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Arcelor Mittal juni 2018

973 Posts, Pagina: « 1 2 3 4 5 6 ... 30 31 32 33 34 35 36 37 38 39 40 ... 45 46 47 48 49 » | Laatste
Crooswijk
0
quote:

nieneute schreef op 25 juni 2018 17:36:

damn mijn laatste kooporder op 26 is er nét niet door gegaan :-( enkele seconden te laat
Jammer voor jou, maar ik heb hem op koop 26.00 en gekregen op 25,98. In gezet om 17:25
[verwijderd]
0
hoop toch echt dat we morgen wel weer iets omhoog zullen gaan richting € 26.50 deze daling is gewoon absurd geweest 5,04% eraf, in USA op dit moment "slechts" een daling van 4.6% auw... blijf er ook bij dat we eind vh jaar rond de 32,- tot max 34,- kunnen staan
voda
1
ArcelorMittal Tailored Blanks invests EUR 7 million in a high technology welding line in Uckange

ArcelorMittal is installing a new high-technology welding line at its ArcelorMittal Tailored Blanks Lorraine facility in Uckange, France. The new line follows a EUR7 million investment and will be the world’s first installation and application of a technology which enables two key processes in the production of laser welded blanks (LWB) – welding and partial ablation – to occur simultaneously. This will result in a 50% capacity increase when production begins - expected in September 2019. Laser welded blanks are an innovative way for automakers to enhance crash and safety performance while improving the fuel economy of the vehicle. By welding together steel grades with different coatings and thicknesses, LWBs ensure strength can be concentrated where it is most needed for crash resistance while more ductile steels can be used in the same part to control deformation. With LWBs, overall material thickness is reduced, decreasing weight and emissions. Manufacturing, material, and transport costs are reduced significantly.

The new welding line with partial ablation in-line, named Souspeed-AB line, uses a new technology developed by ANDRITZ Soutec for an increased productivity. With this investment, ArcelorMittal Tailored Blanks already has two out of its three PHS LWB production centers operating with partial ablation in-line. In Tailored Blanks Gent (Belgium), traditional lines are already operated with in-line partial ablation. This was the first development step. Now Tailored Blanks Lorraine also features ablation in-line, combining it with the high productivity continuous concept of the Souspeed-AB line. The new line will allow ArcelorMittal Tailored Blanks to move one step further by introducing a new concept, Ablation 2.0, that combines the best from partial ablation and filler wire welding for the whole range of PHS grades and thicknesses in a single production step.

The decision to locate the new welding line in Uckange is based on the proximity to the supply of press hardenable steel, which is required in the production of tailored blanks, from ArcelorMittal’s plants in Florange and Mouzon. Uckange is also well located for supply and distribution to ArcelorMittal Tailored Blanks’ key automotive customers.

The EUR7 million investment in the new welding line was made with the support of Tailored Blanks Lorraine’s local community and government stakeholders. The Grand Est region will provide 10% of the investment and 25% of the related R&D expenses, and the Val de Fensch community will also provide co-investment in the new installation. ArcelorMittal will employ local companies for specific parts aspects of the project.

A laser welded blank (LWB – also known as a tailored blank) is a sheet of steel which combines several different grades. Each grade can have different thicknesses and/or coatings. LWBs allow a part to be engineered for optimal performance and lightweighting. The separate grades are laser welded together to create a single sheet of steel which has the best grade in the best place for strength and deformation. Each sheet can be hot- or cold-stamped to give the part its final shape. The result is a ‘tailor-made’ solution with significant advantages for the customer. Today, LWBs are commonly used in automotive construction, particularly for the body-in-white and closures of a car.

Laser welded blanks (LWBs) are an innovative way for automakers to reduce the weight of their vehicles while improving safety at the same time. They allow OEMs to combine different steel grades into one single part to ensure the right steel is in the right place for safety and performance. By welding together steel grades which deliver the required performance in exactly the right place, we can save steel and deliver weight savings.

