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Home  /  Forum  /  Arcelor Mittal  /  Nieuws en info hier plaatsen (deel 4)

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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,830 19 apr 2024 17:35
  • +0,030 (+0,13%) Dagrange 23,440 - 23,880
  • 2.845.773 Gem. (3M) 2,4M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1178 1179 1180 1181 1182 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 3 juni 2020 14:34
    PT Krakatau Steel Swings to Profit in Q1 of 2020

    Indonesian state-owned steelmaker PT Krakatau Steel has reported its first profit in eight years as it booked USD 74 million in profit in the first quarter of 2020, a major switch from the USD 62 million loss it suffered in the same period last year, as its cost of revenue as well as general and administrative expenses dropped 39.8 percent and 41.5 percent respectively. Krakatau Steel president director Silmy Karim attributed the positive performance to the company’s concerted move to improve its performance since last year. He said “The company has taken several measures to improve its performance such as through debt restructuring and transformation.”

    The steelmaker also mentioned that the move to optimize its workforce, lower energy costs and slash spare part costs also contributed to the profit.

    Earlier this year, Krakatau Steel received the green light from its creditors, mainly local banks such as state-owned Bank Mandiri and Bank Negara Indonesia, to restructure its loans totaling USD 2 billion in its bid to avoid bankruptcy.

    Silmy said earlier this year that the debt restructuring would cut interest payments to $466 million from $847 million. It is also expected to slash costs by around $685 million until 2027.

    Source : Strategic Research Institute
  2. forum rang 10 voda 3 juni 2020 14:34
    Baumann Adds Sideloaders to Barrett Steel Fleet

    UK’s largest independent steel stockholder Barrett Steel has taken delivery of its 18th new Baumann sideloader, following an agreement which will see the long load equipment delivered across most of the company’s 32 sites. Models from Baumann’s GX diesel and EGX electric sideloader ranges have been modified with steel decks, timber bearers and specialist load guards to maximise load security and operator safety. The introduction of models with 1400mm deck widths and forks enables more loading of steel directly on to lorry beds, whilst onboard fleet management, auto-deck levelling and high visibility cabins have also provided additional benefits.

    Included in the Barrett Steel fleet are a number of electric EGX80L models, the largest capacity 120v electric sideloaders available on the market and unique to Baumann in operation.

    Electrics offer zero emissions, are cheaper to run and maintain, as well as offering a better operator environment. Noise and cost savings will also benefit long-established companies, such as Barrett Steel, which have seen towns grow up around them, and are under pressure to reduce emissions and noise pollution wherever possible.

    Steel is one of the largest sectors for sideloaders after timber, in part due to the way sideloaders can cope with the combination of load length and heavy load weight. Travelling longer distances, or over uneven ground, is also a key strength of the Baumann equipment which is renowned for its durability and quality amongst a loyal customer base.

    Established in Bradford in 1866, Barrett’s extensive steel processing facilities enable it to hold over 100000 tonnes of steel stock, via its general steel, engineering and tube processing divisions. Recently the company announced it had completed the acquisition of certain British Steel Distribution depots, taking the 6th generation family steel businesses network to 32 locations.

    Source : Strategic Research Institute
  3. forum rang 10 voda 3 juni 2020 14:35
    MMK Renovatin Blast Furnace No 2

    At Magnitogorsk Iron and Steel Works, the reconstruction of the blast furnace No 2 is entering its final phase. The updated unit is due to be commissioned in July. MMK started reconstruction of the blast furnace No 2 in February 2020, in line with its major repairs programme. As a result of the renovation, the productivity of blast furnace No 2 will be increased. In addition, it is expected to specifically reduce consumption of coke, which should result in a significant economic effect. Dust emissions will be reduced due to new aspiration systems. The total investment in the modernisation of the furnace will amount to more than RUB 5 billion.

    During the scheduled renovation, all elements of the old furnace are due to be dismantled and completely replaced and the cooling system modernised. The cooling of the blast furnace will be transferred from tile vertical cast-iron refrigerators to copper horizontal box coolers in the thrust washers and tuyere zones. This design feature in the cooling of the blast furnace has already been used at MMK during the reconstruction of blast furnace No.1 in 2018. The equipment for the cooling system of blast furnace No. 2 is supplied by the Luxembourg company Paul Wurth. Following its reconstruction, the new furnace will have non-lintel design.

