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Aandeel Aperam AEX:APAM.NL, LU0569974404

  • 26,480 4 jun 2024 17:35
  • 0,000 (0,00%) Dagrange 26,480 - 26,820
  • 156.293 Gem. (3M) 198,4K

Diverse nieuws items

1.623 Posts
Pagina: «« 1 ... 36 37 38 39 40 ... 82 »» | Laatste | Omlaag ↓
  1. forum rang 7 mvliex 1 14 oktober 2015 16:55
    China verliest in roestvrijstaalzaak bij WTO

    Gepubliceerd op 14 okt 2015 om 16:42
    GENÈVE (AFN/RTR) - China mag geen importheffingen opleggen aan bepaalde roestvrijstaalproducten uit Europa en Japan. Dat heeft de Wereldhandelsorganisatie (WTO) woensdag bepaald.

    China verloor daarmee in een hoger beroep tegen een eerdere uitspraak van de WTO. Daarbij werden de heffingen van China ook al veroordeeld.
  2. forum rang 10 voda 14 oktober 2015 16:59
    Indonesian stainless steel industry expected to grow big in 5 years

    The Jakarta Post reported that according to the Indonesian Iron and Steel Industry Association, the country’s stainless steel industry could grow aggressively over the next few years as demand from infrastructure projects is forecast to surge.

    Mr Rajesh Khosla, a member of IISIA, said on the weekend that the national stainless steel industry would likely grow rapidly in the next five to seven years, driven by the growing use of steel in infrastructure projects. He told Jakarta Post It is estimated that infrastructure projects will consume more stainless steel in the future.”

    Another member of the IISIA, Deepak Agarwal, said that unlike its neighbors, such as Thailand, Indonesia currently used raw steel for many infrastructure projects that would actually be better served with stainless steel. He said “At present, Indonesia lags behind other countries in the use of stainless steel on its domestic market.”

    Indonesia’s annual per-capita consumption of stainless steel amounts to merely 0.6 kilogram, a far cry from the world's average per-capita consumption of 5.5 kg, according to IISIA estimates. The country has an annual stainless steel production capacity of 150,000 tons, but currently produces only around 100,000 tons, according to IISIA data.

    Source : The Jakarta Post
  3. forum rang 10 voda 15 oktober 2015 16:54
    Japanese stainless steel production in July rises MoM

    According to the latest statistics released by the Ministry of Economy, Trade and Industry (METI), the Japanese stainless steel production increased during the month of July this year.

    As per data, Japan’s total stainless steel production during the month of July was 231,194 tons. This is slightly higher by 2.9% when compared with the output during the previous month. The country’s stainless steel production during June this year had totaled 224,632 tons. However, the stainless steel production during July this year was down by 3.2% when compared with the production during the same month a year ago. The Japanese stainless steel production had totaled 258,672 tons during July last year.

    Out of the 231,194 tons, chrome-type stainless steel output totaled 112,003 tons, over 48% of the total output. The monthly output of chromium-based stainless steel products surged higher by nearly 9% in comparison with the output of 103,170 tons a month ago. The production of Cr-type and Cr-Mo-type hot rolled stainless by the country totaled 94,203 tons and 17,800 tons respectively.

    Nickel-based stainless steel output constituted the balance 119,191 tons, accounting for nearly 52% of the total stainless steel output. The monthly output of nickel-based stainless steel dropped slightly in comparison with the output of 121,462 tons a month before.

    The country’s stock of stainless steel reached 107,094 tons during July. The stock held by steel producers has increased by nearly 7% when compared with the inventory levels during the previous month. However, inventory levels during the month were down significantly from 120,118 tons in July 2014.

    Source : Scrap Monster
  4. forum rang 10 voda 19 oktober 2015 16:57
    Universal Stainless reports preliminary Q3 results

    Universal Stainless & Alloy Products Inc has announced that, based on preliminary results, it expects to report net sales for the third quarter of 2015 of approximately $43.4 million. Further, the Company expects to report a loss of approximately $2.40 to $2.45 per diluted share, which includes after-tax non-cash intangible write-off charges of $13.2 million, or $1.87 per diluted share, primarily for goodwill impairment. It also includes after-tax charges of $2.3 million, or $0.32 per diluted share, associated with temporarily idling plant capacity, non-cash inventory write-downs, reducing hourly and salary workforce, and damages caused by the unauthorized substitution by a vendor of a critical supply part for the melting process. Before including the above charges, which collectively total $2.19 per diluted share, the loss for the third quarter of 2015 is expected to be $0.21 to $0.26 per diluted share.