As well as different grades, the LWB can include steels with different coatings and thicknesses to optimize the part. In this way, strength can be concentrated where it is most needed for crash resistance while more ductile steels can be used in the same part to control deformation. With LWBs, overall material thickness is reduced, decreasing weight and emissions. Manufacturing, material, and transport costs are reduced significantly.

Source : Strategic Research Institute
Bijlage:
voda
1
Trump welcomes JSW Steel’s USD 1 billion investment plans in US

PTI reported that US president Donald Trump has welcomed the JSW Steel’s proposed USD 1 billion investment in its Texas and Ohio steel mills. JSW Steel, quoted Trump as saying in a tweet “Steel is coming back fast. US steel adding great capacity also. So are others.”

Welcoming the statement from Trump, JSW Steel USA director Parth Jindal said, “We are pleased to share our intention for additional investments in the US. It’s our intention to further augment our capacity in Acero Junction over the next few years and to take the combined capacity of JSW USA to 4 mt per annum--3 mt at Acero and 1 mt at Baytown in Texas.”

The company also said US commerce secretary Wilbur Ross too welcomed the investment. It quoted Ross as tweeting that “Congratulations to JSW Steel on your investments made in Ohio.”

JSW Steel had earlier announced a USD 1 billion investment to modernise its two manufacturing facilities in Texas and Ohio. Last week, the company had said would invest USD 500 million to modernise its Ohio facility which it recently acquired as part of the Acero transaction. Earlier this year, the company had announced USD 500 million capex to modernise its Texas facility.

Source : Business Line
voda
1
Posco selects Choi Jeong-woo as next CEO

South Korea’s largest steelmaker Posco has selected Choi Jeong-woo, chief executive of Posco Chemtech, as its final nominee for chief executive in a board of directors meeting on Saturday. If Choi earns approval at an upcoming shareholders meeting on July 27, he will become the first non-engineer to lead the steelmaker. Previous CEOs have all had a background in metal engineering. Choi will also be the first Posco CEO in 20 years who did not graduate from Korea’s prestigious Seoul National University.

In a statement on Sunday, Posco’s CEO succession council said Choi’s broad experience in management and career at non-steel affiliates would help Posco turn into a global company that can handle steel and beyond. They said “With the global oversupply in steel and stricter trade barriers, we need to take meaningful steps in our non-steel businesses as well.”

Choi graduated from Pusan National University and majored in economics. After joining Posco in 1983, he built his career in key financial management positions. He also has weaker ties to the current CEO, Kwon Oh-joon, compared to Oh or Chang.

Choi was not considered a likely candidate until he made the shortlist of five last week. The list comprises the group’s incumbent and former top officials, including Posco Daewoo CEO Kim Young-sang, former Posco Chief Operating Officer Kim Jin-il, incumbent President and COO Oh In-hwan, Vice President Chang In-hwa and Posco Chemtech CEO Choi Jung-woo.

Source : Korea Joonang Daily
voda
0
Odisha sponge iron makers hit by shortage of railway rakes

Express News Service reported that acute shortage of railway wagons has hit supply of raw materials to sponge iron and steel industries in Odisha.As majority of sponge manufacturing units are facing the problem of receiving iron ore and desptach of their products to different destinations in the country due to rake shortage, the Sponge Iron Manufacturers Association (SIMA), an umbrella organisation of ore based metallic and steel industry, has asked the State Government to take up the issue with Railway Ministry.

Drawing the attention of the Steel and Mines department to the problems faced by the sponge iron units, SIMA Executive Director Deependra Kashiva said, “Many of our Odisha members have been facing acute shortage of supply of railway wagons which is affecting their competitiveness. The average availability of rakes witnessed a fall of 24 per cent in the second half of 2017-18 compared to the first half of the financial year, Kashiva said transportation of raw materials on road added to the cost of the manufactures. While the average availability of rakes per month from April to September in 2017 was 308, it came down to 234 rakes per month during October-March period of the last fiscal. With domestic coal supply in a mess due to acute shortage of railway rakes, sponge iron manufacturers mostly depend on imported coal. The sponge iron manufacturers are forced to transport their cargo from far off ports like Gangavaram in Visakhapatnam by rail and transport cargo on road from Paradip port which escalate cost in addition to operational difficulty.”

