ArcelorMittal LU1598757687

Arcelor Mittal Juli 2017 & Q2 cijfers

1. [verwijderd] 25 juli 2017 14:26

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   Aan het koersverloop te zien totaal geen enthousiaste cijfers.
2. jessebrown 25 juli 2017 14:31

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   Nucor CEO says the US is losing a 'trade war' in steel to 'predatory countries like China'
   "Mad Money" host Jim Cramer sits down with Nucor Chairman, President and CEO John Ferriola after the steelmaker's earnings report.
   Ferriola says that "predatory countries like China" are trumping the United States in an ongoing trade war over steel.
   The CEO says that the trade war threatens the manufacturing industry as a whole, not just steel producers.
   Elizabeth Gurdus | @elizabethgurdus
   13 Hours Ago
   CNBC.com
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   Nucor CEO: US losing 'trade war' in steel Nucor CEO: US losing 'trade war' in steel
   13 Hours Ago | 00:46
   As Washington lawmakers wrestle over health care, Nucor CEO John Ferriola sees a much more pressing issue at hand that affects more than just his steel-producing company.
   
   "There's no doubt we're in a trade war. We are losing that trade war. It is time to take action to support the American industry and the American people. And beyond just the steel industry, we're talking manufacturing as a whole," Ferriola told "Mad Money" host Jim Cramer on Monday. "Steel is the bedrock of manufacturing. Manufacturing is the bedrock of any strong economy."
   
   Ferriola said that because foreign competitors are motivated not by profits, but by employment, those countries are effectively trying to "export their unemployment" to the United States steel industry, hurting companies doing business stateside.
   
   Moreover, if those competitors' low-cost imports continue to pressure U.S. steel producers that supply materials for everything from tractors to appliances, Ferriola said they would eventually engulf the whole U.S. market.
   
   "There's no doubt, when you have predatory countries like China, as an example, they will take care of their own appliance [and] tractor industries in China before they worry about supplying steel to those American manufacturers here," the CEO said. "Steel is a raw material that's essential for all manufacturing. You want to make sure you have a strong steel industry to have a strong manufacturing industry."
   
   Despite these calls from high-profile steel CEOs like Ferriola, President Donald Trump has not yet been able to push through policy putting tariffs on steel imports.
   
   However, if the policy were passed, Ferriola said that Nucor and its peers would be able to unleash a whole new wave of improvements meant to boost business, which was slightly weak for Nucor, according to its second-quarter earnings report.
   
   "If you look at the last six, seven years, we've invested over $7 billion growing our company, and we're doing that in an environment where we're not sure we have a sustainable industry," Ferriola told Cramer. "Can you imagine the action that Nucor would take and others in our industry would take in growing our business, creating jobs, if we were assured of a sustainable environment in which we could operate our industry?"
3. Banks 25 juli 2017 14:35

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   Company Reports Net Income of $61.2 Million -- Best Second Quarter Since 2008
   
   WEST CHESTER, OH--(Marketwired - Jul 25, 2017) - AK Steel (NYSE: AKS) today reported its financial results for the second quarter of 2017.
   
   2nd Quarter 2017 Highlights
   •Net income of $61.2 million, or $0.19 per diluted share
   •Adjusted EBITDA of $142.0 million increased 43% from the second quarter 2016
   •Adjusted EBITDA margin improved to 9.1% from 6.7% in the second quarter 2016
   •Completed actions to reduce long-term debt by $130 million
   •Reached agreement to acquire Precision Partners; transaction closing expected in the third quarter
   
   AK Steel reported net income of $61.2 million, or $0.19 per diluted share of common stock, for the second quarter of 2017, compared to net income of $17.3 million, or $0.08 per diluted share, for the second quarter of 2016.
   
   ir.aksteel.com/press-releases/ak-stee...
   
4. Toekomstbeeld 25 juli 2017 14:36

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   quotes.wsj.com/AKS
   
   De pre koers van AK steel knalt 4% omhoog
   
   De cijfers
   
   ir.aksteel.com/press-releases/ak-stee...
5. Banks 25 juli 2017 14:37

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   quote:

   Banks schreef op 25 juli 2017 14:35:

   Company Reports Net Income of $61.2 Million -- Best Second Quarter Since 2008
   
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   WEST CHESTER, OH--(Marketwired - Jul 25, 2017) - AK Steel (NYSE: AKS) today reported its financial results for the second quarter of 2017.
   
   2nd Quarter 2017 Highlights
   •Net income of $61.2 million, or $0.19 per diluted share
   •Adjusted EBITDA of $142.0 million increased 43% from the second quarter 2016
   •Adjusted EBITDA margin improved to 9.1% from 6.7% in the second quarter 2016
   •Completed actions to reduce long-term debt by $130 million
   •Reached agreement to acquire Precision Partners; transaction closing expected in the third quarter
   
   AK Steel reported net income of $61.2 million, or $0.19 per diluted share of common stock, for the second quarter of 2017, compared to net income of $17.3 million, or $0.08 per diluted share, for the second quarter of 2016.
   
   ir.aksteel.com/press-releases/ak-stee...
   