    The stock price decline since June, 2015 has caused the Company's market capitalization to fall sufficiently below book value, which necessitated an interim goodwill impairment review under generally accepted accounting principles. The impairment charge fully eliminates goodwill from the balance sheet.

    The Company noted that while the non-cash goodwill impairment charge will negatively impact reported earnings for the third quarter of 2015, it does not affect the Company's cash balances, liquidity position, cash flow from operations, or tangible book value, which totaled approximately $187 million, or $26 per diluted share at September 30, 2015. In addition, during the quarter ended September 30, 2015, the Company significantly reduced working capital enabling the repayment of approximately $10 million of outstanding debt.

    The Company's stock price and recent operating performance reflect very challenging conditions in the specialty steel industry in 2015. The sharp and prolonged decline in the oil and gas market has led many customers to destock inventory. Customers have also delayed purchases due to the continued decline in nickel and other commodity prices in order to capture lower future prices. Additionally, downward trends in commodity prices have temporarily reduced margins because of the misalignment of surcharges with material costs of products shipped.

    Chairman, President and CEO Dennis Oates commented: “We took strong action in the third quarter to offset the significant challenges facing our Company and industry, with a special focus on generating positive cash flow through adjusting mill output, rigorous working capital management and debt reduction. In fact, we were successful in reducing inventories by approximately $10 million in the quarter. It is also important to note that the strength of our tangible assets remains intact despite the impairment of goodwill in the quarter.

    “Even though current industry conditions remain difficult, we have started to see signs of a pick-up in demand for our products, including our premium alloys, with order entry in September up 64% from the prior two month average. While the recovery may be uneven going through the balance of the year, customers continue to point to 2016 as a year of improvement.”

    Source : Strategic Research Institute
  5. forum rang 10 voda 27 oktober 2015 19:34
    Outokumpu divests 55 percent of Chinese JV Shanghai Krupp Stainless Co

    Outokumpu has signed an agreement with Lujiazui International Trust Co., Ltd regarding Shanghai Krupp Stainless Co Ltd (SKS) in China. SKS is a Shanghai-based joint venture between Outokumpu and Baosteel, who have held 60 and 40 percent respectively. Being part of Outokumpu’s business area APAC, SKS has a cold rolling capacity of 290,000 tonnes and the mill employs over 450 people.

    According to the agreement, Outokumpu will divest 55 percent of SKS shares to Lujiazui International Trust. Outokumpu still holds a five percent share of SKS and continues to operate the cold rolling mill.

    The closing of the transaction is expected by the end of November 2015 and subject to customary regulatory approvals in China.

    Mr Mika Seitovirta, Outokumpu CEO, said “The SKS joint venture with its cold rolling mill has been a well-functioning operation. However, it is focused on the most common stainless steel grades, whereas our strategy in China and the Asia-Pacific region is to differentiate from the competition with specialty grades and tailored solutions. This divestment is the next logical step in this path, and it significantly strengthens our balance sheet.”

    Mr Jan Hofmann, President and head of business area APAC, said “Lujiazui International Trust has entrusted Outokumpu to operate the SKS mill and serve its customer base. At the same time, we continue to consequently execute our strategy in the region, focusing on providing specialty stainless steel products for the most demanding industrial sectors such as energy, chemical and plant engineering, where Outokumpu already has a strong position. In this context we will expand our regional R&D capabilities and further strengthen our segment specific business development through our wide regional sales and service center network.”

    Following the closing of the transaction, SKS will no longer be considered a subsidiary and Outokumpu ceases to consolidate SKS into its financial statements.

    Source : Strategic Research Institute
  6. forum rang 10 voda 27 oktober 2015 19:36
    Global stainless steel production in H1 of 2015 dips YoY

    The International Stainless Steel Forum has released figures for the first half year of 2015 showing that at 21.1 million tonnes stainless steel melt shop production decreased 0.7% YoY although production increased in the Americas and in China.