    An important element of the reconstruction of MMK's blast furnace No.2 is the reconstruction of the casting beds with a system of closed gutters and the aspiration of the casting beds and charge feed. The main technological equipment required for the production of pig iron and slag will be replaced by modern hydraulic equipment manufactured by Dneprohydromach (machines for opening and closing the flaps and manipulator). Similar equipment has already been installed on four MMK blast furnaces. Changes will affect the main transportation flumes, which will be equipped with convective cooling and will increase in size, facilitating the separation of pig iron from slag. In addition, the flumes will also be equipped with an aspiration system air-duct. As a result of this aspiration installation which has a suction capacity of 850,000 cubic meters per hour, the emission of pollutants into the atmosphere will be significantly reduced, improving working conditions for MMK’s employees.

    Prokatmontazh has acted as the general contractor. Currently, the lining of the furnace has been completed and the installation of copper box coolers produced by Paul Wurth has begun. A new water treatment system for the cooling system has been built. Currently, the Western casting beds are about 90% complete, construction and installation works have been completed and equipment is being installed. Construction works are underway at the Eastern casting beds. As part of the work on the engine room, a new skip winch produced by Paul Wurth is being installed. The installation of the aspiration system at the casting beds is currently approximately 75% complete. The air ducts remain to be mounted and the power supply set up. The charge transfer aspiration system is approximately 95% complete, the pipeline wiring to the dusting points has been installed and electrical work is underway to connect the air intake control valves. Commissioning works are underway on air heaters for preheating.

    MMK's blast furnace No. 2 was commissioned in June 1932. Since then, the blast furnace has been repeatedly updated - most recently in 2000, when it was rebuilt almost from scratch. The capacity of the current blast furnace is 1,380 cubic meters and the capacity is about 3800 tonnes of pig iron per day. In 2010, a bell-less top charging mechanism provided by Paul Wurth was installed on blast furnace No 2.

    Source : Strategic Research Institute
  4. forum rang 10 voda 3 juni 2020 14:35
    Steel Minister Plans to Develop Steel Fabrication Cluster in Bhilai

    ANI reported that India’s Minister of Steel Mr Dharmendra Pradhan chaired a high-level meeting, held through video conferencing, with officials from the Ministry of Steel, Ministry of Road Transport and Highways, Ministry of Railways, Institute for Steel Development and Growth, Steel Authority of India Limited and steel fabricators from Bhilai to work out a detailed plan for developing a steel fabrication cluster around the Bhilai Steel Plant. Mr Pradhan directed the Chief Executive Officer of Bhilai Steel Plant to ensure the steel plate requirement of steel fabricators in Durg district is fully met and any restrictive conditions coming in the way of such procurement should be removed.

    He said "The steel fabrication cluster envisaged will give a boost to micro, small and medium enterprises sector in the region, facilitate employment generation and give impetus to the local economy." the statement quoted Pradhan as saying.

    Source : Strategic Research Institute
  5. forum rang 10 voda 3 juni 2020 14:35
    Whyalla Steelworks Seeks Financial Backing from State

    ABC reported that Freedom of Information documents show that GFG Alliance has surprised the South Australia Government by asking for backing to borrow money last year. The company admits to payment delays and says it's looking at efficiency options to ensure a sustainable future. A briefing to the SA Department of Mining and Energy said without prior notification a GFG workshop outlined its proposed options for future investment and intended request for support from the government.

    Treasurer Rob Lucas said though a deal had not yet been struck, the Government planned to honour a AUD 50 million funding commitment by the previous government, on certain conditions. He said "We have remained committed to providing the[money in the same terms and we continue to have the same discussions with Mr Gupta's people."

    After buying the city's ailing steelworks in 2017, British billionaire Sanjeev Gupta unveiled a grand vision for the plant, promising a multi-million-dollar mega-transformation that would bring with it new jobs and a population boom. Its centrepiece included hundreds of millions of dollars in contracts for a new state-of-the-art mill, capable of turbocharging green steel production.