   

   tov de verwachtingen:
   
   AK Steel Holding Corporation is expected* to report earnings on 07/25/2017 before market open. The report will be for the fiscal Quarter ending Jun 2017. According to Zacks Investment Research, based on 8 analysts' forecasts, the consensus EPS forecast for the quarter is $0.13. The reported EPS for the same quarter last year was $0.08.
6. Sjonnie2 25 juli 2017 14:39

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   AK Steel beats Street 2Q forecasts
   
   Associated Press Associated PressJuly 25, 2017Comment
   WEST CHESTER, Ohio (AP) _ AK Steel Holding Corp. (AKS) on Tuesday reported second-quarter profit of $61.2 million.
   
   On a per-share basis, the West Chester, Ohio-based company said it had profit of 19 cents.
   
   The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
   
   The steel producer posted revenue of $1.56 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.53 billion.
   
   AK Steel shares have dropped 41 percent since the beginning of the year. The stock has climbed slightly more than 9 percent in the last 12 months.
   
   _____
   
   This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AKS at www.zacks.com/ap/AKS
7. gpjf 25 juli 2017 14:40

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   Nou niet verkeerd zou ik dan zeggen, toch ? Begrijpelijk dat dan de pre koers sterk stijgt, nou straks ook nog eens met US steel
8. Toekomstbeeld 25 juli 2017 14:40

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   AK Steel duidelijk niet goed genoeg voor AM :-)
   
   Nu +6% in de pre
9. jessebrown 25 juli 2017 14:40

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   AK Steel Announces Financial Results for Second Quarter 2017
   
   Marketwired MarketwiredJuly 25, 2017Comment
   WEST CHESTER, OH--(Marketwired - Jul 25, 2017) - AK Steel ( NYSE : AKS ) today reported its financial results for the second quarter of 2017.
   
   2nd Quarter 2017 Highlights
   
   Net income of $61.2 million, or $0.19 per diluted share
   Adjusted EBITDA of $142.0 million increased 43% from the second quarter 2016
   Adjusted EBITDA margin improved to 9.1% from 6.7% in the second quarter 2016
   Completed actions to reduce long-term debt by $130 million
   Reached agreement to acquire Precision Partners; transaction closing expected in the third quarter
   AK Steel reported net income of $61.2 million, or $0.19 per diluted share of common stock, for the second quarter of 2017, compared to net income of $17.3 million, or $0.08 per diluted share, for the second quarter of 2016.
   
   The company's adjusted EBITDA (as defined in the "Non-GAAP Financial Measures" section below) of $142.0 million, or 9.1% of net sales, for the second quarter of 2017 increased 43% from adjusted EBITDA of $99.3 million, or 6.7% of net sales, for the year ago second quarter.
   
   "Our second quarter performance highlights the continued benefits achieved through the strategic initiatives implemented during the past year and a half," said Roger K. Newport, Chief Executive Officer of AK Steel. "We are executing on the strategy that we laid out in early 2016 as further evidenced by our pending acquisition of Precision Partners. This step strengthens our position as a provider of value-added materials and design solutions."
   
   Net sales increased 4% to $1.56 billion for the second quarter of 2017 from $1.49 billion for the second quarter of 2016. Second quarter shipments declined 6% to 1,465,200 tons compared to the second quarter a year ago, primarily as a result of a decrease in automotive demand. Average selling price per ton increased 11% to $1,058 from $957 in the same quarter a year ago, primarily as a result of a higher average selling price on both contract and spot market sales and higher surcharges on specialty steel products.
   
   The increase in net sales and our continued focus on cost management, partially offset by higher raw material and energy costs, contributed to the 43% increase in adjusted EBITDA to $142.0 million for the second quarter of 2017 from $99.3 million for the second quarter a year ago. Results for the second quarter of 2017 included a LIFO charge of $23.9 million, compared to a LIFO charge of $20.7 million in the second quarter a year ago. Costs for planned maintenance outages for the second quarter of 2017 were $22.4 million, as compared to $19.7 million from the same quarter a year ago. The recent second quarter includes $10.1 million of refundable state incentive credits for the 2015 and 2016 years that became realizable during the quarter.
   
   The company ended the second quarter of 2017 with total liquidity of approximately $1.4 billion, consisting of cash and cash equivalents and $1.3 billion of availability under the company's revolving credit facility.
   
   Six-Month Results
   For the first six months of 2017, the company reported net income of $123.7 million, or $0.38 per diluted share, compared to net income of $3.7 million, or $0.02 per diluted share, in the corresponding six months of 2016.
   
   Sales for the first six months of 2017 were $3.09 billion compared to sales of $3.01 billion in the same period a year ago. Shipments for the first half of 2017 were 2,952,100 tons compared to 3,213,700 tons in the first half of 2016. The reduction in shipments was primarily a result of continued efforts to reduce sales of lower margin products as well as a decrease in automotive demand. The company's average selling price for the first half of 2017 was $1,040 per ton, an increase from $935 per ton for the first half of 2016. The higher sales reflect an increase in average selling price on both contract and spot market sales, higher surcharges on specialty steel products, and an improved product mix.
   