    Region H1'14 H1'15 YoY

    Western Europe/Africa 4,280 4,065 -5.00%

    Central/Eastern Europe 143 133 -7.00%

    The Americas 1,386 1,453 4.80%

    Asia (w/o China) 4,757 4,684 -1.50%

    China 10,687 10,759 0.70%

    Total 21,253 21,094 -0.70%


    Source: International Stainless Steel Forum (ISSF)
  7. forum rang 10 voda 27 oktober 2015 19:37
    Outokumpu appoints Mr Roeland Baan as President and CEO

    The Outokumpu Board of Directors has appointed Mr Roeland Baan as President and CEO of Outokumpu and the Chairman of the Leadership Team as of January 1, 2016. Mr Baan is currently the Executive Vice President and CEO of Aleris Europe and Asia.

    Source : Strategic Research Institute
    Bijlage:
  8. forum rang 10 voda 28 oktober 2015 16:37
    Russian export of stainless steel in August up by 30% MoM

    According to experts of the Spetsstal Association, the volume of Russian export of major products of stainless steel in August 2015 increased by 30.0%, compared to July, and amounted to 528 tons.

    Source : Strategic Research Institute
  9. forum rang 10 voda 3 november 2015 16:31
    Vooral Amerikanen gaan short in Nederland

    Gepubliceerd op 3 nov 2015 om 09:08 | Views: 6.089

    AMSTERDAM (AFN) - Het merendeel van de short-posities in Nederlandse beursgenoteerde bedrijven wordt door partijen uit de Verenigde Staten ingenomen. Dat meldde de Autoriteit Financiële Markten (AFM) dinsdag in een overzicht van de eerste drie jaar van zijn short sell-register.

    Sinds 1 november 2012 moeten marktpartijen hun netto shortpositie bij de AFM melden als die de grens van 0,5 procent overschrijdt, of als die vervolgens met minstens 0,1 procentpunt wordt uit- of afgebouwd. De AFM heeft in de afgelopen drie jaar één keer een bestuurlijke boete opgelegd vanwege een te late melding. In dat verband zijn 26 waarschuwingen uitgedeeld.

    Gemiddeld ontvangt de toezichthouder 25 meldingen per dag. Afgelopen zomer werd de tienduizendste melding ontvangen. Bijna de helft van de meldingsplichtigen beschikt over een netto short-positie in het aandelenkapitaal van één onderneming.
  11. forum rang 10 voda 6 november 2015 19:29
    Outokumpu appoints Mr Liam Bates as President and Head of Business Area Quarto Plate

    Outokumpu announced the appointment of Mr Liam Bates as the President and Head of Business Area Quarto Plate and member of the Outokumpu Leadership Team as of November 5, 2015. He will report to the CEO and will succeed Mr Kari Parvento who has decided to leave Outokumpu to pursue new opportunities.

    Mr Liam has been leading the Quarto Plate operations in Europe and the production unit in Degerfors, Sweden since September 2014. Prior to that, he has held several senior management positions in the company.

    Mr Reinhard Florey CFO and interim CEO of Outokumpu said “Liam has extensive industry and commercial experience. During the past year he has taken a firm lead on the quarto plate operations in Europe. I would like to thank Kari Parvento for his contribution in the ramp-ups of Ferrochrome, Coil Americas and Quarto Plate, and I wish him all the success for the future.”

    Mr Liam Bates said “I am honored to lead the Quarto Plate business, where Outokumpu has an industry-leading offering. I look forward to continuing the work to ensure we provide the best value to our customers and improve the Quarto Plate profitability.”

    Source : Strategic Research Institute
  12. forum rang 10 voda 9 november 2015 16:37
    Outokumpu report results for Q3

    Outokumpu’s underlying EBIT was EUR -67 million, compared to EUR -25 million in the second quarter of 2015. The decline in profitability was driven by weak markets and lower deliveries particularly in Coil EMEA, while Coil Americas’ profitability showed some improvement. Operating cash flow was EUR 67 million, and net debt was reduced by EUR 104 million.
    Stainless steel deliveries were 570,000 tonnes1) (II 2015: 616,000 tonnes).

    Underlying EBITDA 2) was EUR 13 million (II 2015: EUR 57 million) and underlying EBIT2) was EUR -67 million (II 2015: EUR -25 million). The decline was driven by lower delivery volumes, downward pressure on base prices and higher scrap costs.

    EBIT was EUR -77 million (II 2015: EUR -26 million). The net effect of raw material-related inventory and metal derivative gains/losses was EUR -8 million (II 2015: EUR -1 million). EBIT includes non-recurring items of EUR -2 million in the third quarter (II 2015: no non-recurring items).

    Operating cash flow was EUR 67 million (II 2015: EUR -41 million).