    Source : Strategic Research Institute
  6. forum rang 10 voda 3 juni 2020 14:36
    Saudi Arabia Hikes Duty on Steel Imports

    Saudi Arabian General Customs Authority announced an increase in custom tariffs for a wide range of import products, including steel. New import duties for foreign semi-finished and finished steel products are set within 10-20% depending on the HS code versus 5-10% earlier, and will come into force from June 10. The material originated in the GCC and Arab League members will be treated as local.

    Source : Strategic Research Institute
  7. forum rang 10 voda 3 juni 2020 14:37
    Danieli Automation Service Team to upgrade Marcegaglia Plate Mill

    High-quality market requirements led Marcegaglia to revamp its 4-hi plate mill in San Giorgio di Nogaro in Italy. Danieli Automation Service Team envisioned a tailor-made solution that includes both automation and mechanical modernization. On the mechanical side, new hydraulic cylinders will be installed to support conventional electromechanical screw-down gears, thus improving response speed and position accuracy. Danieli Automation will supply its most advanced gauge control with powerful, real-time HiPAC controller to easily integrate the existing controls with new technological functions.

    HiPAC open platform with standard IEC 61131 graphic languages will enable smooth, step-by-step transition and easy interface to existing equipment via high-speed distributed I/O EtherCAT technology.

    A new L2 process control system, including on-line mathematical model for pass schedule calculation, mill set-up and reports will enable process quality and repeatability. The modern server/client architecture will include latest-generation hardware, system and application software.

    A dedicated tracking system will provide real-time tracking for plates from initial handling to finished services.

    To better improve plant results, the contract includes also the upgrading of furnace automation system, where the combination of new L1 and L2 technological systems will improve the yield (less natural gas will be required) and enhance the slab temperature uniformity.

    Danieli Automation Service Team is specialized in tailored solutions for improving performances of obsolete automation systems.
    For more info:

    Source : Strategic Research Institute
  8. forum rang 10 voda 3 juni 2020 14:37
    Manufacturing Output in China Rises in May as COVID-19 Restrictions Ease

    The easing of restrictions related to the coronavirus disease COVID-19 pandemic led to a stronger rise in Chinese manufacturing output in May, with the rate of expansion the quickest for over nine years. However, demand conditions remained subdued, largely due to a notable fall in export orders. As a result, firms continued to trim their staff numbers and raised their buying activity only slightly. A lack of new work also led to the first reduction in backlogs of orders since February 2016. Encouragingly, supplier performance was broadly stable in May after travel restrictions and low supply levels hindered vendor performance in prior months. The headline seasonally adjusted Purchasing Managers Index rose from 49.4 in April to 50.7 in May. The above 50.0 reading signalled a renewed improvement in overall operating conditions midway through the second quarter, albeit one that was only marginal.

    Key findings
    Strongest increase in output since January 2011
    Sales trend remains subdued, driven by weak external demand
    Supply chains stabilise after marked period of disruption
    Data were collected 12-20 May 2020

    May data signalled a further increase in output following February’s record decline, with firms widely mentioning the resumption of works due to an easing of COVID-19 related measures. The rate of expansion was the quickest since January 2011 and solid.

    Demand conditions remained subdued, however, with total new work declining again in May. Data indicated that the fall was largely driven by weaker external demand, as many nations faced strict measures to stop the spread of the pandemic including company closures, leading new export orders to contract at a historically sharp rate.

    A lack of new orders drove the first fall in backlogs of work since February 2016, though the rate of depletion was only slight. The muted demand outlook also led firms to trim their staff numbers again in May. That said, the rate of job shedding was the slowest for four months.

    The resumption of production led to a renewed increase in buying activity, but the rate of expansion was only marginal. Manufacturers meanwhile took a relatively cautious approach to inventories in May, with both stocks of purchases and finished items falling since the previous month.

    Supply chains stabilised in May, following severe disruptions in prior months due to restrictions related to the COVID-19 pandemic. However, there were still reports of stock shortages at some vendors.

