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 ... 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 ... 1755 1756 1757 1758 1759 » | Laatste

Omlaag ↓

voda 12 augustus 2022 07:09

Dr Tobias Braun to Become New CFO of Benteler Group

Strategic Research Institute
Published on :
12 Aug, 2022, 6:50 am

The Supervisory Board of BENTELER International AG has appointed BENTELER Steel/Tube Managing Director & Chief Financial Officer Dr Tobias Braun as the new CFO of the BENTELER Group. He will assume the position effective 1 September 2022. Drs Braun will also continue in his role as Managing Director & CFO of BENTELER Steel/Tube. After two successful years, Frank Jehle will hand over to his internal successor and leave the company on 31 August 2022.

Dr Braun joined the BENTELER Group in 2018 and since then, as Managing Director and CFO of BENTELER Steel/Tube GmbH, has been responsible for Finance and Controlling, Strategy, Human Resources, Purchasing, Marketing/Communications and Compliance, among others. Previously, the 39 year-old from Munich managed numerous projects in the industrial goods, steel and automotive sectors as a partner of the management consultancy Stern Stewart & Co.

In addition to CEO Mr Ralf Göttel and CFO Dr Tobias Braun, Mr Michael Baur will continue to be responsible for the operational implementation of the ongoing transformation program as the third member of the Executive Board.

voda 12 augustus 2022 07:10

Philippine Iron & Steel Institute Monitoring Inferior Rebars

Strategic Research Institute
Published on :
12 Aug, 2022, 6:52 am

Manila Bulletin reported that the Philippine Iron & Steel Institute has reported that 35 stores were caught selling substandard steel products in 2021. Philippine Iron & Steel Institute conducted test buys in 16 provinces in six regions and discovered that 27 assorted steel reinforcing bars out of 130 that failed quality tests. One retailer in northern Mindanao was cited for violations while a request was sent to the Bureau of Philippine Standards to also issue a notice of violation to another retailer that Philippine Iron & Steel Institute found selling substandard steel.

Philippine Iron & Steel Institute has vowed to keep up its campaign in coordination with the government to protect the public. For this year, Philippine Iron & Steel Institute has conducted test buys in six provinces in four regions and found 10 stores selling substandard steel.

Philippine Iron & Steel Institute President Mr Ronald Magsajo wrote to theBureau of Philippine Standards Director Mr Neil Catajay that “Steel manufacturers would continue to support efforts by government regulators to crack down on manufacturers and sellers of substandard, deformed and re-rolled steel products. The institute remains to be an advocate and industry partner in promoting safety and adherence to Philippine national standards.”

voda 12 augustus 2022 07:16

Turkish Ekinciler Demir ve Celik Joins EUROMETAL

Strategic Research Institute
Published on :
12 Aug, 2022, 6:54 am

European network of Steel Traders, Flat Service Centers and Steel Stockholders EUROMETAL announced that Ekinciler Demir ve Celik has joined as associate member of EUROMETAL. Ekinciler Iron and Steel Industries is the main subsidiary company of Ekinciler Holding. The company has an annual production capacity of 1.25 million tonnes. All types of construction steel are manufactured by a highly skilled workforce in the production plant, which is empowered with the state of the art technologies. EKDEMIR exports products to more than 60 countries all over the world.

The foundations of Ekinciler Holding were laid in the 1960s. Mr Ali Ekinci, who was continuing his trade activities in those years, saw how important iron and steel production was for the national development movement and turned to industrialism. Rolling mill activities started in Karabük in the 1970s, and in the same period, breakthroughs were made in the fields of foreign trade and international transportation. As a result of this rapid growth, Ekinciler Holding was established in 1986. Ekinciler made its main breakthrough when his eldest son Mr Orhan Ekinci took over the company. Mr Orhan Ekinci, following the path opened by Ali Ekinci, became the architect of the company's growth move.

voda 12 augustus 2022 07:16

E United Group Aims to Merge Tang Eng Iron Works

Strategic Research Institute
Published on :
12 Aug, 2022, 6:56 am

Taiwan's E United Group is aiming to integrate Taiwan’s stainless steel industry to stand out in the international stainless steel market. While the proposal in 2009 to merge Tang Eng Iron Works failed on a government audit with the reason of market monopoly, E United Group raised the topic again on 29 July with a proposal to related authorities stating that the international stainless steel market has been very difficult for Taiwan stainless mills to work alone when major mills abroad merge bigger and bigger to enforce the strength in the international stainless steel market. If government authority approves the merge, E United Group will gather the shares of Tang Eng Iron Works from the local shares market, aiming a 50% up shares to operate the company.

