Nieuws en info hier plaatsen (deel 4)

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PEASA Opens Fives OTO Tube Mill in Mexico

Productos Especializados de Acero inaugurated its brand-new tube plant equipped with a complete OTO tube mill from Fives on October 8, 2020 in San Luis Potosi in Mexico. The new plant is designed to produce cold drawing tubes from high yield material destined to various applications in the automotive industry. Cold drawing tubing is a challenging process due to precision tube complex specifications and tight diameter tolerances and welding quality for automotive applications. The OTO 606HQ mill is capable to process round tubes with high yield strength up to 900 MPa and with diameter thickness ratio of 6, mostly dedicated to the automotive industry.

The mill particularity is given by its extreme strength despite its compact design, and it is equipped with a quick change, and completed with a heavy-duty cut-off. The cut-off is fitted with a patented feature to utilize either a cold saw or friction saw technology with a simple change of the sawblade.

Source : STRATEGIC RESEARCH INSTITUTE
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NLMK Group Announces Financial Results for Q3 & 9M of 2020

NLMK Group announced that in Q3 2020 its revenue increased by 3% QoQ to USD 2.2 billion & EBITDA totalled USD 579 million down 1% QoQ. NLMK Group CFO Shamil Kurmashov said “In Q3 2020 global business activity began to recover gradually, driving an uptick in demand for steel in our traditional sales markets and an increase in steel product prices. Nonetheless, the growing amount of new COVID-19 cases in a number of regions in September and uncertainty about future measures aimed at countering the pandemic could slow the global economic recovery.”

Q3 2020 key highlights

Sales of steel products grew by 2% QoQ to 4.4 million tonnes. A 13% YoY reduction was due to a drop in prices for steel products and an increase in the share of semi-finished products in the sales mix.
An increase in sales, an improvement in the product portfolio structure, and the devaluation of the ruble offset the negative effect from production losses during the restoration of the conveyor gallery at Stoilensky in September 2020. EBITDA margin was 26%

Net profit increased 4-fold QoQ to USD 312 million against the low base of the previous quarter when investments in NBH were impaired (a non-cash transaction).

9M 2020 key highlights

Revenue decreased by 17% YoY to USD 6.9 billion due to the drop in steel product prices and the increase in the share of semi-finished products in total sales by 4 p.p. to 40%.

EBITDA decreased by 16% YoY to USD 1.8 billion, driven by the decrease in revenue. EBITDA margin was 26% (+1 p.p. YoY).

Net profit decreased by 40% YoY to USD 678 million, against the backdrop of lower revenue and the recognition of NBH investment impairment in the amount of USD 120 million in Q2 2020. Without taking this non-cash transaction into account, net profit would have totalled USD 798 million.

Source : STRATEGIC RESEARCH INSTITUTE
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Global Ferronickel to Build Steel Rebar Plant in Battan

Business News Asia reported that Philippines second-largest nickel ore producer Global Ferronickel Holdings Inc is scheduled to commence the construction of a USD 50 million Rebar Steel Rolling Plant in Mariveles in Bataan province on the Philippine Island of Luzon. Once commercial operations are underway in 2022, the facility is estimated to have an annual output of 600,000 tons of steel bars.

Global Ferronickel Holdings wanted to begin construction this year but it has been delayed due to the pandemic, specifically the imposed travel restrictions on technical experts are based abroad.

Source : BUSINESS NEWS ASIA
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KIC Metaliks Commissions MBF PCI System

OceanSpacesDurgapur based KIC Metaliks Ltd has commissioned a Pulverized Coal Injection system for the existing Mini Blast Furnace and a 25 square meter Annular Sinter Plant on October 20, 2020. After this expansion cum modernisation, the production capacity of the existing MBF will also increase from 165,000 tonnes per annum to 235,000 tonnes per annum

KIC Metaliks Limited produces Pig Iron with low sulphur and low phosphorus content due to use of superior iron ore and low ash coke suitable for the manufacture of all types of castings. It’s one of the leading suppliers of Pig Iron in eastern India.

