacity have had on the nation’s steel sector. It is important that these tariffs and quotas remain in place to ensure the industry can continue its road to recovery.”

Congressional Steel Caucus co-chair Northwest Indiana's congressman US Rep Frank J Mrvan wrote “I applaud the initiative of my fellow leaders and members of the Congressional Steel Caucus for joining together to express our strong support that the Section 232 steel tariffs and quotas remain in place. We must continue to do all we can to ensure that our nation supports domestic steel companies and American steelworkers. It is necessary for the American steel industry to have a level playing field so that our innovative companies and skilled workers can lead the world in manufacturing the most environmentally-friendly and efficiently produced steel. I look forward to continuing to engage with Steel Caucus members, my colleagues, and the Biden-Harris Administration to ensure that the American steel industry remains the foundation of our national economy and our national security.”

American Iron and Steel Institute president and CEO Mr Kevin Dempsey said “We are pleased and grateful that so many members of Congress have championed the American steel industry and our workers by supporting the preservation of the existing steel tariffs. We appreciate that a bipartisan group of 51 members of Congress, led by Steel Caucus Co-Chairmen Reps. Conor Lamb (D-PA) and Frank J. Mrvan (D-IN), and Co-Vice-Chairmen Reps. Mike Bost (R-IL) and Rick Crawford (R-AR), have sent a compelling letter to President Biden emphasizing the impact that unfairly traded imports and global steel overcapacity have had on our industry and that the steel tariffs and quotas have significantly reduced foreign steel imports. We appreciate the members of the Steel Caucus recognized that the new investments the steel industry is making, and our global leadership in the production of sustainable steel products, will be at risk if the existing tariffs and quotas do not remain in place. Steel is key to helping America build back better our economy by promoting American manufacturing and the jobs it supports. We stand ready to work with these members of Congress and others to address the global trade distortions in steel that continue to threaten the steel industry and its workers.”

US’s domestic steel industry and United Steelworkers union have pushed for trade protectionism for years because of concerns about foreign-made steel being dumped in the United States below fair market value. They say the global steel industry suffers from significant overcapacity, largely as a result of China's state-run steel industry, which single-handedly produces more than half the world's steel.

Source - Strategic Research Institute

voda 9 februari 2021 06:41

Residents Plan to Sue Tata Steel Ijmuiden

Dutch media Noordhollands Dagblad reported that dozens of IJmuiden residents and a number of foundations are suing Tata Steel for deliberately damaging their health and the health of the local wildlife. High profile Lawyer Ms Benedicte Ficqu, who will be filing the charges on behalf of the locals, told Noordhollands Dagblad "This factory unscrupulously and deliberately dumps hazardous substances into the air and soil of a densely populated area and into the wild. Deliberately, because these are very risky production processes that they are consciously engaged in."

The lawyer will wait a few more weeks before filing the charges, to give more local residents chance to join the suit should they wish to. Ms Ficq believes she has a strong case. According to her, it is easy to prove that Tata Steel violated its permit regulations on a large scale as judicial authorities and the province already identified several violations and imposed penalties for these.

Tata Steel in IJmuiden is also under suspicion from the national authorities. The Ministry of Justice and Security is already involved in a case against the steel manufacturer for violating its environmental permit. Tata Steel is accused of not doing enough to prevent the spread of substances.

Source - Strategic Research Institute

voda 9 februari 2021 06:42

Nippon Steel Sees Steel Demand Recovery in H2 of 2020

Japanese steel maker Nippon Steel Corporation has announced its financial results for the first nine months ended December 31 of the financial year 2020-21. Nippon Steel recorded a net loss of JPY 116.48 billion (USD 1.10 billion), compared to a net loss of JPY 351.56 billion in the same period of the previous year, while the company's net sales amounted to JPY 3.45 trillion decreasing by 22.9% compared to net sales of JPY 4.47 trillion in the first nine months of the previous financial year. Nippon Steel said that higher export prices and recovering demand from automakers and other manufacturers led to a sharp rebound in steel earnings.