E United Group currently has about 31% stock share of Tang Eng Iron Works. China Steel Corporation and government-related parties hold around 53% shares of Tang Eng Iron Works.

Tang Eng Iron Works separately said “Without prior knowledge of the Company, E United Group subsidiaries Yieh United & Yieh Phui have submitted an application to the Fair Trade Commission for business combination with Tang Eng Iron works. If the application is approved by the Fair Trade Commission, the aforesaid companies will directly or indirectly acquire more than one-third or more than 50% of the equity of Tang Eng Iron works through public acquisition or other means.”

voda 12 augustus 2022 07:17

EU & Turkey Agrees on January Deadline for Steel Safeguards

Strategic Research Institute
Published on :
12 Aug, 2022, 7:00 am

Reuters reported that the World Trade Organization has announced that European Union and Turkey have agreed the European Union has until 16 January 2023 to comply with a World Trade Organization ruling regarding its safeguard measures designed to curb steel imports.

The EU introduced “safeguard” measures in July 2018 in the form of tariff-rate quotas. They allow various grades of steel to come into the bloc free of tariffs up to certain quotas, but any further imports face 25% tariffs. Turkey, which is a major steel exporter to the EU, complained that the EU’s measures breached the bloc’s commitments to the WTO. A WTO panel in April accepted Turkey’s view that the European Commission had failed to show that steel imports rose because of unforeseen developments and that the EU industry was threatened with serious injury.

Under WTO rules, members are allowed to impose safeguards under specific conditions, including that imports have risen to the point where they are damaging domestic industry and that this should be the result of unforeseen developments.

voda 12 augustus 2022 07:17

USW Seek Action to Protect Steel Workers at Evraz Regina & Calgary

Strategic Research Institute
Published on :
12 Aug, 2022, 7:02 am

United Steelworkers union members working at Evraz operations in Regina and Calgary learned of the corporation’s intent to sell the company’s North American operations. The USW is reaching out to the federal government to ensure workers are included in any review of the potential sale and are supported to continue making the quality product they do. The USW will also reach out to provincial governments in Alberta and Saskatchewan to ensure continued support of members and the industry.

USW Director for Western Canada Mr Scott Lunny said “Given ongoing global events and Russia’s continued aggression in Ukraine, the union has anticipated this potential development. While the USW is in favour of Canada’s actions to support Ukraine, Canadian workers, like those at Evraz, should not have to shoulder the burden of these actions alone.”

USW Local 6673 President Stacy Hanley added “This potential sale creates a great deal of uncertainty for our members at these operations. We are confident in our members’ work to produce world-class steel with lower emissions than our global competitors.”

USW Local 5890 President Mr Mike Day said “We know our jobs, and the product we make is vital to Canada’s infrastructure needs, and we will work to ensure they remain operating. Replacing our work with offshore steel is simply not an option for workers and would set back Canada’s efforts to transition to a green economy.”

voda 12 augustus 2022 07:18

OYAK Mining Metallurgy Doubles Net Profit in H1 of 2022

Strategic Research Institute
Published on :
12 Aug, 2022, 7:04 am

Turkish integrated steelmaker OYAK Mining & Metallurgy Group has announced a net profit of TRY 12.75 billion (USD 860 million) for the first half of 2022, compared to a net profit of TRY 6.05 billion in H1 of 2021, while the sales revenues amounted to TRY 63.8 billion (USD 4.3 billion), up by 157% YoY. The company's operating income in the first half amounted to TRY 18.9 billion (USD 1.27 billion), compared to an operating income of TRY 8.61 billion in the first half of the previous year.

OYAK Mining & Metallurgy Group produced 4.1 million tonnes of crude steel, down by 9% YoY, including 1.49 million tonne produced at the Eregli works, falling by 12% percent and 2.61 million tonnes at the Iskenderun works, falling by 7% YoY.

The flat steel output of OYAK Mining and Metallurgy Group increased by 1% YoY to 3.78 million tonnes, while the company's long steel output amounted to 479,000 tonnes, increasing by 19% YoY. The flat steel sales volumes of the company went down by 4% YoY to 3.48 million tonnes, while its long steel sales volumes rose by 21% YoY to 459,000 tonnes.