Source : STRATEGIC RESEARCH INSTITUTE
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EC Starts Anti Dumping probe on Imports of Steel Wind Towers from China

The European Commission has received a complaint alleging that imports of steel wind towers, originating in the People’s Republic of China are being dumped and are thereby causing injury to the Union industry. The complaint was lodged on 9 September 2020 by the European Wind Tower Association, on behalf of producers representing more than 25 % of the total Union production of steel wind towers.

The product subject to this investigation is certain utility scale wind towers, whether or not tapered, and sections thereof, whether assembled or not. whether or not including an embedded tower foundation section, whether or not joined with nacelles or rotor blades, and that are designed to support the nacelle and rotor blades for use in wind turbines that have electrical power generation capacities - either in onshore or offshore applications - equal to or in excess of 1.00 megawatt and with a minimum height of 50 meters measured from the base of the tower to the bottom of the nacelle ie where the top of the tower and nacelle are joined, when fully assembled

The product allegedly being dumped is the product under investigation, originating in the People's Republic of China currently classified under CN codes ex 7 308 2000 (TARIC code 7308 20 00 11), ex 7308 90 98 (TARIC code 7308 90 98 11) and ex8502 31 00 (TARIC codes 8502 31 00 11 and 8502 31 00 85).

The investigation of dumping and injury will cover the period from 1 July 2019 to 30 June 2020. The examination of trends relevant for the assessment of injury will cover the period from 1 January 2017 to the end of the investigation period fthe period considered.

All interested parties wishing to submit information on the product scope must do so within 10 days of the date of publication of this Notice.

Source : STRATEGIC RESEARCH INSTITUTE
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20 Associations Urge Global Forum on Steel Excess Capacity to Expand Efforts to Address Growing Steel Crisis

Steel industry associations in the Americas, Europe, Asia and Africa renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity. Steel industries throughout the world expressed tremendous concern about the recent increase in steel overcapacity at a time when steel demand is severely depressed by the COVID-19 pandemic, reversing a trend of gradual decreases in overcapacity in the three years after the GFSEC was established. The associations noted the uneven state of recovery in macro-economic conditions and steel production across the world and are particularly concerned about a risk of potential destabilisation of international steel markets.

Steel industries commend the commitments taken by the members of the steel forum to create transparency in regional market and capacity evolutions and review capacity increases based on the agreed policy principles and recommendations set out in the Berlin Ministerial report.

However, the scale and persistence of excess capacity in the steel industry calls for more ambition in the transparency and policy-related work of the GFSEC.

The steel associations specifically call on participating governments of the forum to

Develop stronger disciplines on industrial subsidies and other support measures that contribute to excess capacity and distort markets

Uphold effective trade remedies to ensure a level playing field driven by market forces and fair trade

Deepen the analysis of the drivers of steel capacity expansions to expose subsidised or non-market driven investments

Make a reliable forecast for steel demand in the markets where investments are to be made

Add value to the transparency work by developing open communication and information to the public

Communicate to G20 Leaders on the need for expanded efforts to address the growing steel excess capacity crisis.

The steel associations also call on non-participating governments to resume active participation in the GFSEC’s work. Effectively addressing the global steel crisis is in the interest of all economies, steel producers, and steel consumers worldwide, and requires the active engagement of all G20 economies.

20 Associations - AISI, EUROFER, CSPA, CANACERO, SMA, Alacero, Brazil Steel Institute, JISF, Russian Steel, Turkish Steel Producers Association, ESTA, AMME, SAISI, KOSA, Ukrmetalurgprom, SSINA, CPTI, CFSBI, SEIFSA, Acero Argentino.

Source : STRATEGIC RESEARCH INSTITUTE
Bijlage:
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GFG Alliance Appoints Mr Premal Desai as Group COO Business Development

GFG Alliance has recently appointed Mr Premal Desai as its new Group Chief Operating Officer Business Development, starting January 1, 2021. Alongside the oversight and expansion of GFG Alliance’s global footprint, Mr Desai will focus on the sustainable transformation journey of the Group. Mr Desai has extensive experience in the European industry most notably in strategy, finance, operations and transformation. After 10 years at Boston Consulting Group he held several leadership positions at thyssenkrupp AG from 2006 to 2020, most recently as CFO and Executive Chairman of thyssenkrupp Steel.