   Adjusted EBITDA for the first six months of 2017 was $284.9 million, an increase of 58% over adjusted EBITDA of $180.4 million for the same period last year. The company's adjusted EBITDA margin as a percent of net sales improved to 9.2% for the first six months of 2017 from 6.0% for the same period a year ago. The improvement was principally driven by the company's strategy to focus on higher margin products, optimize its manufacturing footprint, and maintain its focus on cost control.
   
   The first half of 2017 included LIFO charges of $59.3 million, compared to LIFO charges of $8.4 million in the first half of 2016. The company recorded costs of $29.7 million during the first six months of 2017 for planned maintenance outages, compared to $23.1 million during the first six months of 2016.
10. [verwijderd] 25 juli 2017 14:41

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    AKS inmiddels PRE 5.6% up
11. [verwijderd] 25 juli 2017 14:42

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    quote:

    Toekomstbeeld schreef op 25 juli 2017 14:40:

    AK Steel duidelijk niet goed genoeg voor AM :-)
    
    Nu +6% in de pre
    

    idd :)
12. Sjonnie2 25 juli 2017 14:42

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    AK Steel Holding Corporation (AKS
    6.03-0.17 (-2.74%) At close: July 24 4:02PM EDT
    6.38 0.36 (5.98%) Pre-Market: 8:39AM EDT
13. gpjf 25 juli 2017 14:42

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    quote:

    Toekomstbeeld schreef op 25 juli 2017 14:40:

    AK Steel duidelijk niet goed genoeg voor AM :-)
    
    Nu +6% in de pre
    

    Ik begrijp het even niet ?
14. jessebrown 25 juli 2017 14:44

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    Net sales increased 4% to $1.56 billion for the second quarter of 2017 from $1.49 billion for the second quarter of 2016. Second quarter shipments declined 6% to 1,465,200 tons compared to the second quarter a year ago, primarily as a result of a decrease in automotive demand. Average selling price per ton increased 11% to $1,058 from $957 in the same quarter a year ago, primarily as a result of a higher average selling price on both contract and spot market sales and higher surcharges on specialty steel products.
    
    Ook AM zit sterk in automocive,behoorlijke terugval door zwakke auto verkopen.
15. Toekomstbeeld 25 juli 2017 14:49

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    quote:

    gpjf schreef op 25 juli 2017 14:42:

    [...]
    
    Ik begrijp het even niet ?
    

    Prima resultaten door AK steel....niets mis mee....zie de pré (al zegt dat bij AK Steel helemaal niets!)....
    
    Maar AM daalt een paar cent....maw, de cijfers van AK Steel zijn niet goed genoeg voor AM om de koers van AM hoger te zetten.....
    
    Zal te maken hebben weer met dat rottige zinnetje over de dalende Automotive demand.....
    
    
16. [verwijderd] 25 juli 2017 14:54

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    Als de automotive demand bij AK Steel minder is dan kan het best zijn dat die automotive sales bij AM beter is, nietwaar ?
    
    er staat niet dat de hele auto markt minder is , alleen de sales van AK Steel naar die auto markt is minder ....
    
    
17. Toekomstbeeld 25 juli 2017 14:54

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    quote:

    kusadasi schreef op 25 juli 2017 14:44:

    Net sales increased 4% to $1.56 billion for the second quarter of 2017 from $1.49 billion for the second quarter of 2016. Second quarter shipments declined 6% to 1,465,200 tons compared to the second quarter a year ago, primarily as a result of a decrease in automotive demand. Average selling price per ton increased 11% to $1,058 from $957 in the same quarter a year ago, primarily as a result of a higher average selling price on both contract and spot market sales and higher surcharges on specialty steel products.
    
    Ook AM zit sterk in automocive,behoorlijke terugval door zwakke auto verkopen.
    

    Ja dat zinnetje viel mij ook gelijk op.......echter datzelfde zinnetje stuurde AK Steel bij de Q1 resultaten ook de wereld in....ook toen hadden zij daar al last van.
    
    Bij de Q1 publicatie van AM zelf was er echter helemaal niets zichtbaar ve daling. Ter referentie:
    
    AM USA Q1 2017 5,610 miljoen ton staal. Tov Q1 2016 5,443 miljoen staal. Gewoon plus 3%.
    
    
18. blueisthecolour 25 juli 2017 15:09

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    De (automotive) markt van Mittal is ook groter. In ieder geval geen slecht nieuws...
19. gpjf 25 juli 2017 15:09

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    quote:

    FrankING schreef op 25 juli 2017 14:54:

    Als de automotive demand bij AK Steel minder is dan kan het best zijn dat die automotive sales bij AM beter is, nietwaar ?
    
    er staat niet dat de hele auto markt minder is , alleen de sales van AK Steel naar die auto markt is minder ....
    
    

    Precies
20. [verwijderd] 25 juli 2017 15:09

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    In tegenstelling tot het verleden heeft de AM-koers zich teruggetrokken vlak voor de cijfers. Voor mij is dat een zeer positief teken. BTW, ik ben nieuw hier, mijn porto: Long op: AEX, AM, ABN en Unilever.