Group exported a total of 563,000 tonnes of finished products, including 527,000 tonnes of flat products and 36,000 tonnes of long products. This amount accounts for 14% of total sales. It has exported to 34 countries in flat products and 7 countries in long products.

voda 12 augustus 2022 07:18

European Ferroalloy Producers Hit by High Energy Prices

Strategic Research Institute
Published on :
12 Aug, 2022, 7:06 am

Argus Media reported that European ferroalloy industry association Euroalliages have urged European authorities for financial support to ferroalloy producers that are struggling to survive the continent's acute energy crisis & members of Euroalliages held meetings with director generals of the European Commission late last month to request electricity price caps and subsidies for electricity costs, and to convey the severity of the metallurgical industry's position.

Euroalliages General Secretary Ms Ines Vanlierde told Argus “We are terribly impacted by the level of energy prices, if they keep climbing, we won't be able to compete. This is probably the worst crisis we ever went through, because what I hear from Euroalliages members is that when they knock on their national authority's door. They sympathise and understand, but basically they are not doing a lot or nothing at all for the time being. We are extremely frustrated."

Ms Ines Vanlierde said “The absence of a long-term unified response is not sustainable. The problem is that policy between the member states is not harmonized. The lack of consistency creates an imbalance within the single market.”

She added “Some Euroalliages members have already idled operations, so we are running through a process where at this level of electricity price we cannot produce, and of course we cannot compete.”

She also said “We have heard from high-level European officials, that the situation will not fundamentally improve until the end of next year, or early 2024, a statement which raises serious concerns regarding the future of electro-intensive industries in Europe and the implementation of green European ambitions as imports from high-carbon sources keep growing.”

voda 12 augustus 2022 07:19

Dillinger Positioned Well to Supply Plates for Offshore Wind

Strategic Research Institute
Published on :
12 Aug, 2022, 7:09 am

High quality super heavy plate maker German Dillinger Hüttenwerke is a major player in the energy transition. For the expansion of wind power capacities at sea, global energy companies rely on quality steels and the reliable supplies from Dillinger. The plates are also used, for example, in France's first offshore wind farm, which is being built off the Atlantic coast. The offshore wind farm in Saint-Nazaire, with a total capacity of 480 MW, will produce 20% of the electricity consumed in the Loire-Atlantique region. It is being built with steel from Dillinger. The heavy plate specialist has supplied around 80,000 tonnes of steel for the construction of the monopiles for the 80 wind turbines.

The heavy plate specialist is well equipped to meet these special customer requirements: It has invested around EUR 700 million in recent years in setting up production facilities for the segment. Since 2016 Dillinger has been able to supply slabs with the world's highest weight per meter in the 600mm format with its CC6 continuous caster, a line with an investment value of over EUR 400 million. The rolling mill at Dillinger is also designed to break records. With a width of 5.2 meters, it is the widest in Europe. The unique architecture of the rolling mill also enables high-performance thermo mechanical rolling, which gives the steel specific material properties.

With the interests of its customers always in mind, Dillinger continues to invest in the competitive technological edge of its plants. Projects currently being implemented include the modernization of pusher furnace 2 in the rolling mill to increase capacity and investment in a new edge milling machine. Additional forward-looking investments for the offshore wind market are being planned and implemented. As a result, capacities for heavy plate for wind offshore foundations will be significantly expanded in coming years to enable the company to serve this growth market comprehensively.

Wind farms are playing an essential role in the decarbonization of energy supply in Europe. For example, Germany is targeting a total offshore capacity of at least 30 gigawatt by 2030, with a further 40 GW to be added by 2045. The demands placed on the plate used in offshore wind farms are high and are growing along with the increasing efficiency of the turbines

Aktien-Gesellschaft der Dillinger Hüttenwerke, founded in 1685, is a world leader today in the manufacture of high-grade heavy plate steel. The Dillinger Group employs a total of around 6,200 people. High-tech plate from Dillinger is used to realize extraordinary and technically advanced projects all over the globe in the steel construction, engineering, offshore, offshore wind power, and line pipe and boiler construction sectors, as well as many others.

voda 12 augustus 2022 07:20

Belarus to Nationalize Tin Plate Producer Miory Steel

Strategic Research Institute
Published on :
12 Aug, 2022, 7:11 am

Interfax Russia reported that Belarus’s tin plate producer Miory Steel, set up seven years ago by private Belarusian investors, is now a state-owned enterprise. Belarusian President Mr Alexander Lukashenko said “Miory Steel is now a state enterprise, the state is taking on all the debt the enterprise has accrued. The state has invested a lot of money. We had to buy your debts.”