GFG Alliance’s Executive Chairman Sanjeev Gupta said: “We are delighted to welcome Premal to our worldwide GFG family. With his many years of experience in senior positions across our sectors, Premal is ideally qualified to fill the role as COO Business Development, for our global group. His expertise and passion especially about sustainability and digital transformation will allow us to further expand and improve our businesses.”

Source : STRATEGIC RESEARCH INSTITUTE
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SAIL Highlights 2019-20 Performance at AGM

Addressing the shareholders of Steel Authority of India Ltd on Company’s 48th Annual General Meeting, Chairman Mr Anil Kumar Chaudhary said “COVID-19 Pandemic has impacted SAIL just as it has impacted every corporate across the country. SAIL has activated a scaled response for management of COVID-19 outbreak at Plants & Units and Townships. While fighting with the COVID-19 Pandemic on one hand, the Company ensured that the production continued in the Company in line with the market demand while making use of the time available to carry out planned repairs by preponing them from the original schedule.”

Despite challenging market conditions which saw the average Net Sales Realisation decline by 12% over the previous year, the determined efforts and strategic initiatives taken by SAIL saw the EBITDA in FY’20 rise by 9% to INR 11,199 crore, as against INR 10,283 Crore in FY’19. However, due to higher depreciation and finance cost, the Profit after Tax on standalone basis came down to INR 2,022 crore in FY’20 as against INR 2178 crore in the previous year FY’19. On a consolidated basis, the Profit after Tax stood at INR 2,121 crore for FY’20 as against INR 2348 crore in FY’19.

Some of the highlights were

Crude steel production - 16.155 million tonnes

Best ever Saleable Steel production as well as sales volumes at 15.083 million tonnes and 14.231 million tonnes respectively

Rails crossed the 1 million tonnes mark for the first time. The production at 1.285 million tonnes, the best ever, showed a growth of 30% over previous year

Company became the largest miner for steel making input minerals in the Country by mining 32.41 million tonnes of total minerals.

With quantum jump, SAIL achieved its highest ever exports at 1.18 million tonnes during the FY 2019-20 with substantial growth of over 54% over the previous year.

Source : STRATEGIC RESEARCH INSTITUTE
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LIBERTY Steel Restarts Adhunik Steel in India

LIBERTY Steel has restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steelfollowing the acquisition of the steel businesses in February 2020. The restart has been achieved in just six months following intensive work to prepare the site for their return to steelmaking operations after the previous owner fell into administration.

Adhunik is an integrated steel plant located at Chadrihariharpur near Rourkela in Odisha. The plant has sponge iron facility, blast furnace and electric arc furnace steel making capability with 0.5 million tonnes per annum capacity, ferroalloy plant and a 34MW captive power plant. The sites produce alloy steel products for the automotive, energy, engineering and oil & gas sectors besides participating in the commodity market of sponge iron and billets.

Source : STRATEGIC RESEARCH INSTITUTE
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JSW Steel Optimizes Slab Yard Utilization with SMS Digital’s Warehouse Management System

SMS Group’s digital subsidiary SMS digital has been awarded with the implementation of a new highly automated slab yard management system for JSW Steel Ltd, located in Dolvi in India. The X-Pact MES 4.0 Warehouse Management System will support the efficient use of limited-sized slab yard space and is an essential factor for a high utilization of the hot mill capacity. JSW is expanding their Dolvi works by additional 5 million tonnes per year capacity with a new steel melt shop, which JSW ordered from SMS group in the end of 2017 and is now under commissioning. A major advantage is the digital connection of third-party equipment to SMS digital’s Warehouse Management software.

Since the slab yard area at JSW is very limited, the Warehouse Management system will help to optimize space utilization with maximum efficiency. The innovative solution for warehousing and materials management is part of the support and optimization module of the production planning system X-Pact® MES 4.0, Manufacturing Execution System. With the MES 4.0 Warehouse Manager, the cranes, including electric overhead traveling cranes and semi gantry cranes, as well as the transport cars at JSW Dolvi will operate automatically, with maximum efficiency to enable optimum vertical networking of the production facilities and units along the whole process chain.

Available storage capacities within the slab yard can be identified quickly and efficiently. The Warehouse Manager can take the current warehousing and vehicle situation as well as the sequences of casters and hot mill into account and finds the optimum combination to determine the ideal transfer orders. Thus, JSW can reduce costs and increase throughput through optimal warehouse and transport management.