Chairman of Odisha Sponge Iron Maufacturers Association PL Mohanty said “As the landed cost of imported coal has gone up, cargo transport from Indian ports has further escalated the cost. Since the sponge iron industry comes under non-core sector, it does not get priority to get required railway rakes. This results in to inventory buildup at posts leading to additional cost, he added.

Source : Express News Service
voda
0
NCLT approves GMS resolution plan for Orissa Manganese

Times of India reported that the National Company Law Tribunal (NCLT), Kolkata bench, on Friday approved the resolution plan of Ghanshyam Mishra & Sons (GMS) for revival of debt-ridden Orissa Manganese and Minerals Ltd, part of Adhunik Group.

Earlier, lenders have chosen the plan of GMS as the best plan with an almost 90% voting in favour of it based on the superior financial bid as well as best operational credentials among the four applicants. Srei Infrastructure, Edelweiss ARC and Orissa Metaliks are learnt to be the other three applicants. The bid of GMS was INR 321 crore followed by Srei group firm at INR 300 crore. GMSPL had suggested an upfront payment of INR 250 crore within 90 days to financial creditors. It had also suggested to divide OMML in to a mining only company and a pellet plant company and suggested 25% equity in the mining company for financial creditors.

OMML has mining leases in Odisha and Jharkhand as well as one iron ore pellet plant in Jharkhand.

Orissa Manganese lenders include State Bank of India, Punjab National Bank, Bank of Baroda, ICICI Bank and Allahabad Bank, among others. The insolvency petition was filed before the NCLT by SBI.

Source : Times of India
voda
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EVRAZ expands the capacity for the processing of railway wheels

EVRAZ NTMK completes preparations for launching the fifth railway wheel machining line. The line has already been assembled, four new automated machines have been installed at the wheel shop. Currently the wheel-block robotic transport and handling equipment, chip breaker and disposal systems, a cutting-fluid management station are being mounted. Cable networks and fences that will ensure labor safety are installed. Earlier on, the old pipelines and cabling were removed and the existing machining line was relocated and repurposed for wheel center manufacturing to clean the area for the new line.

Ms Ilya Shirokobrod, EVRAZ Vice President, Sales and logistics said that "Our priority is to meet the growing demand for wheels from Russian consumers. The new line will be used to process premium products of the plant: S-wheels for Russian freight cars and for high-speed traffic. We will also be able to process export products here."

The project will enable the company to equalize the forging, machining and inspection capabilities, which will increase the wheel plant output. The launch of the fifth line will allow to create new workplaces.

The new line’s capacity is over 66 thousand railway wheels per year. The project has been implemented in collaboration with German company Niles-Simmons-Hegenscheneidt (NSH). The new line’s start-up is expected in Q3 2018.

EVRAZ investments total 800 million roubles.

Source : Strategic Research Institute
voda
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Tata Steel to seek approval from shareholders for INR 120-billion NCD issue

Business Standard reported that Tata Steel will seek shareholders’ approval for the issue of non-convertible debentures (NCDs) on private placement basis not exceeding INR 120 billion at its forthcoming annual general meeting (AGM).

The board will decide on the terms of issue, including the class of investors to whom the NCDs are to be issued, time, the number of NCDs, tranches, issue price, tenor, interest rate, premium/discount, listing (in India or overseas) and any matter as may be necessary at any stage from time to time, the AGM notice mentioned. The company proposes to make the issue within a year from the AGM.

The company has explained to shareholders that the move was in the light of the organic and inorganic growth strategy, as well as its goal of having a healthy balance sheet.