Mr Lukashenko accused the former owners of the plant of theft. He said “The former owners of the plant stole a lot of money from the enterprise back at the construction stage. Where is that money? This is the biggest question for those who have been remanded in custody.”

Mr Lukashenko also demanded that bankruptcy proceedings at the plant be terminated and a director appointed. He said “We are convinced that all this is necessary. And what we have begun to do is extremely necessary. This is import substitution, and we can consume at least 35,000 tonnes inside Belarus.”

The authorities have given plant the objective of achieving full capacity to produce 150,000 tonnes of tin plate per year by 2024. Production should rise to 9,000 tonnes per month or 108,000 tonnes in annual terms from November this year. The Belarus market is estimated at 30,000-35,000 tonnes, all of which used to be imported. The plant was built with the European market in mind, but the tin plate that it produces has been added to the list of sanctioned goods and it has had to redirect supplies to the Russian market and Kazakhstan. Plant plans to supply 100,000-110,000 tonnes of tin plate to Russia per year. The Miory plant also plans to export tin plate to African and Central Asian markets.

The Vitebsk Region Economic Court opened bankruptcy proceedings against Miory Steel in May 2022 following a petition by Belarusbank, which began financing the construction of the enterprise for the production of tinplate in 2015. The court granted a stay on bankruptcy until 13 July 2022 to check whether there are grounds for receivership and appointed an interim manager. the plant's executives, including General Director Mr Pyotr Shimukovich, his deputy for economics and finance Mr Dmitry Slavnikov and chairman of the board of directors Mr Alexei Kovalenko, were arrested in June last year. The reasons for their detention have not been officially reported.

Miory plant was commissioned at the end of 2020. The investor was the Austrian-registered MMPZ GmbH, owned by Belarusian entrepreneurs. Some EUR 400 million euros were invested in the plant. The plant is capable of producing 150,000 tonnes of tin plant with thickness of 0.1-0.5 mm per year for the food canning industry, production of aerosol cans and packaging for paintwork materials and petrochemical products. The second stage of the plant will increase its capacity to 240,000 tonnes.

voda 12 augustus 2022 07:20

Salzgitter Delivers Outstanding Profit for H1 of 2022

Strategic Research Institute
Published on :
12 Aug, 2022, 7:13 am

German Salzgitter Group has delivered the highest operating result for a first half-year in the company’s history in H1 of 2022. Rolled steel product prices meanwhile running at a record level sent profit up by leaps and bounds for the Steel Production, Steel Processing and Trading business units that were the key drivers behind the exceptional earnings trend in the period under review. The Technology business unit, along with the industrial participations, however, also contributed positive results.

The Salzgitter Group’s external sales saw price-induced growth of 50% to EUR 6.637 billion, EBITDA) increased to EUR 1.139 billion, while the pre-tax result even more than trebled to EUR 971 million. This figure includes a contribution of EUR 84 million from the participating investment in Aurubis AG accounted for using the equity method. After-tax profit of EUR 781 million surged by 238% YoY

Salzgitter AG’s Chief Executive Officer Mr Gunnar Groebler said “The course of the year to date has proved to be exceptional for several reasons. On the one hand, we are reporting by far the best operating result for a half-year in the history of Salzgitter AG while, on the other, Salzgitter AG’s Supervisory Board has approved funds of more than EUR 700 million for the first development stage of the SALCOS program, thereby marking the largest investment since the company’s listing in 1998. Thanks to this ground-breaking decision, we will be able to place the first contracts with plant engineers as early as the third quarter of this year. This serves once more to underscore our pioneering role and our ambitions in the field of low carbon steel production. We want to be delivering the first volumes produced via the SALCOS route to our customers even toward the end of 2025. Full transition of the integrated steelworks in Salzgitter to low carbon crude steel production is to have been completed by 2033. This transition would put us in a position to save up to 95 % of the carbon emissions of around 8 million tons produced every year, which approximates to 1 % of Germany’s carbon emissions.”