    Manufacturers signalled a third successive monthly fall in average input costs. Panel members often mentioned that subdued market demand had led suppliers to cut prices for raw materials. At the same time, factory gate prices were little-changed from the previous month following a three-month period of discounting.

    Business confidence picked up in May, with firms generally optimistic that output will rise over the next year. Positive forecasts were often linked to hopes of a global economic rebound once the pandemic situation improves.

    Commenting on the China General Manufacturing PMI data, Dr Wang Zhe, Senior Economist at Caixin Insight Group said “The Caixin China General Manufacturing PMI rebounded to 50.7 in May after falling into contractionary territory the previous month, reaching its highest level since January. Supply was generally stronger than demand in the manufacturing sector, as production continued its expansion amid a broader economic rebound while demand had yet to recover.”

    1. While manufacturing output continued expanding at a faster clip, total demand only improved slightly due to sluggish external demand. Economic activity gradually came closer to normal with more businesses resuming operations as the domestic coronavirus epidemic was largely brought under control. The output subindex rose further into expansionary territory, posting its highest reading in more than nine years. In contrast, the recovery of demand lagged behind, as the subindex for total new orders remained in contractionary territory despite rising slightly from the previous month. New export orders continued to drop sharply, pointing to a contraction in foreign demand amid the pandemic.

    2. The gauge for backlogs of work dropped into negative territory for the first time in more than four years, as supply recovered more strongly than demand, allowing many backlog orders to be fulfilled. A production expansion led to a further drop in inventories of purchased items, and the measure for stocks of finished goods dropped into contractionary territory as logistics recovered. Production resumption also helped boost purchasing activity and the labor market. The gauge for quantities of purchased items returned to expansionary territory, and the employment subindex also rebounded from the previous month, although it remained in negative territory. That said, pressure on the job market should not be underestimated.

    3. Downward pressure on prices of industrial products continued. The gauge for input costs rose slightly despite staying in contractionary territory, as bulk commodity prices rebounded in May from a low level the previous month. Output prices remained largely flat amid a slow demand recovery. Manufacturers saw signs of improvement in profitability as the gap between output prices and input costs grew wider.

    4. The measure for future output expectations rebounded markedly to the same level as before the coronavirus outbreak. Manufacturers’ confidence in the economy for the next 12 months rose sharply, as restrictions were lifted as China’s domestic outbreak abated and its economy returned to normal, and some countries outside China started partially resuming work.

    “To sum up, manufacturing production recovered faster than demand as the domestic economy recovered from the epidemic. Sluggish exports remained a big drag on demand as the virus continued spreading overseas. Stabilizing the job market is a top priority on policymakers’ agenda this year, as shown in last month’s government work report. Boosting employment is not an easy task, as the employment subindex in the Caixin manufacturing PMI survey has remained in contractionary territory for five months in a row.”

    Source : Strategic Research Institute
  9. forum rang 10 voda 4 juni 2020 14:47
    Vraag naar staal onder druk

    FONDS KOERS VERSCHIL VERSCHIL % BEURS
    ArcelorMittal
    9,87 -0,031 -0,31 % Euronext Amsterdam
    Bekaert
    19,52 -0,70 -3,46 % Euronext Brussel

    (ABM FN-Dow Jones) De mondiale vraag naar staal daalt naar verwachting dit jaar als gevolg van de coronacrisis met 6,4 procent. Dit bleek donderdag uit een rapport van de World Steel Association voor 2021 en 2022.

    In deze zogeheten Short Range Outlook verwacht de organisatie een vraagdaling naar 1,654 miljoen ton staal, waarbij wel wordt uitgegaan van een sneller herstel van de vraag in China, waarvoor een stijging in de vraag voor dit jaar van 1 procent wordt voorzien.

    Een substantieel deel van het herstel zal naar verwachting in de tweede helft van het jaar plaatsvinden, met de recente en geleidelijke intrekking van de coronamaatregelen en wordt gedreven door de bouw en met name infrastructuur.

    Verder wordt er geen nadeel verwacht voor de belangrijkste staalproducerende landen bij een tweede coronagolf.

