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ARCELOR MITTAL JULI 2015

1.894 Posts, Pagina: « 1 2 3 4 5 6 ... 13 14 15 16 17 18 19 20 21 22 23 ... 91 92 93 94 95 » | Laatste
boxer2
0
quote:

mimatie schreef op 7 juli 2015 16:27:

Gaan we met Mittal vanmiddag naar de -10%?
Is er specifiek iemand waar je dat aan vraagt, of mag ik ook een antwoord geven?
voda
0
ArcelorMittal USA CEO warns a hot strip mill could close

Published on Tue, 07 Jul 2015 178 times viewed

The Times reported that one of the Calumet Region's largest employers is warning that it doesn't make sense to keep so many hot strip mills open at a time when they're so under-used.

ArcelorMittal USA Flat Carbon CEO Mr Andy Harshaw recently blogged the steelmaker must find ways to increase capacity utilization without decreasing total production or market share, which could have ramifications for local employment.

He wrote in a blog "Record levels of steel imports — up 70 percent for flat carbon products alone since 2013 — have consumed typical market demand that domestic steelmakers like ArcelorMittal would normally serve. As a result of this and other market forces, many of our key assets are running at relatively low capacity utilization levels, and they have been for quite some time."

Mr Harshaw said for instance ArcelorMittal's hot strip mills are only operating at 70 percent capacity. He wrote “The steelmaker has to pay operations and maintenance costs for the hot strip mills, even when they aren't making steel about 30 percent of the time. Each of the companies' four largest HSMs in the US requires an average of USD 39 million per year in repair and maintenance just to keep them operating. It is not sustainable to operate multiple HSMs at low utilization rates when the same volume of steel could be produced by fewer HSMs at higher utilization rates. Why run five HSMs at 70 percent when you can finish the same tonnage running four HSMs at 90 percent capacity? Consolidating the HSMs and running at higher utilization rates also leads to more efficient use of repair and maintenance dollars, allowing us to invest more in the remaining assets. The same logic would apply to other operations as well, from the hot end to finishing."

Mr Harshaw said “ArcelorMittal must look at selling off some assets and investing in others, in order to keep its most strategic facilities running as close to 100 percent utilization as possible. The company hopes to lower operating costs at a time when market conditions are so weak. Clearly, we face formidable challenges with difficult choices ahead. It's no secret that ArcelorMittal USA's financial performance has been poor. Fixed costs — including wages, medical costs and post-retirement expenses — are significant and don’t fluctuate with the ebb and flow of steel consumption or market prices for the products we produce. These costs are increasing each year while our average steel selling prices have declined dramatically due to imports and capacity utilization rests at historically low levels."

He wrote "Companies that adapt to changing conditions will survive; those who refuse to change will continue to fill the coffers of the bankruptcy lawyers.”

The Luxembourg-based steelmaker, which has US headquarters in Chicago, operates a hot strip mill in Riverdale just across the state line, an 80-inch hot strip mill in Burns Harbor and 80-inch and 84-inch hot strip mills at ArcelorMittal Indiana Harbor in East Chicago. ArcelorMittal also has a 84-inch hot strip mill at its steel mill in Cleveland.

The multinational steelmaker estimates its US operations have lost an average of USD 293.8 million a year over the last five years and that it spends more than USD 1 billion a year in overall repair and maintenance costs in the United States every year.

Source : The NW Times
ttroo
0
Het is nu toch wel een heel andere tijd, dan die tijd dat de bomen richting de hemel groeiden. Of de tijd, dat Griekenland standaard op tijd zijn geld van de Eurozone/EU/IMF. Waarom is die tijd gestopt? Iedereen was happy!
voda
0
quote:

deflationist schreef op 7 juli 2015 16:47:

Het begint stil te worden.
Ik werk mij te pletter hier hoor!
voda
0
Behoorlijk volume! Tussenstandje.

Fonds: aand. ArcelorMittal
Beurs: Euronext Amsterdam

Laatste 7,918 500 16:49:37
Verschil -0,51 -6,0624 %
Bied 7,915 13.688 16:49:39
Laat 7,92 15.530 16:49:39
Hoogste 8,39 09:00:02
Laagste 7,902 16:45:04
Cum. volume --- 17.158.511 16:49:37
Indicatieve opening ---
Open 8,383 09:00:01
Vorig slot 8,429 06-07-2015
Gemiddelde dagomzet --- 11.790.514
boxer2
0
Je zal het nog wel beleven. De kattenpult is aangespannen en ............hup daar gaan we !!!!!!!
g.raaier
0
T is een slagveld en niet alleen op aandelengebied. Zilver op -5% ,Palladium op -5%, goud 1,5%... Crash
mvliex 1
0
quote:

voda schreef op 7 juli 2015 16:49:

[...]
Ik werk mij te pletter hier hoor!
Hier ook, koopjesjacht!
;-))
#forreal
0
quote:

voda schreef op 7 juli 2015 16:50:

Behoorlijk volume! Tussenstandje.

Fonds: aand. ArcelorMittal
Beurs: Euronext Amsterdam

Laatste 7,918 500 16:49:37
Verschil -0,51 -6,0624 %
Bied 7,915 13.688 16:49:39
Laat 7,92 15.530 16:49:39
Hoogste 8,39 09:00:02
Laagste 7,902 16:45:04
Cum. volume --- 17.158.511 16:49:37
Indicatieve opening ---
Open 8,383 09:00:01
Vorig slot 8,429 06-07-2015
Gemiddelde dagomzet --- 11.790.514

Ik kreeg de indruk dat er iemand zwaar aan het coveren was rond €7,90,- aantallen en koers liep rap op
mvliex 1
0
MT ArcelorMittal SA ... 8.61 -0.61 -6.62% 14.57B

TX Ternium SA (ADR) 16.08 -0.92 -5.41% 3.22B

PKX POSCO (ADR) 47.96 -1.30 -2.64% 16.63B

VALE Vale SA (ADR) 5.22 -0.39 -6.86% 25.89B

GGB Gerdau SA (ADR) 2.11 -0.06 -2.55% 3.43B

CLF Cliffs Natural Re... 3.18 -0.37 -10.28% 490.96M

www.google.com/finance?q=NYSE%3AMT&am...
Dicall69
0
quote:

snuf13 schreef op 7 juli 2015 17:10:

Lekker kopen hoppa..........
Door naar de 7
Laatst ING met ruim 200 % winst verkocht en nu Arcelor Mittal verdubbeld op € 7,90 nu gemiddeld aankoop op € 8,21, heb nog voldoende middelen om eventueel bij te kopen richting de € 7,-, maar voorkeur blijft een koers nu boven de € 7,50 !!!
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Vertraagd 16 mei 2024 17:35
Koers 24,340
Verschil +0,460 (+1,93%)
Hoog 24,420
Laag 23,620
Volume 3.937.932
Volume gemiddeld 2.557.654
Volume gisteren 2.345.565

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