Salzgitter said “As a result of steel prices consolidating as from the second quarter, we expect the above-average margins to narrow as the year progresses. While also factoring in the geopolitical situation, we therefore continue to anticipate the following for the Salzgitter Group in the financial year 2022

Sales in the region of EUR 13 billion

EBITDA of EUR 1.4-1.6 billion,

EBT of EUR 1.0-1.2 billion”

voda 12 augustus 2022 07:21

Ruukki to Invest in PIR Sandwich Panel Production in Sweden

Strategic Research Institute
Published on :
12 Aug, 2022, 7:15 am

Swedish steel maker SSAB’s Ruukki Construction is to invest EUR 15 million in sandwich panel production in Borlänge in Sweden. The new production line will be the first in Scandinavia to produce PIR sandwich panels tailored to the needs of Nordic customers. The investment includes the production equipment and technology as well as the modernization of an existing facility located on SSAB’s site. The project will commence in Q3 of 2022, and the first customer deliveries are expected to take place during Q3 of 2024.

Ruukki offers its customers sustainable solutions for wall and roof structures. The new production line to be built in Borlänge, Sweden will strengthen Ruukki's ability to serve customers locally in the Nordics by providing them with a dedicated product portfolio. The change will also support Ruukki's sustainability strategy by bringing production closer to customers. Shorter transport will improve the competitiveness of products and at the same time reduce carbon dioxide emissions.

Ruukki’s extensive range of sandwich panels with either a PIR (polyisocyanurate) or mineral wool core ensure a durable, airtight and energy-efficient envelope for all types of buildings. Sandwich panels are used in the external and internal walls and ceilings of warehouses, logistics centers, production plants, offices and shopping centres. PIR sandwich panels are especially suitable for cold storage, food and logistics halls and warehouses. Ruukki currently manufactures PIR sandwich panels in Oborniki in Poland and mineral wool sandwich panels in Alajärvi in Finland and in Oborniki in Poland.

voda 12 augustus 2022 07:22

Korea Fair Trade Commission Fines 11 Firms for Rebar Price Fixing

Strategic Research Institute
Published on :
12 Aug, 2022, 7:18 am

Korea Joongang Daily reported that South Korea's Fair Trade Commission has decided to impose a combined fine of KRW 257 billion (USD 198 million) on 11 other firms for fixing rebar prices. According to the Fair Trade Commission, Hyundai Steel, Dongkuk Steel & nine others colluded to fix their quotations between 2012 and 2018 to bid on rebar contracts put forward by the state procurement agency and the price collusion helped them post a combined revenue of KRW 5.5 trillion won during the cited period.

Hyundai Steel - KRW 87 billion

Dongkuk Steel – RW 46 billion

Fair Trade Commission has also decided to ask the prosecution to investigate seven steelmakers and nine of their former and existing officials over the collusion.

Fair Trade Commission said it will closely monitor possible price-fixing practices in the raw materials and intermediary goods market, and take stern actions against anti-competition activities.

Fair Trade Commission had imposed a combined KRW 233 million in fines in January 2022 on Dongbang and two other firms for colluding to fix bidding prices over the transport of steel plates between 2016 and 2018 for bids on thick plates by the country's largest steelmaker POSCO. Prior to the bidding, the companies colluded to divide the sections over which they will transport the plates and fix the bidding prices. The move helped them log a combined KRW 5.4 billion in revenue.

In January 2021, Fair Trade Commission had imposed a combined KRW 300 billion (USD 272 million) on 7 firms fine for scrap purchase price fixing from 2010 to 2018.

Hyundai Steel – KRW 91 billion

Dongkuk Steel - KRW 50 billion

KISCO – KRW 50 billion

YK Steel – KRW 43 billion

Daehan Steel – KRW 35 billion

Hankuk Steel – KRW 31 billion

Korea Steel Shapes – KRW 638 million

voda 15 augustus 2022 07:00

ZISCO & Kuvimba Sign Management Contract for Revival

Strategic Research Institute
Published on :
15 Aug, 2022, 5:12 am

The Herald reported that the Zimbabwe Iron and Steel & Company has signed a management contract with Kuvimba Mining House. Zimbabwe’s Industry & Commerce Minister Dr Sekai Nzenza told “The formal agreement has been concluded and it is for a management contract; no shares are exchanging hands. It will pave the way for formal negotiations for a potential partnership between Kuvimba and German SMS, identified to provide technical and financial support in a partnership that would help the revival of Zisco. I am confident. We have the raw materials and SMS has the technology, expertise and the capacity to train Zimbabweans to produce steel for local consumption and export. The President has given my ministry a mandate to revive Ziscosteel and produce steel locally and reduce the import bill.”