    In het rapport wordt ook de kanttekening geplaatst dat de vraag naar staal in de ontwikkelde economieën al op een relatief laag niveau stond en nooit helemaal is hersteld van de klap als gevolg van de financiële crisis in 2008.

    De automotivesector wordt dit jaar volgens de staalorganisatie hard getroffen met een omzetdaling van 20 procent voor dit jaar, die nog eens bovenop de verliezen van de afgelopen twee jaar komt.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright ABM Financial News B.V. All rights reserved.
  11. forum rang 10 voda 4 juni 2020 15:31
    COVID19 Hits SAIL Lodhi Road HQ

    In the wake of rising COVID 19 infections in the Country, few employees of Steel Authority of India Limited’s Corporate Office at Lodi Road in New Delhi have been tested Corona positive. This is first case of confirmation at the Company HQ since the outbreak of the pandemic. The infected employees have been immediately asked to home quarantine themselves and Company’s SOP to handle the Covid infection has been put into action. A Government appointed agency has been engaged to do fumigation at SAIL’s HQ at Lodi Road which is being carried out extensively for two days. The office has been closed for 3rd and 4th June and the employees have been asked to work from home. Parallelly, the Company has also tied up with two renowned private hospitals namely Max and Apollo in Delhi to facilitate testing of employees who require the same.

    Since the Company restarted its office in a phased manner, all the required safety measures including sanitization, thermal checking, hand sanitizers at touch points and fumigation as per requirement were in place.cNevertheless, with the detection of Corona positive cases the Company has taken all actions with greatest promptitude and is continuously monitoring the situation in consultation with the Government agencies.

    Source : Strategic Research Institute
  12. forum rang 10 voda 4 juni 2020 15:31
    Voestalpine Posts Operating Result for Business Year 2019/20

    For the voestalpine Group, the business year 2019/20 was defined by a massive dampening of sentiment in the economic environment owing to the worldwide trade conflicts. These developments hit Europe’s export-driven industry, which accounts for about two-thirds of the Group’s revenue, particularly hard. The automotive segment, which is important to the voestalpine Group, slumped worldwide. Add to that globally rising iron ore prices in the face of simultaneously falling steel prices. An upward trend did not make itself felt for the first time until the start of the business year’s fourth quarter, only to be brought to a sudden standstill by the outbreak of the Covid-19 pandemic.

    The Covid-19 pandemic and its economic consequences forced voestalpine to curtail production and temporarily shut down plants in almost all of its areas; this includes a small blast furnace in Linz, Austria, that has been shut down until further notice. In May 2020, about 10,400 employees in Austria and about 3,000 employees in Germany were registered for short time work, and another 2,400 employees internationally for similar schemes. voestalpine gives highest priority to the health of its labor force in this situation.

    Owing to the economic environment, the revenue of the voestalpine Group fell in the business year 2019/20 by 6.2%, from EUR 13.6 billion in the previous year to EUR 12.7 billion. The decline on the earnings side was more dramatic on account of internal non-recurring effects. As previously communicated, impairment losses were recognized in the third quarter of the business year 2019/20 as a result of impairment tests conducted at the time. In addition, provisions for risks with negative consequences (including restructuring costs) were recognized also. Another impairment test had to be carried out in April 2020 due to the Covid-19 pandemic; it resulted in yet more impairment losses. In the business year ended, on the whole these non-recurring effects impacted EBITDA to the tune of EUR 83 million and EBIT (including EBITDA effects) to the tune of EUR 485 million. Against this backdrop and owing to the gloomy market environment, EBITDA fell year over year by 24.5%, from EUR 1.6 billion to EUR 1.2 billion. The impairment losses led to negative EBIT of EUR –89 million for the business year (2018/19: EUR 779 million). In keeping with EBIT and based on net financial income of EUR –141 million (previous year: EUR –134 million), the profit before tax for the business year 2019/20 is EUR –230 million (previous year: EUR 646 million). Given the positive corporate income tax of EUR 14 million for the business year (previous year: EUR –187 million), the resulting profit after tax is EUR –216 million (2018/19: EUR 459 million).