Source : STRATEGIC RESEARCH INSTITUTE
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MMK Group financial results for Q3 and 9M 2020

Russian steel maker PJSC Magnitogorsk Iron & Steel Works announced its financial results for Q3 and 9M 2020. MMK CEO Mr Pavel Shilyaev said “The gradual global economic recovery trend that emerged in mid-Q2 continued into Q3 amid vigorous efforts by national authorities around the globe. In Russia, for instance, the government quickly provided assistance to the sectors of economy most affected by the pandemic, as well as introduced measures to support real disposable household income to give the necessary impetus for further economic recovery despite the still looming threat of the COVID-19 pandemic. In this respect, I would like to stress that MMK maintains a strong focus on taking all necessary measures to protect the health of the Group's workers and employees and ensuring the continuity of all business processes.”

Q3 -MMK Group’s revenue increased by 23.4% QoQ to USD 1,565 million, which reflects a growth in sales volumes thanks to a recovery in business activity and a rise in steel prices due to positive market trends in Russia and globally. EBITDA for Q3 2020 amounted to USD 350 million, up 54.9% q-o-q, reflecting the improving market environment in Q3 and a significant growth in the share of higher-margin domestic sales. EBITDA margin increased by 4.6 pp to 22.4%. Despite a rouble devaluation in Q3, net profit was up by 75.9% q-o-q to USD 102 million.

9M - MMK Group’s revenue declined by 22.3% YoY to USD 4,543 million due to the challenging market situation and the reconstruction of Hot-Rolling Mill 2500. EBITDA decreased by 30.4% YoY to USD 1,018 million following the overall slowdown in business activity and correction in global steel prices driven by the spread of the pandemic. EBITDA margin was down by 2.6 pp to 22.4%. Net profit declined by 62.1% YoY to USD 291 million, mainly due to worsening market conditions and the growing foreign exchange losses driven by rouble devaluation.

Source : STRATEGIC RESEARCH INSTITUTE
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ExOne to Develop Novel High-Strength Steel for United States Air Force

Global leader in industrial sand and metal 3D printers using binder jetting technology ExOne Company announced that it was recently awarded a contract to develop binder jet manufacturing processes for a novel steel alloy for the United States Air Force Research Laboratory. Awarded by the National Center for Defense Manufacturing and Machining on September 1, the contract aims to develop and qualify AF-9628, a high-strength steel developed by the Air Force, for binder jet 3D printing.

AF-9628 is currently manufactured with both traditional and additive methods, such as laser powder bed fusion. Parts additively manufactured with AF-9628 are about 20 percent stronger than conventional AM alloys, in terms of ultimate tensile strength, the Air Force reports. However, binder jet 3D printing provides an opportunity to additively manufacture parts with this alloy at a much lower cost.

Binder jet 3D printing transforms powdered materials, metal, sand or ceramic, into dense and functional precision parts at high speeds. An industrial printhead selectively deposits a binder into a bed of powder particles creating a solid part one thin layer at a time. The technology is viewed as a desirable and sustainable production method, largely because of its high speed, relatively low cost and material flexibility. ExOne has qualified more than 20 materials for its patented binder jetting process.

Source : STRATEGIC RESEARCH INSTITUTE
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Kakogawa Works of Kobe Steel Awards FAC for CPL to Primetals Technologies

In June 2020, Primetals Technologies received the final acceptance certificate for revamping No 2 continuous pickling line for Kakogawa Works of Kobe Steel, Ltd. An iBox replaced the existing pickling tank, and it demonstrated the improved productivity of high-strength strips for automobiles, saving of energy, and reduction of acid solution consumption in operation after the revamping work completion. In the revamping work, a polypropylene iBox superior in chemical resistance and in retaining heat replaced the existing shallow tank consisting of acid-resistant bricks and steel plates, and acid solution storage tanks were added with incidental fittings. The iBox has immersion boxes inside through which strips travel guided by rolls and skids. This pickling process uses the strong shear flow generated by the narrow and rectangular channel the immersion boxes form to accelerate the acid-liquid reaction without an electric pump required to circulate the acid solution in conventional jet pickling tanks.