A delegation from SMS, led by the group's managing board member, Mr Michael Rzepczyk were in the country last month and met President Mnangagwa. Mr Rzepczyk said his company was determined to make a success story of ZISCO. Another delegation is expected soon. He had said “We want to be a partner of Kuvimba and finally Zisco to bring the plant back into operation and to feed your market here and export markets and make a success story with steel here in the country.”

Zimbabwe Government, through the Industry Ministry, owns 92% shareholding in ZISCO. Other shareholders in ZISCO are Louth Minerals 3%, Tonexin Investments 2.8%, Stewarts& Llyds 1.76%, Franconian Investments 0.81%, Amzim Limited 0.75% and Zimbabwe Investment Copper 0.13%. Kuvimba, on the other hand, is 60% owned by the Government through various state vehicles while the other 40% is owned by a private investor.

Zisco started operations in Bulawayo in 1938 after being formed by a private consortium. In 1942, the colonial government formed the Rhodesia Iron & Steel Commission, statutory body which took over the steel works. Four years later, a small plant was constructed in Redcliff and commenced operations in 1948. Zisco gradually expanded and in 1975, the Rhodesia Iron & Steel Company was formed followed by a series of expansion programmes, which saw the commissioning of modern blast furnaces and installation of the first coke oven battery. The expansion programme continued until 1975 when another blast furnace was commissioned, bringing steel works capacity to one million tonnes of liquid iron per year.

voda 15 augustus 2022 07:01

Jindal Stainless Has Not Inked Pact for Hydrogen Plant'

Strategic Research Institute
Published on :
15 Aug, 2022, 5:14 am

Jindal Stainless has informed that it has not entered into any partnership to install green hydrogen plant as mentioned in few media reports. Jindal Stainless gave clarification on media report titled “Jindal Steel to set up green hydrogen plant” by informing that it has not entered into any partnership to install green hydrogen plant as mentioned in few media reports. It said “Jindal Stainless (Hisar) on 10 August 2022 had informed to the Stock Exchanges about entering into partnership with Hygenco India Private Limited to install a Green Hydrogen Plant. The mentioned media reports seem to be based on the said press release made by Jindal Stainless (Hisar).”

Jindal Stainless (Hisar) had informed BST on 10 August that Jindal Stainless (Hisar) Ltd has partnered with Hygenco India Private Limited to install a Green Hydrogen Plant. Jindal Stainless (Hisar) had said “This Green Hydrogen Plant will enable the Company to considerably reduce its CO2 emissions by nearly 2700 tonnes per annum. With this development, the Company is set to become the first stainless steel Company in India to install a Green Hydrogen Plant.”

voda 15 augustus 2022 07:03

Kocaer Celik Reports Outstanding Results for H1 of 2022

Strategic Research Institute
Published on :
15 Aug, 2022, 5:16 am

Turkish steel processor Kocaer Celik has achieved net profit of TRY 322.9 million (USD 18 million) in H1 of 2022 up by 200% YoY as compared to a net profit of TRY 107.8 million in the same period last year. The company registered an operating profit of TRY 890.83 million (USD 50 million) in the first of half this year, up by 52% YoY. Kocaer Celik’s sales revenues increased by 77% YoY to TRY 4.32 billion (USD 241 million). Meanwhile, the company's EBITDA in the first half increased by 220% YoY to TRY 926 million (USD 52 million), while its EBITDA margin was 21%. Kocaer Celik’s product sales volume amounted to 278,758 tonnes in the first half, up by 10% YoY

Kocaer Çelik Chairman Mr Hakan Kocaer said that “Despite the global fluctuations in the iron and steel industry, they achieved the targets they had set during the public offering process in the first half of the year. Thanks to the support provided by our value-added products, we achieved more net sales revenue in the first six months of this year than in the whole of 2021. We aim to further increase our global competitiveness and exports by investing in value-added products in our A2 Factory at the end of 2022 and in our A1 Factory in the middle of 2023 in order to increase the sales volume of our products with high added value.”