    Source : Strategic Research Institute
  13. forum rang 10 voda 4 juni 2020 15:32
    JSPL Reports 28% YoY Increase in May Sales

    Jindal Steel and Power Ltd has recorded the highest ever standalone steel sales of 0.64 million tonnes in May, marking a growth of 28 per cent as compared to sales of 0.5 million tonnes during the same period of previous year. Out of 0.64 million tonnes of total standalone sales, 0.40 million tonnes are export sales. The company recorded consolidated steel sales of 0.79 million tonnes which is a growth of 26 per cent as compared to sales of 0.63 lmillion tonnes during the same period of previous year. JSPL recorded consolidated steel production of 0.62 million tonnes in May.

    In addition, the company recorded production of 0.65 lakh tonnes of pellets in May.

    Source : Strategic Research Institute
  14. forum rang 10 voda 4 juni 2020 15:32
    USITC Rules to Continue Import Duties on Steel Wire Rod from China

    The US International Trade Commission has determined that revoking the existing antidumping and countervailing duty orders on imports of carbon and certain alloy steel wire rod from China would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the Commission’s affirmative determinations, the existing antidumping and countervailing duty orders on imports of this product from China will remain in place.

    This action comes under the five-year sunset review process required by the Uruguay Round Agreements Act.

    The five-year sunset reviews concerning Carbon and Certain Alloy Steel Wire Rod from China were instituted on December 2, 2019.

    Source : Strategic Research Institute
  15. forum rang 10 voda 4 juni 2020 15:35
    Apparent Steel Use Per Capita 2013 to 2019

    Worldsteel’s 2020 World Steel in Figures has published per capita steel consumption figures for 2019, pegging world average at 229.3 kgs. The top 5 countries are South Korea at 1039, Taiwan at 759.8, Czech Republic at 673.6, China at 632.9 and Japan at 498.1. Indian per capita steel consumption in 2019 climbed to 74.3 kgs from 71.5 in 2018

    Voor lijst zie pdf

    Source : Strategic Research Institute
    Bijlage:
  16. forum rang 10 voda 4 juni 2020 15:36
    Primetals Technologies Receives FAC for LD (Converter Modernized at Mechel in Chelyabinsk

    In May, the Mechel Group issues the final acceptance certificate for a LD BOF converter modernized by Primetals Technologies in the steel works of the Chelyabinsk Metallurgical Plant (in Russia. The project aims were to replace worn-out equipment, to further increase capacity by raising the tapping weight to 160t and to optimize tap-to-tap times by cutting the blowing time. At the same time, Mechel installed a new cooling stack and the associated offgas cleaning plant to reduce converter emissions. OOO Rosenergostal, Belgorod supplied this equipment. This is the third converter Primetals Technologies had modernized in the Chelyabinsk steel works. The other two converters were successfully brought into operation in August 2011 and November 2013.

    The new converter is part of an expansion program that includes increasing the annual production capacity of the converter steel works. Primetals Technologies was responsible for the basic and detail engineering, and supplied core components, including the vessel, trunnion ring, slag shields and maintenance-free vessel suspension system Vaicon Link. It also replaced the tilting drive, together with its AC motors, and implemented the associated basic automation. In addition, Primetals Technologies handled the supervision of the installation and commissioning work on site.

    Source : Strategic Research Institute
  17. forum rang 10 voda 4 juni 2020 15:37
    US Steel Imports in May Shrink 25% MoM

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of May totaled 2,235,000 net tons. This was a 25.0% decrease from the 2,981,000 permit tons recorded in April and a 19.4% decrease from the April preliminary imports total of 2,773,000. Import permit tonnage for finished steel in May was 1,514,000, up 15.7% from the preliminary imports total of 1,309,000 in April. For the first five months of 2020 (including May SIMA permits and April preliminary imports), total and finished steel imports were 11,421,000 NT and 7,332,000 NT, down 16.0% and 26.4%, respectively, from the same period in 2019. The estimated finished steel import market share in May was 23% and is 19% year-to-date).

