ArcelorMittal LU1598757687

Arcelor maart 2023

1. voda 9 maart 2023 06:12

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   Brandenburg's PM Mr. Woidke Visits ArcelorMittal Eisenhüttenstadt
   
   Strategic Research Institute
   Published on :
   9 Mar, 2023, 5:53 am
   
   Brandenburg's Prime Minister Mr. Dietmar Woidke recently visited ArcelorMittal Eisenhüttenstadt in Germany to discuss the transformation of the steel industry and made a commitment to the location. Mr. Woidke exchanged views with the management, the works council and IG Metall about the current status of the planning.
   
   A technology change is needed to decarbonize steel production in the future, the first step is to shut down one blast furnace each from ArcelorMittal in Bremen and Eisenhüttenstadt follow. The Eisenhüttenstadt site will then receive from a natural gas based direct reduction plant at the Bremen plant the precursor sponge iron, which is converted into quality steel from Eisenhüttenstadt in two new electric arc furnaces with scrap is merged. In the second step, it is planned to build an industrial direct reduction plant in Eisenhüttenstadt as well to be built.
   
   The new plants will be operated permanently with green hydrogen and electricity from renewable sources become. ArcelorMittal is currently awaiting approval from the European Commission for subsidies that support the construction of the new facilities.
   
   ArcelorMittal Eisenhüttenstadt, started in 1950s as the former Eisenhüttenkombinat Ost, is now part of ArcelorMittal. Around 2,700 employees produce in the integrated steel mill consisting of from pig iron plant, converter steelworks, hot and cold rolling mill high-quality flat steel products for customers of automotive, household appliances and construction industries, which are mainly located in Eastern and Central Europe. In 2022, ArcelorMittal Eisenhüttenstadt produced 1.5M ton of flat steel.

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2. Putman 9 maart 2023 15:02

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   Dag allen, zien jullie AM binnenkort weer terugvallen rond 25-26 range? Al ruim 10 jaar lang komt het aandeel nooit echt voorbij de 35+ EU. Kan iemand daar een verklaring voor geven? Ik koop zelf namelijk af en toe calls om telkens de stijging mee te pakken richting 30-31 en volg ook de staalprijs om te kijken waar het aandeel heen gaat. Wel een leuk aandeel voor zulke ritjes.
3. voda 10 maart 2023 06:20

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   Beursupdate: AEX op Wall Street
   
   Door ABM Financial News op donderdag 9 maart 2023
   Views: 6.139
   
   (ABM FN-Dow Jones) Op Wall Street zijn donderdag alle acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten.
   
   Aegon (-2,54%)
   ArcelorMittal (-1,67%)
   ASML (-2,32%)
   ING Groep (-2,03%)
   Philips (-1,71%)
   RELX (-0,61%)
   Royal Dutch Shell (-1,13%)
   Unilever (-0,59%)
   
   Euro/dollar: 1,0578
   
   Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 753,20 punten, zijn geëindigd op 746,43 punten.
   
   Bron: ABM Financial News
4. christo1 10 maart 2023 06:36

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   De overname van csp door arcelormittal is nu officieel bevestigd.
   
   Maar dit was door ons reeds geweten, zal op korte termijn niet veel aan de koers doen wegens algemene toestand op de financiële markten maar op de lange termijn wel.
   
   09 March 2023 22:15 CET
   
   ArcelorMittal completes acquisition of CSP in Brazil
   ArcelorMittal (the ‘Company’) announces that following receipt of customary regulatory approvals it has completed the acquisition of Companhia Siderúrgica do Pecém (‘CSP’) in Brazil for an enterprise value of approximately $2.2 billion.
   
   CSP is a world-class operation, producing high-quality slab at a globally competitive cost. Its facility, located in the state of Ceará in northeast Brazil was commissioned in 2016. It operates a three million tonne capacity blast furnace and has access via conveyors to the Port of Pecém, a large-scale, deep-water port located 10 kilometers from the plant.
   
   The acquisition offers significant operational and financial synergies and brings with it the potential for further expansions, such as the option to add primary steelmaking capacity (including direct reduced iron) and rolling and finishing capacity. Given its location, CSP also presents an opportunity to create a new low-carbon steelmaking hub, capitalising on the state of Ceará’s ambition to develop a low-cost green hydrogen hub in Pecém.
   