Source : Business Standard
voda
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China Panhua Steel Group to invest USD 3 billion to set up steel plant in Philippines

The Philippine Star reported that Philippine Economic Zone Authority (PEZA) said that Chinese steel manufacturer Panhua Group Co Ltd plans to invest up to USD 3 billion to develop an integrated steel industry in the country. PEZA director general Ms Charito Plaza said the proposed project could generate 120,000 jobs should it pushes through. Panhua intends to put up the project in Mindanao, which will require some 300 hectares of land, she said.

She said “PEZA will soon register an application for an integrated steel manufacturing industry in Mindanao. We are still looking for the 300 hectares in Mindanao.”

She said “The project is a welcome development for the country, especially in its move towards industrialization. The long awaited basic industry will put a stop on our importation of steel and hasten our country’s industrialization.”

Panhua was incorporated in 2004 with registered capital of $127 million. The company has a number of steel mills in China since 2006, has been exporting steel coils to more than 50 countries directly. Aside from steel manufacturing, Panhua has subsidiaries in other business divisions such as real estate, shipping terminals, metal mines and commercial banks.

Source : The Philippines Star
voda
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Trump Trade War - Taiwan still seeking exemptions – Mr John Dong

CAN reported that Mr John Deng, Taiwan’s top trade negotiator and a minister without portfolio, said on Friday that the country is still seeking an exemption from tariffs on steel and aluminum recently imposed by the administration of US President Donald Trump. Deng said while the US side has to take into account its own considerations, he has conveyed Taiwan’s government policy to boost local steel production to lower the content of China-made steel in Taiwanese steel products that local manufacturers sell to the US market.

Deng, who is leading a delegation to Washington for participation in the “SelectUSA” investment summit, said he had met with several US officials from the State Department, the Commerce Department and Department of Energy, and had also met with some US lawmakers, including Ted Yoho, chairman of the Subcommittee on Asia and the Pacific of the House Foreign Affair Committee.

So far, Taiwan has failed to secure such an exemption status from the United States despite recent negotiations between Washington and Taipei during which Deng repeatedly raised concerns that the financial burden of tariffs could hurt Taiwanese steel and aluminum exporters.

Taiwan said it has no intention of getting involved in a trade war between the US and China, but launching a probe into China’s steel products could prevent Beijing from using Taiwan as a transit point to sell its cheap steel products to the US, a move which could lower the content of China-made steel in Taiwanese steel products sold to the US market.

Source : CNA
Archie Steelman
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Dank Voda voor deze reeks aan nieuwsberichten. Of de inhoud effect zal hebben op de koers valt nog te bezien met al dat gedoe van Trump.
Archie Steelman
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quote:

gpjf schreef op 25 juni 2018 17:52:

[...]

Nou had wel beter gekund “ achteraf”
Achteraf gezien inderdaad. Maar wat er gebeurde is gewoon onvoorspelbaar. Ik dacht dat je een superkoopje had gedaan met jouw aankoopkoers. Niets is minder waar helaas. Maar een ding is zeker: het komt allemaal weer goed!
voda
0
quote:

Archie Steelman schreef op 25 juni 2018 20:42:

Dank Voda voor deze reeks aan nieuwsberichten. Of de inhoud effect zal hebben op de koers valt nog te bezien met al dat gedoe van Trump.
Sorry, ik heb ze in de verkeerde draad geplaatst. Kan gebeuren.
Alfonz
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quote:

Archie Steelman schreef op 25 juni 2018 20:44:

[...] Achteraf gezien inderdaad. Maar wat er gebeurde is gewoon onvoorspelbaar. Ik dacht dat je een superkoopje had gedaan met jouw aankoopkoers. Niets is minder waar helaas. Maar een ding is zeker: het komt allemaal weer goed!
Ben ik nog niet zo zeker met zo'n president als Trumpie.....
gpjf
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Nou mijn ervaring met AM is dat het inderaaad goed komt, een beetje geduld doet wonderen en mijn aankoopkoers is zeker gezien het potentieel geen probleem.
Archie Steelman
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