    Finished steel imports with large increases in May permits vs. the April preliminary imports included oil country goods (up 93%), standard pipe (up 33%), hot rolled bars (up 29%), line pipe (up 26%), tin plate (up 24%), mechanical tubing (up 18%), cut lengths plates (up 15%), wire rods (up 13%), sheets and strip all other metallic coatings (up 12%) and cold rolled sheets (up 11%). Products with significant year-to date (YTD) increases vs. the same period in 2019 include tin free steel (up 29%) and light shapes bars (up 18%).

    In May, the largest finished steel import permit applications for offshore countries were for South Korea (235,000 NT, up 46% from April preliminary), Japan (103,000 NT, up 50%), Turkey (98,000 NT, up 86%), Taiwan (84,000 NT, up 75%) and Germany (72,000 NT, up 14%). Through the first five months of 2020, the largest offshore suppliers were South Korea (943,000 NT, down 27% from the same period last year), Japan (373,000 NT, down 39%) and Germany (305,000 NT, down 41%).

    Source : Strategic Research Institute
  18. forum rang 10 voda 4 juni 2020 15:37
    American Zinc Recycling Names William Breedlove Chief Commercial Officer

    Leading provider of environmental services to the US steel industry American Zinc Recycling announced the appointment of William Breedlove as Senior Vice President and Chief Commercial Officer, effective as of May 18, 2020. Reporting to Wayne Isaacs, President and Chief Executive Officer, Breedlove will oversee all aspects of sales for American Zinc Recycling LLC and its subsidiaries.

    Breedlove joins American Zinc Recycling after running his own metals and mining consulting firm, Breedlove Consulting Services LLC, for five years. An industry veteran, Breedlove has more than 30 years of experience in metals and mining services, serving across a wide range of business functions including CEO, President, general management, operations management and sales management.

    Prior to running his own consulting firm, Breedlove served as President at Somerset Coal International Inc, a coal recovery and enhancement business, where he spearheaded the company’s launch and foundational development. He also served as CEO of Quality Magnetite LLC, a magnetite ore processing and distribution company that serviced the energy industry. For more than 20 years, Breedlove served in various leadership roles, including Executive Vice President of Marketing and Business Development at Harsco Metals & Minerals, formerly National Recovery Systems. Breedlove holds a bachelor’s degree in business administration management from Pennsylvania State University.

    Source : Strategic Research Institute
  19. forum rang 10 voda 4 juni 2020 15:38
    Tata Steel to raise INR 400 crore

    In a filing to the BSE, the company said the committee approved allotment of 4,000 non-convertible debentures having face value of Rs 10 lakh each on private placement basis to identified investors. It said "The committee of directors has approved allotment of 4,000 – 8.08 per cent per annum unsecured, rated, listed, redeemable, floating coupon, non-convertible debentures of face value INR 10,00,000 each, for cash aggregating to INR 400 crore, to identified investors on private placement basis.”

    The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

    Source : Strategic Research Institute
  20. forum rang 10 voda 4 juni 2020 15:38
    Severstal to Invest in Reduction of Atmospheric Emissions at CherMK

    PAO Severstal plans to invest RUB 2.5 billion in upgrading gas cleaning equipment for the sintering process stage at the Cherepovets Steel Mill. This investment will result in a 22.5% reduction in the plant’s gross emissions in comparison with 2017 levels. The equipment upgrade includes the installation of a sinter gas recirculation system and replacing current dust gas purification devices. The new recirculation system will enable recirculating exhaust gases to be re-used during the sintering process, reducing the overall volume of gas emissions from the plant and saving consumption of solid fuel.

    Under Severstal’s strategic investment program, the plant’s battery cyclones will also be replaced by electrostatic precipitators. This will reduce the concentration of dust emissions by more than 80%, from 170 mg/m3 to 30 mg/m3. The overall planned reduction in gross emissions at CherMK, taking into account the projects described, will amount to 66.8 thousand tonnes by 2025.

    Source : Strategic Research Institute
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  6. 05 mrt Beursblik: experts vinden koerswinst Besi wel mooi geweest
  7. 23 feb Mondiale staalproductie daalt opnieuw
  8. 08 feb ING: ArcelorMittal doet het beter dan verwacht
  9. 08 feb Fors verlies voor ArcelorMittal
  10. 06 feb Beursblik: winstgevendheid ArcelorMittal onder druk

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