    Net debt decreased to EUR 2,012 million (June 30, 2015: EUR 2,116 million) and gearing was 96.5% (June 30, 2015: 96.4%).

    On September 30, Outokumpu announced the divestment of 50% stake in Fischer Mexicana joint venture for USD 63 million. The closing is expected in the fourth quarter of 2015.

    Mr Reinhard Florey, Outokumpu CFO and interim CEO “The stainless steel market was very difficult in the third quarter. In addition to the normal seasonal weakness, the market suffered from the extremely low nickel price: the 9,500 USD/tonne in August was the lowest in six years, and it has continued to trade around 10,000 USD/tonne since then. This showed as weak demand and continued destocking among distributors, even though the underlying end-customer demand has remained healthy in both Europe and the Americas. While destocking is expected to continue for the rest of the year, the strength of underlying demand gives us confidence in the eventual turn of the stock cycle. Our third-quarter operational performance was a clear disappointment. Due to the weak market and low volumes, Coil EMEA fell behind the targets. Coil Americas improved, but in the challenging market conditions the turnaround is slow. In Quarto Plate the pace of profitability improvements has not been sufficient at all. As a Group, we recorded an underlying EBIT loss of EUR -67 million compared to EUR -25 million in the second quarter. We estimate that the subdued market conditions will prevail for the rest of the year. Against this backdrop we estimate that the fourth-quarter delivery volumes will be on a similar level as in the third quarter, and the underlying EBIT to be still at a loss. Despite the challenging operating environment, we have decisively continued to streamline our costs, improve our operational efficiency and strengthen our financial position. We achieved a positive EBITDA and cash flows during the quarter. Our net debt came down to EUR 2.0 billion, gearing was stable at 96.5% and liquidity amounted to EUR 1.3 billion. All these are important for Outokumpu’s financial stability. As part of our deleveraging efforts, we continued to divest non-core assets. We have signed two agreements: one to divest our joint venture stake in Fischer Mexicana and the other to divest the 55% of our shares in the SKS mill in China. We expect to complete these transactions by the year-end and thereby significantly reduce our net debt and enhance financial stability further.”

    Source : Strategic Research Institute
  13. forum rang 10 voda 18 november 2015 16:44
    Outokumpu wins International Chromium Development Association’s Award on Safety

    International Chromium Development Association (ICDA) awarded Outokumpu’s operations in Kemi Mine, Finland, for the progress in safety improvements in contractors’ safety. The award is based on voting of ICDA member companies.

    Source : Strategic Research Institute
  14. forum rang 10 voda 19 november 2015 17:06
    Nog even het hele bericht. :-)

    Outokumpu wins International Chromium Development Association’s Award on Safety

    International Chromium Development Association (ICDA) awarded Outokumpu’s operations in Kemi Mine, Finland, for the progress in safety improvements in contractors’ safety. The award is based on voting of ICDA member companies.

    Mr Jyrki Salmi, head of Kemi Mine, said that “We are extremely pleased with ICDA’s recognition. This acknowledgement highlights Outokumpu’s long term safety effort and developments both in Kemi Mine and Tornio stainless steel plant. Around half of the personnel working daily at the Kemi Mine are contractor employees, and their participation on safety actions is 100%. Globally our target is to get every employee, whether our own or contractor’s, home safely every day. The bottom line is always ‘Safety first’.”

    Outokumpu Kemi Mine is the only operative chromite ore mine in the European Union. Production started in 1968 as an open pit, and currently all mining is underground. Total ore reserves are 48 million tonnes and mineral resources 100 million tonnes. Annual ore production in 2014 was 2.4 million tonnes. Ore is concentrated into upgraded lumpy ore and fine concentrate (1.1 million tonnes in 2014), which are raw materials for Outokumpu’s Ferrochrome Works in Tornio. Gravitational concentration is done without any chemicals.