   Commenting, ArcelorMittal CEO Aditya Mittal said:
   
   “This is a very exciting strategic acquisition for ArcelorMittal. It enables us to capture steel demand growth through the addition of high-quality, cost-competitive slab capacity providing optionality to sell either intra-group or to the North and South American markets. Over the long-term we also have the option to increase its capacity and add finishing facilities, while there is a clear path to decarbonise the asset given the renewable energy investments being made in the state of Ceará.
   
   “I would like to welcome all CSP employees to ArcelorMittal and thank our internal team that worked on the transaction and integration planning. I am confident that CSP and our existing Brazilian business will make a compelling combination.”
5. voda 10 maart 2023 07:50

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   ArcelorMittal CEO says decarbonization would raise steel prices as much as 20%
   
   Mar. 09, 2023 4:53 PM ET ArcelorMittal S.A. (MT)By: Carl Surran, SA News Editor3 Comments
   ArcelorMittal Merger Creates Major Steel Company
   Mark Renders/Getty Images News
   
   Stripping out carbon from steel production would drive up prices by 10%-20%, potentially invalidating green producers' business model, ArcelorMittal (NYSE:MT) CEO Aditya Mittal said Thursday.
   
   "The cost to decarbonize steel is not so prohibitive, so the system could take it," the CEO said at a World Trade Organization event, according to Reuters, but 10%-20% for the steel industry is a lot because we have low margins... If someone comes in and undercuts, and then steel companies which are producing decarbonized steel will not have a viable business mode."
   
   Separately, ArcelorMittal (MT) said it has completed the acquisition of Companhia Siderúrgica do Pecém in Brazil for an enterprise value of ~$2.2B.
   
   ArcelorMittal (MT) has said the deal will expand its position in the high-growth Brazilian steel industry and add 3M metric tons of high-quality and cost-competitive slab capacity.
   
   Now Read: ArcelorMittal eyes April restart of idled French blast furnace
   
   seekingalpha.com/news/3946224-arcelor...
6. voda 10 maart 2023 17:50

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   Hoe deed Arcelor het deze week t.o.v. de andere AEX fondsen? (-6.31%)

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7. voda 10 maart 2023 17:50

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   En de maandstaat: (+5.21%)

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8. voda 10 maart 2023 17:51

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   En de YTD staat: (+15.93%)

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9. Octavia 2 10 maart 2023 19:21

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   AB voor jouw berichten Hans
10. voda 11 maart 2023 08:25

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    Beursupdate: AEX op Wall Street
    
    Door ABM Financial News op vrijdag 10 maart 2023
    Views: 6.355
    
    (ABM FN-Dow Jones) Op Wall Street zijn vrijdag alle acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten.
    
    Aegon (-2,79%)
    ArcelorMittal (-2,29%)
    ASML (-2,17%)
    ING Groep (-1,92%)
    Philips (-1,74%)
    RELX (-1,08%)
    Royal Dutch Shell (-1,61%)
    Unilever (-0,53%)
    
    Euro/dollar: 1,0640
    
    Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 743,03 punten, zijn geëindigd op 735,51 punten.
    
    Bron: ABM Financial News
11. voda 14 maart 2023 06:00

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    Beursupdate: AEX op Wall Street
    
    Door ABM Financial News op maandag 13 maart 2023
    Views: 9.772
    
    (ABM FN-Dow Jones) Op Wall Street zijn maandag alle acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten.
    
    Aegon (-1,46%)
    ArcelorMittal (-1,21%)
    ASML (-0,24%)
    ING Groep (-1,22%)
    Philips (-0,07%)
    RELX (-0,03%)
    Royal Dutch Shell (-0,38%)
    Unilever (-0,22%)
    
    Euro/dollar: 1,0730
    
    Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 727,25 punten, zijn geëindigd op 724,53 punten.
    
    Bron: ABM Financial News
12. voda 14 maart 2023 06:18

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    ArcelorMittal Becomes Official Partner of Paris 2024 Olympic & Paralympic Games
    
    ArcelorMittal, a leading player in the steel industry, has recently announced its partnership with the Paris 2024 Olympic and Paralympic Games as an Official Partner. Utilizing its expertise and innovative capabilities, ArcelorMittal will be responsible for producing several significant icons of the Paris 2024 Games, including the Olympic and Paralympic torches and cauldrons, as well as the iconic steel rings and agitos that will be prominently displayed throughout the host city. In keeping with its commitment to sustainability, ArcelorMittal will manufacture these symbols using low CO2 footprint steel, further showcasing their dedication to environmentally conscious practices.
    