This is a continuous pickling line that pickles hot-rolled strips of 1.8-6 mm in thickness and 600-1,650 mm in width, at the maximum central speed of 240 m/min, and a maximum throughput of about 300 tonnes per hour.

Primetals Technologies proposed its iBox to revamp the No. 2 continuous pickling plant that had been operating at Kakogawa Steel Works since 1981 and was awarded the order in April 2018.

Source : STRATEGIC RESEARCH INSTITUTE
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BlueScope Expects 30% Increase in Underlying EBIT in H1

BlueScope advised that it expects underlying earnings before interest and tax of around AUD 340 million for 1H FY2021, an increase of around 30 per cent over 2H FY2020. BlueScope Managing Director and CEO Mark Vassella said "Despite the global disruption caused by COVID-19, we've had a solid performance from all of our operating segments for the three months to 30 September. This is a clear demonstration of the effectiveness of BlueScope's strategy and the resilience of our asset portfolio. Benchmark steel spreads have improved and demand in most of our markets is robust. This has been supported by current strength in alterations and additions activity, demand for detached housing, rapid growth in e-commerce and logistics, and the recovery of the US automotive industry, which is a key end-market for North Star. Our major investment project at North Star is on track, Group cash flow remains robust and the balance sheet is in excellent condition.”

Nonetheless, there remains uncertainty in the current environment given the risks of:
The evolving impact of COVID-19, and the potential for second and third waves, which could disrupt demand, supply chains and operations; and
Broader macroeconomic weakness dampening demand

Australian Steel Products is expected to deliver a slightly better result than 2H FY2020. Domestic demand has continued to be strong driven by the construction and distribution segments. With improvements in East Asian spot steel prices in recent months, realised steel spreads are improving during the half compared to our expectations. The contribution from export coke remains elevated and is expected to be similar to 2H FY2020.

In the US, North Star continues to despatch at full capacity with automotive volumes normalising across the half. Since the end of 2H FY2020, realised steel spreads have bottomed and are improving driven by a significant increase in benchmark Midwest hot rolled coil prices in recent months. Given usual pricing lags in the sales mix, 1H FY2021 underlying EBIT is expected to be lower than 2H FY2020.

With generally robust demand across its markets following interruptions last half from COVID-19, the Building Products Asia & North America segment is expected to deliver a considerably better performance than 2H FY2020. The outlook for ASEAN and India has improved significantly, although remains subject to the risk of disruption to operations and supply chains from further COVID-19 impacts. The North America business is on track to deliver a performance similar to 2H FY2020 and we expect China to deliver a similar performance to 1H FY2020 on favourable seasonality.

Buildings North America: The core engineered buildings business is performing better than our initial expectations and is on track to deliver a similar result to 2H FY2020. We continue to expect a higher contribution from BlueScope Properties compared to last half.

New Zealand and Pacific Islands’ performance is improving on 2H FY2020, primarily due a return to normal operations post-COVID and strength in domestic demand. The segment will also record a lower depreciation and amortisation charge than 2H FY2020 following the asset write-down.

Expectations are subject to macroeconomic, spread, foreign exchange and market conditions - including potential impacts from COVID-19.

Source : STRATEGIC RESEARCH INSTITUTE
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Voestalpine Announces Write Offs at Texas & Tubulars

The Management Board of voestalpine AG announced the need for a non-recurring write off at voestalpine Texas during the current business year 2020/21 due to impairment of assets. The reevaluation is primarily a consequence of the COVID-19 pandemic and necessary adjustments to this company’s expected mid-term results. The direct reduction plant which went into full scale operation in 2017 produces around two million tons of sponge iron annually, a sophisticated pre-material used in steel production by customers around the world. Since 2019, the HBI plant has been particularly severely affected by the high prices for iron ore, and low prices for scrap. The global iron ore price is primarily influenced by growing demand from China, while in the rest of the world the scrap price remains low. This decoupling is leading to price ratios for iron ore and scrap of a scale hitherto unknown, which in turn is impacting HBI demand and prices. Unscheduled write offs for the HBI plant have already been made, in the BY 2019/20.