The company's quarterly steel output recovered to 8.5 million tonne during October-December 2020 after falling below the January-March 2009 low of 7.7 million tonne during the global financial crisis for two straight quarters because of the impact of Covid-19.

Steel demand rapidly decreased in H1 of FY20 due to COVID-19 impacts, but is recovering beyond expectation in H2 of FY20. Demand from manufacturing sector had been declining since FY2019 mainly in indirect exports, and the decline gathered speed due to COVID-19 impacts in H1 of FY20. It is expected to recover toward the H2 mainly in automotive sector except for shipbuilding sector. Construction stagnation due to COVID-19 impacts is limited. While demand is expected to increase in civil engineering sector, demand in construction sector is expected to decrease in H2.

To cope with collapsing demand amid the COVID-19 pandemic early last year, Nippon Steel temporarily shut six blast furnaces, slashing capacity by 32%, but the recent resumption of three furnaces sent the figure to 13%.

1. Muronra 2BF 2,902 cubic meters, Suspension Jul 8, Refurbishment, restarted Nov 22

2. East Nippon Kashima 1BF 5,370 cubic meters, Banking Apr 15, Restarted Jan 19

3. East Nippon Kashima 3BF 5,370 cubic meters

4. East Nippon Kimitsu 2BF 4,500 cubic meters, Banking Jun 14, Restarted Nov 24

5. East Nippon Kimitsu 4BF 5,555 cubic meters

6. Nagoya 1BF 5,443 cubic meters

7. Nagoya 3BF 4,300 cubic meters

8. Kansai Wakayama 1BF 3,700 cubic meters, Banking Apr 25th, On going, Shutdown at the end of 1H of 2022 Planned

9. Kansai Wakayama 2BF 3,700 cubic meters

10. Setouchi Kure 1BF 2,650 cubic meters

11. Setouchi Kure 2BF 2,080 cubic meters, Banking since Feb 25, 2019, On going, Shutdown at the end of H1 of 2021 Planned

12. Kyushu Yawata 4BF 5,000 cubic meters

13. Kyushu (Kokura) 2BF 2,150 cubic meters, Banking Jul 18th, Shut down in Sep 2020

14. Kyushu Oita 1BF 5,775 cubic meters

15. Kyushu Oita 2BF 5,775 cubic meters

1) 15 BFs 64,270 cubic meters

2) Jul 8 - Nov 22 9 BFs 43,568 cubic meters

3) Jan 19 - 12 BFs 56,340 cubic meters

4) H1 of 2022 11 BFs 53,690 cubic meters

Its annual crude steel output is now estimated at 33.2 million tonnes, up from its earlier plan of 32.7 million tonnes, though the latest figure still represents a 21% drop year on year.

Source - Strategic Research Institute

voda 9 februari 2021 06:43

Hoa Phat Crude Steel Production in January up 67% YoY

In January 2021, Hoa Phat's crude steel production reached the highest level ever with more than 670,000 tonnes, up 67% over the same period. Hoa Phat steel sales including finished construction steel, billet and hot rolled coil totalled 577,000 tonnes. HRC saw the strongest growth, reaching 252,000 tonnes, up 48% compared to December 2020. Finished construction steel recorded output of 186,000 tonnes, up 6% over the same period. In the first month of 2021

Hoa Phat exported 37,000 tonnes of finished construction steel, an increase of 38% compared to January 2020.

In addition, the amount of billet serving the domestic and foreign markets reached nearly 140,000 tonnes, up 40% over the same period.

The operation of the No 4 blast furnace of Hoa Phat Dung Quat Iron and Steel Production Complex in operation in January officially raised the Group's total crude steel output to 8 million tonnes per year. At the same time, monthly crude steel production reached its highest level ever. This is the basis for Hoa Phat to promote the production and supply of HRC for the domestic market.