    ArcelorMittal will manufacture the Olympic torches which will bring the sacred fire from Olympia to Paris after going through France for 2 months, and the Paralympic torches which will be used for the relay from Stoke Mandeville to Paris. ArcelorMittal will also manufacture the Olympic and Paralympic cauldrons which will be lit during the opening ceremonies and will shine throughout the Paris 2024 Games, along with the large rings and agitos which will be installed in the host city, in locations to be disclosed in 2024.
    
    The steel torches and cauldrons produced by ArcelorMittal, the design of which will be revealed later this year, will have a low CO2 footprint, for instance through the use of recycled steel or low carbon energy, thus contributing to the Paris 2024 Olympic and Paralympic Games environmental ambition. ArcelorMittal will draw on its expertise in the decarbonisation of steelmaking, using its strong track record in R&D, its technological edge, and the skills of its teams.
13. 03har 14 maart 2023 11:28

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    quote:

    lefreaks schreef op 4 maart 2023 14:04:

    [...]
    O3har heeft het liever niet..., maar ik volg deze staal ETF al langere tijd: www.cnbc.com/quotes/SLX
    Als de staalprijzen geriuime tijd stijgen (zie o.a. de laatste 5 dagen) dan stijgt AM vrijwel gegarandeerd mee. De ETF volgt natuurlijk de staalprijzen en niet andersom, maar het is een goede graadmeter én realtime. Deze ETF staat nu boven de 70, net als in april 2022 en toen stond AM ook boven de 30 euro. Voorlopig zie ik AM nog wel iets verder stijgen ondanks rente en/of inflatie. Als deze laatste onder controle zijn, verwacht ik er nog wel enkele euro's bij... ;-))
    

    Ik ben nog niet echt overtuigt, eft staat nu op 62 dat is flink lager in plaats van hoger.
    
    03haR
14. lefreaks 14 maart 2023 14:14

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    quote:

    03har schreef op 14 maart 2023 11:28:

    [...]
    
    Ik ben nog niet echt overtuigt, eft staat nu op 62 dat is flink lager in plaats van hoger.
    
    03haR
    

    Dat klopt O3haR, sinds ik dat schreef is die ETF ruim 10% gedaald. En dat komt volgens mij, omdat de koers van Arcelor van boven de 30 euro naar ca. 27 euro is gedaald: ook ruim 10%.
    Maar inmiddels al weer flink aan het stijgen. ;-))
15. lefreaks 14 maart 2023 16:53

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    Over de periode van 6 maart tot en met 10 maart 2023 werden in totaal 1.626.773 aandelen gekocht tegen een gewogen gemiddelde prijs van 29,458 EUR. De gedetailleerde verklaring van deze aankoop is beschikbaar via de volgende link: PDF . Daarmee behaalde het bedrijf 76,81% van zijn totale doelstelling van US$ 1,4 miljard.
    
    corporate.arcelormittal.com/investors...
16. christo1 14 maart 2023 20:10

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    En ondertussen stijgen de staalprijzen in de US wederom, in de EU ook maar minder snel.
    
    www.argusmedia.com/en/news/2428642-cl...
    
    www.argusmedia.com/en/news/2428822-nu...
    
    en dit is ook wat positief nieuws voor Europese fabrikanten.
    
    www.argusmedia.com/en/news/2428446-us...
    
    www.argusmedia.com/en/news/2429118-eu...
17. voda 15 maart 2023 06:41

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    Beursupdate: AEX op Wall Street
    
    Door ABM Financial News op dinsdag 14 maart 2023
    Views: 7.214
    
    (ABM FN-Dow Jones) Op Wall Street zijn dinsdag vier van de acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten.
    
    Aegon (-2,01%)
    ArcelorMittal (-0,73%)
    ASML (+0,26%)
    ING Groep (-0,87%)
    Philips (+0,21%)
    RELX (+0,41%)
    Royal Dutch Shell (-1,39%)
    Unilever (+0,18%)
    
    Euro/dollar: 1,0739
    
    Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 737,52 punten, zijn geëindigd op 734,80 punten.
    
    Bron: ABM Financial News
18. voda 15 maart 2023 08:47

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    HBIS Serbia to Restart Smederevo BF No 1
    
    HBIS Group Serbia Iron & Steel, a Serbian steelmaker owned by Chinese company Hebei Iron & Steel Group, is set to restart its blast furnace No. 1 at the Smederevo plant by the end of this week, as reported by Steel Orbis. The furnace has an annual capacity of 900,000 metric tons but was temporarily shut down in July 2022 due to weak steel demand, lower prices, and high costs.
    