    ICDA is an international non-profit association that promotes the value and sustainability of chromium and represents the chromium industry worldwide. The association has members from 26 countries across five continents and it is the authoritative voice of the industry, dealing with chromium in all its forms. The best safety cases of chrome industry are published in ICDA’s Safety First 2015 publication.
  17. forum rang 10 voda 26 november 2015 17:48
    quote:

    Ron starter schreef op 26 november 2015 10:36:

    Is er al bekend of, en wanneer Aperam weer dividend gaat uitkeren?
    Aperam gaat weer dividend uitkeren

    Donderdag 5 november 2015 19:02
    Door Levien de Feijter
    Van DOW JONES NIEUWSDIENST

    AMSTERDAM (Dow Jones)--Aperam sa (056997440.LU) gaat weer dividend uitkeren, omdat het bedrijf verwacht dat markten voor roestvast staal verbetering zullen tonen. De operationele winst in het derde kwartaal daalde echter ten opzichte van een jaar eerder door zwakke marktomstandigheden en een daling van de nikkelprijs.
    Aperam wil een dividend uitkeren over 2015 van EUR1,25 per aandeel en hoopt dit na verloop van tijd te verhogen als ook de winstgevendheid verbetert. In 2013 en 2014 keerde het concern geen dividend uit. "Hiermee willen we vertrouwen uitspreken in onze activiteiten richting onze aandeelhouders", zei bestuursvoorzitter Timoteo Di Maulo donderdag nabeurs in een telefonische toelichting op de kwartaalresultaten.
    In het afgelopen kwartaal boekte de onderneming een EBITDA resultaat van $108 miljoen, ten opzichte van $137 miljoen in dezelfde periode een jaar eerder. Onder aan de streep steeg de nettowinst tot $31 miljoen van $21 miljoen.
    De producent van roestvast staal, die in 2011 werd afgesplitst van ArcelorMittal, verwacht dat de operationele winst (EBITDA) in de laatste drie maanden van het jaar op hetzelfde niveau zal uitkomen als in het derde kwartaal. Kostenbesparingen blijven een belangrijke bijdrage leveren en hebben sinds de afsplitsing een totaal bedrag van $466 miljoen toegevoegd aan het EBITDA resultaat.
    De omzet daalde tot $1,113 miljard van $1,353 miljard een jaar terug.
    Analisten geraadpleegd door FactSet rekenden op een EBITDA van $112 miljoen en een omzet van $1,175 miljard.
    Een scherpe daling van de nikkelprijs en zwakke marktomstandigheden in Europa en Brazilie werden gecompenseerd met de kostenbesparingen. Nikkel is essentieel voor de productie van roestvast staal en wanneer de prijs daalt stellen klanten hun orders uit, in afwachting van een verdere daling.
    De Braziliaanse economie gaat een zwakke periode door en dit heeft ook impact op de activiteiten van Aperam. Dit heeft het concern echter goed kunnen opvangen, zo legde Di Maulo uit, omdat het bedrijf een sterke marktpositie heeft in het land en bovendien wordt geholpen door een zwakke reaal en protectionistische maatregelen die bescherming bieden tegen goedkope import uit China. Ook in Europa zijn sinds maart dit jaar protectionistische maatregelen in werking. Di Maulo zei dat de staalleveringen, elektrisch staal niet meegerekend, in Brazilie ten opzichte van een jaar eerder zijn toegenomen, wat hem vertrouwen in de toekomst geeft.
    Aperam leverde in totaal 455.000 ton staal af in het derde kwartaal, ten opzichte van 433.000 ton een jaar eerder.
    Het aandeel sloot donderdag, voor bekendmaking van de resultaten, op EUR27,91. Dit jaar tot nu toe is de koers met 13,5% gestegen.

    Door Levien de Feijter; Dow Jones Nieuwsdienst: +31-20-5715200; levien.defeijter@wsj.com

    (END) Dow Jones Newswires
    November 05, 2015 13:02 ET (18:02 GMT)

  18. forum rang 10 voda 27 november 2015 16:59
    Thickest austenitic stainless steel slab cast at AM Industeel in Belgium

    Thanks to this innovative Danieli technology, AM Industeel Belgium has produced a 355-mm-thick stainless steel slab. The world’s thickest stainless steel slab (355 mm) has been cast at AM Industeel Belgium.

    The renewed plant is designed to produce special steel grades (such as carbon–manganese HIC-S355, A387 chrome- molybdenum grades for boilers, HLE grades and stainless steel grades - austenitic 304 - 316 – duplex steels) in thicknesses up to 355 mm and widths of 2,200 mm.

    The equipment mainly comprises a mould fitted for casting 355 x 2,200-mm slab sizes, a segment 0, the modification of the existing caster segments including the supply of all related clamping cylinders and three horizontal withdrawal segments.

    In addition to the above, Danieli supplied the new segment support frames and removal guides for the new segments as well as the whole hydraulic system for segments 1 to 12.