Company write offs of a smaller scale will also be made at voestalpine Tubulars. The voestalpine production site in Kindberg, Austria, is particularly affected by the punitive tariffs imposed on European steel and aluminum products by the US administration in 2018 Section 232. As protectionist US trade policy is expected to result in an indefinite period of trade barriers, a further write off is planned in addition to the unscheduled write off made in the BY 2019/20. voestalpine Tubulars is specialized in the production of highly resilient seamless tubes for the global oil and gas industry and exports over half of its output to the USA.

The voestalpine operating result for the current business year (2020/21) appears to be developing positively. Due to current improvements in the macroeconomic environment, assuming no further restrictions such as COVID-19 lockdowns ordered by the government and the uncertainty they generate, the Management Board currently expects an EBITDA of between EUR 800 million to EUR 1 billion. In June the forecast EBITDA was between EUR 600 million and EUR 1 billion.

Source : STRATEGIC RESEARCH INSTITUTE
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Mondiale staalproductie verder gestegen

FONDS KOERS VERSCHIL VERSCHIL % BEURS
ArcelorMittal
12,456 0,002 0,02 % Euronext Amsterdam
Bekaert
20,40 0,00 0,00 % Euronext Brussel

(ABM FN-Dow Jones) De mondiale staalproductie is in september op jaarbasis gestegen, vooral door een forse toename in China. Dit maakte de Worldsteel Association vrijdag bekend.

In totaal produceerden de 64 aangesloten landen in september 156,4 miljoen ton staal, een stijging van 2,9 procent op jaarbasis. In augustus was er sprake van een kleine groei, terwijl er in juli en juni een forse daling te zien was.

In China, wereldwijd met afstand de grootste fabrikant van staal, steeg de productie in september met 10,9 procent tot 92,6 miljoen ton.

In de Verenigde Staten daalde de productie daarentegen met 18,5 procent tot 5,7 miljoen ton en de Japanse productie daalde zelfs met 19,3 procent tot 6,5 miljoen ton.

In Duitsland daalde de productie ook, met 9,7 procent, terwijl de productie in Frankrijk en Spanje daalde met respectievelijk 20,1 procent en 20,7 procent.

In Turkije steeg de staalproductie wel, met 18,0 procent op jaarbasis.

Door de problemen rond de coronapandemie zijn de cijfers aan verandering onderhevig, waarschuwde de Worldsteel Association.

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

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'Zweden azen op Tata Steel IJmuiden'

Gepubliceerd op 26 oktober 2020 07:38 | Views: 520

ArcelorMittal 23 okt
12,45 0,00 (0,00%)

IJMUIDEN (AFN) - De Zweedse staalmaker SSAB zou de Nederlandse tak van Tata Steel Europe willen inlijven. Dat meldt het Duitse Handelsblatt op basis van bronnen. De Zweden zouden in eerste instantie in de markt zijn voor de staalactiviteiten van Thyssenkrupp. Omdat daar meer kapers voor op de kust zijn, zou SSAB als plan B zijn blik op IJmuiden hebben gericht.

SSAB zou geen interesse hebben in de Britse activiteiten van Tata Steel Europe. Eerder gingen geruchten rond dat SSAB heel Tata Steel Europe in zou willen lijven.

De situatie in de Europese staalindustrie is niet al te rooskleurig. Hoewel de wereldwijde vraag naar het materiaal aanhoudend stijgt, daalt de verkoop in Europa. De meeste landen hebben niet zoveel bouwstaal nodig als China of India, omdat ze hun infrastructuur grotendeels hebben gemoderniseerd. Bovendien verplaatsen steeds meer auto- en machinefabrikanten hun fabrieken naar buiten Europa. Daardoor is de afgelopen jaren een enorme overcapaciteit ontstaan, die de concurrentie tussen bedrijven aanwakkert.

Moeizame marktomstandigheden

Het komt er volgens Handelsblatt op neer dat alle smelterijen momenteel in het rood staan. Aangezien een herstel niet in zicht is, zijn verschillende partijen begonnen met gesprekken over consolidatie. Tata Steel zag vorig jaar nog een fusie van de Europese staalactiviteiten met die van Thyssenkrupp stuklopen, door bezwaren van de Europese Commissie.