Turkey’s Izmir region-based Kocaer Çelik has annual capacity of 800,000 tonnes of steel, serving many sectors such as; energy, transportation, mining and tunnel, ship building, agriculture and constructional sectors by supplying customer-oriented steel products equal angles, U and C profiles, I and H beams, round and deformed bars, mining and tunnelling profiles and fittings, square bars, flat bars. It has 4 factories

A1 Production Facility – 300,000 tonnes

A2 Production Facility – 300,000 tonnes

A3 Production Facility – 200,000 tonnes

Galvanization Factory – 100,000 tonnes

Kocaer Çelik is leading producer of merchant bars, channels, beams & special profiles

Kocaer Çelik has covered the roofs of its production facilities in Izmir with solar energy system and that they signed a technical consultancy contract for wind energy investments. It produces 33% of the energy currently being consumed from renewable sources in own facilities. When ongoing investments are completed, Kocaer Çelik will increase current 13 million KwH installed power to 30 million KwH and will be producing approximately 66% of the energy requirements.

voda 15 augustus 2022 07:03

USW 2251 Workers to Vote on Algoma Steel’s Last Offer

Strategic Research Institute
Published on :
15 Aug, 2022, 5:19 am

Sault Ste Marie Ontario based Canadian steel maker Algoma Steel announced that United Steelworkers Local 2251 have agreed to take the Company’s last offer to a vote by employees in the affected bargaining unit. Operations will continue in the ordinary course during the voting process, and the Union has agreed to provide advance notice to the Company to allow for a safe and orderly shutdown of operations in the event the Union instructs employees to go on strike.

Algoma President & Chief Executive Officer Mr Michael Garcia said “We respect the collective bargaining process and are pleased that our employees will have their say on a matter of such critical importance to their livelihoods, the lives of their families, and fellow community members. The Company has offered a non-concessionary, top-of-market wage and benefit package which includes a 5.5% wage increase, continuation of COLA, significant improvements in pensions and benefits for employees, and enhanced retiree benefits over a four-year term that delivers the stability needed to ensure a successful transition to electric arc steelmaking. A signing bonus is also included contingent upon no disruption to operations and uninterrupted shipments to our customers. If ratified, this agreement will help to secure our collective future, provide for sustained profitability even at the bottom of the steel cycle, and allow us to maintain the phenomenal momentum we have generated together since emerging from CCAA.”

Algoma Steel had earlier submitted its best and final Collective Bargaining Agreement offer to the Negotiating Committee of USW 2251 which had refused the offer and was unwilling to bring the offer to employee members for a vote. Algoma believes its offer to 2251 provides a compensation package that is superior to many of the Company’s peers in the industry, and includes numerous health and wellness benefit enhancements and protections offered by the Company in an effort to reach an agreement. Algoma’s offer contains improvements to the CBA including wage and cost of living increases totaling at least 12.6% over 3 years plus increased afternoon, night and Sunday shift premiums.

voda 15 augustus 2022 07:04

Yukselen Celik Reports YoY Surge in Performance in H1 of 2022

Strategic Research Institute
Published on :
15 Aug, 2022, 5:21 am

Turkish steel processor & distributor Yukselen Celik has achieved a net profit of TRY 118.9 million (USD 6.6 million) in H1 of 2022 as compared to a net profit of TRY 31.71 million in the first half of the previous year. The company registered an operating profit of TRY 193.0 million ($USD 10.7 million) in the first of half this year, up by 282% YoY. Yukselen Celik’s sales revenues increased by 218% YoY to TRY 761.9 million (USD 42.4 million) in the first half, while its EBITDA rose by 4.1 times year on year to TRY 191.3 million (USD 10.6 million). Company’s export revenues increased from TRY 2.5 million to TRY 59 million (USD 3.3 million), while the share of its export revenues in its total sales revenues exceeded7%

Yukselen Celik forecasts that its net profit will decrease in the second half of this year due to the increase in loan rates. Yukselen Celik said “Sales may decline due to the downward trend in steel and commodity prices. The additional adverse macroeconomic impacts may cause a decrease in sales revenues.”