    The plant upgrade also features Danieli Automation technological packages:
    > Q-CORE and Q-PULSE - dynamic soft reduction, hydraulically controlled via position transducer
    > Q-COOL – high-efficiency strand temperature control

    This revamping project allowed AM Industeel to increase its production capacity and broaden its product range to include larger sizes (up to 355-mm thickness and 2,200-mm width), and to enhance its product quality thanks to the newly installed soft reduction system.

    After the successful start-up and on-time completion of industrial commissioning, after just two months of full production, the first 355-mm austenitic stainless steel slab was cast (Steel grade 304 L), which represents the thickest stainless steel slab ever cast worldwide. Both revamping partners are proud of this world record and are now looking forward to new challenges.

    Source : Strategic Research Institute
    Bijlage:
  19. forum rang 10 voda 27 november 2015 17:00
    Outokumpu supplies stainless steel billets to Tubacex

    Outokumpu recently announced collaboration with Tubacex, a global leading stainless steel and high nickel alloys tubular solutions supplier. As part of the collaboration, Tubacex has used Outokumpu Therma 253 MA billets as starting material for production of seamless tubes optimized for very high service temperatures.

    Outokumpu Therma 253 MA (1.4835/S30815) is a stainless steel product developed by Outokumpu providing excellent oxidation and creep resistance in cyclic conditions that is best employed in temperatures up to 1150°C. There is a slight susceptibility to embrittlement during continuous operation at 600–850°C. The grade is available in coil, sheet, plate, bar, wire rod, semi-finished long products and pipes.

    Outokumpu material fulfilled the tough requirements of oxidation and erosion-corrosion resistance up to 1150°C. The grade also presents excellent mechanical strength at high temperatures.

    Tubacex produces hot and cold finished tubes for applications, among others, in the chemical, petrochemical and power generation industries. Production of high temperature seamless tubes is very demanding and the new product development required extensive cooperation between Tubacex and Outokumpu technical teams.

    Source : Strategic Research Institute
  20. forum rang 10 voda 1 december 2015 16:48
    Jindal Stainless defers plans to raise capital on weak market

    PTI reported that Jindal Stainless has no plans to raise capital through listing of its subsidiaries before March 2018, as the country's largest stainless steel maker is currently concentrating on financial and operational restructuring. The debt-laden company is in no hurry to list its subsidiaries - Jindal United Steel Ltd (JUSL) and Jindal Coke Ltd (JCL) – as it feels that it will not be able to realise the assets' real value in the prevailing market conditions.

    JSL Senior VP (Corporate Strategy) Mr Rajiv Rajvanshi told PTI "We are not planning to go to the market (IPO) in near future, one is that we are not geared. Let the emerging entities stabilise their operations and at an appropriate time whenever value is perceived, then we will hit the market.”

    Explaining the rationale, he said for the initial two and a half years, JUSL and JCL will be in project stage, so it does not make any sense in short term to go to the market. He said "Because if you go to the market, the market will not see any operations for the next two and a half years and they will not assign any value to this. So, I think once these firms start their operations, the project stage is finished then we hit the market for JUSL and JCL.”

    He added “Besides, promoters are infusing money into the projects to ensure that JSL succeeds with its financial re-engineering and operational restructuring. We are bringing INR 675 crore equity. Out of this, INR 100 crore will come in stainless steel, INR 500 crore in JUSL that family (Jindals) is bringing and INR 75 crore in coke oven.”

    He said "On coke oven as I had mentioned INR 200 crore is the cost of the second battery (setting up second oven), INR 75 crore promoter funding and INR 125 crore is debt.”

    He further said cold rolling facility is one of the platforms where the saleability of a product increases. So, hiving off some asset which is helping sales to grow is not advisable at this stage.

    Jindal Stainless (JSL) embarked on a financial re-engineering exercise by distributing the Rs 8,580-crore debt among four firms, which will help it in cutting down interest costs by over 3 per cent. It is also redistributing assets among three entities - JUSL, JCL and Jindal Stainless (Hisdar) Ltd (JSHL) - to leverage idle capacity as well as streamline operations and optimise production. JSHL will be listed and JSL's shareholders will be issued shares by JSHL as per the share entitlement ratio of 1:1.

    Source : PTI
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Aperam Nieuws

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  7. 17 apr Media: Biden wil heffing op Chinees staal verdrievoudigen
  8. 09 apr World Steel Organisation ziet vraag naar staal weer groeien
  9. 08 apr Deutsche Bank verlaagt koersdoel Aperam licht
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