Staalmakers gaan verder ook gebukt onder de coronacrisis en de moeizame marktomstandigheden in de staalindustrie door de virusuitbraak. Tata Steel was vooralsnog niet bereikbaar voor commentaar. Tegen Handelsblatt weigerde het bedrijf een reactie te geven op de geruchten.
Stokely
0
quote:

voda schreef op 26 oktober 2020 08:07:


'Zweden azen op Tata Steel IJmuiden'

Gepubliceerd op 26 oktober 2020 07:38 | Views: 520

ArcelorMittal 23 okt
12,45 0,00 (0,00%)

IJMUIDEN (AFN) - De Zweedse staalmaker SSAB zou de Nederlandse tak van Tata Steel Europe willen inlijven. Dat meldt het Duitse Handelsblatt op basis van bronnen. De Zweden zouden in eerste instantie in de markt zijn voor de staalactiviteiten van Thyssenkrupp. Omdat daar meer kapers voor op de kust zijn, zou SSAB als plan B zijn blik op IJmuiden hebben gericht.

SSAB zou geen interesse hebben in de Britse activiteiten van Tata Steel Europe. Eerder gingen geruchten rond dat SSAB heel Tata Steel Europe in zou willen lijven.

De situatie in de Europese staalindustrie is niet al te rooskleurig. Hoewel de wereldwijde vraag naar het materiaal aanhoudend stijgt, daalt de verkoop in Europa. De meeste landen hebben niet zoveel bouwstaal nodig als China of India, omdat ze hun infrastructuur grotendeels hebben gemoderniseerd. Bovendien verplaatsen steeds meer auto- en machinefabrikanten hun fabrieken naar buiten Europa. Daardoor is de afgelopen jaren een enorme overcapaciteit ontstaan, die de concurrentie tussen bedrijven aanwakkert.

Moeizame marktomstandigheden

Het komt er volgens Handelsblatt op neer dat alle smelterijen momenteel in het rood staan. Aangezien een herstel niet in zicht is, zijn verschillende partijen begonnen met gesprekken over consolidatie. Tata Steel zag vorig jaar nog een fusie van de Europese staalactiviteiten met die van Thyssenkrupp stuklopen, door bezwaren van de Europese Commissie.

Staalmakers gaan verder ook gebukt onder de coronacrisis en de moeizame marktomstandigheden in de staalindustrie door de virusuitbraak. Tata Steel was vooralsnog niet bereikbaar voor commentaar. Tegen Handelsblatt weigerde het bedrijf een reactie te geven op de geruchten.

Abtje, bedankt voor al je info weer de laatste dagen.
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Tata Steel Zwijndrecht Tube Mill for Automotive Industry

Tata Steel’s tubes operation in Zwijndrecht in the Netherlands has installed custom made and fully automated equipment designed to produce steel tubes for car suspension parts. The GBP 1.8 million cutting, profiling and beveling machine is able to precisely cut and shape safety critical steel tubes used to make parts known as twist-beam axels used in many modern cars.

With the addition of the new equipment Tata Steel has already secured orders from important European car makers and will be able to better serve other automotive customers.

Source : STRATEGIC RESEARCH INSTITUTE
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Nucor Breaks Ground on New Steel Plate Mill in Brandenburg

Nucor Corporation broke ground on a new USD 1.7 billion .2 million tons steel plate manufacturing mill in the Buttermilk Falls Industrial Park in Brandenburg in Meade County in Kentucty last Friday. The mill is expected to open in 2022.

Kentucty Governor Andy Beshear said “Nucor Steel Brandenburg will be a difference-maker for its employees, their families, and the economy of Meade County and the surrounding region. Nucor already stands as a major employer in the commonwealth, and its continued growth helps build a brighter and better Kentucky for our families. I’m grateful to Nucor and anticipate many years of continued success and partnership between Nucor and Kentucky.”

During construction, the project is expected to employ up to 1,500 contractors. According to Nucor executives, the average annual compensation for 400 full-time jobs will be USD 72,000 a year. Positions will include equipment operators, production specialists, safety and environmental technicians, engineers, and office support staff. Executives say they expect the project also will create an average of 960 temporary construction jobs, peaking at 1,500.

Source : STRATEGIC RESEARCH INSTITUTE
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