Yükselen Çelik was founded in 1976 by the Gokturk family, which has been operating in the iron and steel industry since 1954. Yükselen Çelik is market leader in Forged Steel, Tool Steels, Steel Flats and Steel Sheets and operates with a total indoor area of 20,000 square meters. It has an annual steel processing capacity of 100,000 tonnes with 40 steel processing and cutting machines. Yükselen Çelik serves the Turkish Industry with its service centers Istanbul Europe at Esenyurt, Istanbul Anadolu at Dudullu and Aegean Region at Izmir.

voda 15 augustus 2022 07:05

POSCO Vietnam Launches PosMAC Tree Guard in Vietnam

Strategic Research Institute
Published on :
15 Aug, 2022, 5:23 am

POSCO Vietnam is taking the lead in eco-friendly low-carbon management with INNOVILT products, the eco-friendly steel products for construction. POSCO Vietnam donated the PosMAC Barrier, an INNOVILT certified product, to the local government of Pumi on 21 July and installed at a tree in Vietnam Veterans Memorial Park. PosMAC Barrier is a roadside tree guard made of PosMAC, highly corrosion-resistant steel, that continuously supplies air and moisture to the soil and prevents plant roots from uplifting which can destroy sidewalk blocks. In other words, it stores rainwater and retains moisture in the soil to help the roots grow well.

The average annual precipitation in Vietnam is 1500~2000mm, which is higher than the average annual precipitation of 1200mm in Korea last year, but there are distinct dry and rainy seasons. In the rainy season, 80-90% of the annual precipitation is concentrated, but in the dry season, it is too dry that the ground is even cracked. Also, due to the high temperature, there is inevitably less moisture in the soil and plants. In particular, the soil organic matter is rapidly decomposed in the center of the city due to high temperature so the organic matter in the soil is far insufficient.

In Vietnam, due to the poor soil, the growth condition of trees is not good. Also, the destruction of urban infrastructure can be seen everywhere due to severe root uplift. PosMAC Barrier was an essential product for roadside trees in Vietnam as it can store rainwater as a water supply block to keep the soil moist and help the roots grow well. In addition, it was the most suitable product for the current situation as it provides an optimal growth environment for roadside trees and prevents urban heat island.

The upper body of the product exposed to the outside is PosMAC, high-strength, high-corrosion-resistant steel of POSCO and covered in detail about the water tank for collecting rainwater, the EPP filter that guards off foreign body, and the pipe that supplies stored water to the soil and the roots.

Phú M? Tân Thành Bà R?a Vung Tàu based POSCO Vietnam is is a Cold Rolling Mill Complex with pickling, cold-rolling, electrolytic cleaning and annealing plants to produce 1.2 million tonnes CR per year, 700,000 tonnes CRCA & 500,000 tonnes CRFH.

voda 15 augustus 2022 07:05

POSCO International & POSCO Energy to Merge by 2022 End

Strategic Research Institute
Published on :
15 Aug, 2022, 5:25 am

South Korean steel giant POSCO Holdings trading arm POSCO International will push to merge with an energy affiliate as it seeks to expand its business portfolio into renewable and other green energy sectors. POSCO International's board earlier approved the plan and it will be put to a vote at a shareholders meeting on 4 November and the process will be completed by 1 January 2023. The merger will be carried out with 1:1.626920 ratios by transferring 46.7 million new shares that POSCO International will issue to POSCO Holdings. The newly issued shares will be listed on the main bourse on 20 January 2023. When the merger is completed, POSCO Holdings' controlling stake in POSCO International will be raised to 70.7% from the current 62%.

POSCO International, formerly Daewoo International, has mainly engaged in the mining and trading of natural resources, like steel, and other commodities around the world. It has been ramping up the transition to eco-friendly sectors in recent years, such as liquefied natural gas based low-carbon energy, and electric and hydrogen vehicles in an industry wide trend toward green, bio and electrification.

POSCO Energy is a major privately-owned LNG provider and has been bolstering its portfolio in renewable energy, like solar panels and wind power, as well as expanding its overseas foothold into countries like Indonesia.

35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 ... 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	26 apr 2024 17:08
Koers	23,730
Verschil	+0,190 (+0,81%)
Hoog	24,080
Laag	23,730
Volume	1.620.078
Volume gemiddeld	2.481.401
Volume gisteren	2.802.569

ArcelorMittal nieuws

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...
05 mrt	Beursblik: experts vinden koerswinst ...
23 feb	Mondiale staalproductie daalt opnieuw
08 feb	ING: ArcelorMittal doet het beter dan...
08 feb	Fors verlies voor ArcelorMittal

Meer ››