Source - Strategic Research Institute

voda 9 februari 2021 06:44

Microalgae Based Application for Eco Friendly Steelmaking Process

Danieli announced that conventional steelmaking is a thing of the past. Today’s steelmakers are increasingly implementing resource-efficient and low-carbon technologies to improve the sustainability of their established production processes by reducing both direct and indirect CO2 emissions. In this process of production transformation, new solutions are realized every day. One example is a recent Danieli project carried out in cooperation with ABS, our steelmaking division, based on the production of microalgae for the nutraceutical sector.

The plant is designed in collaboration with a spinoff of the University of Florence and allows both thermal-waste recovery from steelmaking processes and the use of the CO2 by products for chlorophyll photosynthesis. Usually, the thermal energy and carbon emissions are dispersed in the environment and cannot be recuperated efficiently in the industrial ecosystem. Also, microalgae production can reduce emissions and CO2 accumulation more effectively than tree planting.

The pilot plant consists of a series of high-productivity photo bioreactors that the high-quality product that is expected to promote a growing market demand. They take advantage of sunlight during the day and LEDs that emit radiation of the desired wavelength at night.

This eco-friendly solution started up in November 2020. In the next few months Danieli will define the optimal production condition for both Spirulina and other microalgae strains.

Source - Strategic Research Institute

voda 9 februari 2021 06:51

POSCO Announces 2020 Performance

On January 28, POSCO reported its 2020 business performance on a consolidated basis in its regulatory filing. POSCO’s 2020 sales totalled 57.792 trillion KRW. The company’s 2020 operating profit was at 2.403 trillion KRW with a net profit of 1.788 trillion KRW. POSCO’s consolidated operating profit had hit 167.7 billion KRW in 2Q and has been showing consecutive increases since: 666.7 billion KRW in 3Q and 863.4 billion KRW in 4Q.

POSCO announced that in the previous year, the steelmaker had suffered an unprecedented management crisis due to a decline in the steel demand industry triggered by COVID-19 and a delay in reflecting increased raw material prices to product prices. However, despite the situation, POSCO’s profitability rebounded from 3Q as the company took action for pre-emptive emergency management, focusing on cash flow and extreme cost-cutting efforts. POSCO Group also maintained operating profit close to the record of the previous year with achievements of POSCO E&C in the construction & plant business and POSCO Energy’s direct import of LNG and expansion of the terminal-related business.

On a standalone basis, sales amounted to 26.509 trillion KRW, while operating profit and net profit recorded 1.135 trillion KRW and 965.9 billion KRW, respectively.

POSCO also announced its mid-term management strategy and its plan to achieve total sales of 102 trillion KRW in 2023, including 46 trillion KRW in the steel sector, 51 trillion KRW in global infrastructure, and 5 trillion KRW in new growth businesses.

Source - Strategic Research Institute

35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 ... 1755 1756 1757 1758 1759 » | Laatste

Aantal posts per pagina: 20 50 100 | Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met uw e-mailadres en wachtwoord.

Direct naar Forum

Detail

Vertraagd	14 mei 2024 11:19
Koers	24,030
Verschil	+0,080 (+0,33%)
Hoog	24,200
Laag	23,990
Volume	289.697
Volume gemiddeld	2.524.951
Volume gisteren	1.896.278

ArcelorMittal nieuws

02 mei	Beursblik: resultaten ArcelorMittal b...
02 mei	AEX gaat hogere opening tegemoet, ter...	4
02 mei	Meer omzet en hoger resultaat bij Arc...
01 mei	Lagere winst ArcelorMittal verwacht
23 apr	Mondiale staalproductie daalt toch weer
16 apr	Deutsche Bank haalt ArcelorMittal van...
12 apr	Video: cyclische aandelen bieden kansen
09 apr	World Steel Organisation ziet vraag n...
22 mrt	Mondiale staalproductie in de lift
12 mrt	ArcelorMittal neemt groot belang in V...

Meer ››