    Following the recovery of benchmark HR steel prices to €800 per metric ton from their earlier dip to around €600, several European steel producers have restarted their idled blast furnaces. These producers had earlier shut down their furnaces and reduced production due to lower demand and higher energy costs. Five blast furnaces have already been restarted, with two more planned to resume production soon.
    
    The restarted blast furnaces include:
    1. BF 3 at ArcelorMittal Dabrowa Gornicza in Poland
    2. BF A at ArcelorMittal Gijon in Spain
    3. BF 2 at Dunaferr in Hungary
    4. BF at SSAB Raahe in Finland
    5. BFs at US Steel Kosice in Slovakia
    In addition, Liberty Galati's blast furnace in Romania is to restart in March, while ArcelorMittal Fos-sur-Mer's furnace in France is planned to resume production in April.
    
    However, following BFs remain idled
    1. ArcelorMittal Sestao in Spain
    2. Liberty Ostrava in Czech Republic
    3. Salzgitter in Spain
19. voda 15 maart 2023 08:51

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    German Labor Minister Mr Heil Visits ArcelorMittal Eisenhüttenstadt
    
    During a recent visit to ArcelorMittal Eisenhüttenstadt, Germany's Federal Minister of Labor, Mr. Hubertus Heil, met with Mr. Reiner Blaschek, CEO of ArcelorMittal Germany and Chairman of the Board of Management for the company's production plants in Bremen and Eisenhüttenstadt. He was joined by the Labor Directors, Works Council, and representatives from IG Metall to discuss the implementation of social transformation initiatives at these sites.
    
    During the meeting, Mr. Blaschek updated Mr. Heil on the company's strategy, stating that “Dual vocational training and dual courses of study are instrumental in our efforts to prepare for the ongoing transformation. To ensure future success, we need to urgently recruit more skilled professionals. Legislative initiatives on immigration could be a solution. We're making significant investments in future technologies at both locations and our clear location concepts offer prospects not just for our employees, but also for partner and supplier companies. Our employees are integral to our transformation strategy, and we plan to take all necessary measures collectively through agreements that secure our future.”
    
    Mr. Heil commented on the significance of the steel industry in Germany, stating that "The steel industry plays a crucial role in our country. The plans presented by ArcelorMittal to decarbonize steel production are both impressive and challenging. Additionally, I'm pleased to see that the company recognizes the value of investing in education and training as a way to secure skilled workers. This approach benefits both parties ArcelorMittal gains access to top-notch professionals who are essential for meeting the challenges of the future, while employees feel valued and supported in their personal and professional growth."
20. voda 15 maart 2023 08:53

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    ArcelorMittal Temirtau Deputy GD Mr. Shahab Included in Investors Council
    
    With over 25 years of experience in commercial and business transformation across various markets in Europe, the CIS, Southeast Asia, the Middle East, and China, Mr. Shahab Hussein has been appointed as a member of the Executive Committee of the Association Kazakhstan Investors Council. As the First Deputy General Director of ArcelorMittal Temirtau, his inclusion aims to provide organizational, coordinating, information and technical support to foreign members of the Council in fulfilling their role as advisers and consultants to the President and the Government of the Republic of Kazakhstan on investment policy. Mr. Shahab's expertise includes market processing, strategy execution, asset restructuring, and the development of customer-oriented strategies.
    
    Mr. Shahab's career began in international sales at INDALCO, where he worked for several years before joining ArcelorMittal in 2002 as a marketing director for Macedonia. He continued to advance in the company, eventually becoming the Managing Director for the sale of long sections to the Czech Republic at ArcelorMittal Ostrava in 2009. Over the years, he held various senior commercial positions, including serving on the regional boards of directors of ArcelorMittal Europe. Before joining the CIS leadership group in 2020, he briefly worked for the Private Equity Group GFG as the director of marketing and a member of the Board of Directors of Ostrava-based Company of Free Steel, as well as a member of the Board of Directors for operations in the Czech Republic and Germany. Throughout his career, Mr. Shahab has accumulated over 25 years of experience in commercial and business transformation, including market processing, strategy execution, asset restructuring, and developing customer-oriented strategies in numerous markets across Europe, the CIS, Southeast Asia, the Middle East, and China.
    
    Mr. Shahab received his bachelor's degree in Mathematics & English Translation from The University of Lakhnau, and his master's degree in International Business from The Delhi University of Economics. He also completed the executive management program at the London Business School and the INSEAD diploma program on the best strategy of industrial marketing.