Eurobench.com

voda 14 mei 2019 14:29

0

AISI update on raw steel production in US in Week 19

In the week ending on May 11, 2019, domestic raw steel production was 1,927,000 net tons while the capability utilization rate was 82.8%. Production was 1,808,000 net tons in the week ending May 11, 2018 while the capability utilization then was 77.1%. The current week production represents a 6.6% increase from the same period in the previous year. Production for the week ending May 11, 2019 is up 0.6% from the previous week ending May 4, 2019 when production was 1,915,000 net tons and the rate of capability utilization was 82.3%.

Adjusted year-to-date production through May 11, 2019 was 35,625,000 net tons, at a capability utilization rate of 81.8%. That is up 6.6% from the 33,417,000 net tons during the same period last year, when the capability utilization rate was 76.6%.

Broken down by districts, here's production for the week ending May 11, 2019 in thousands of net tons: North East: 201; Great Lakes: 735; Midwest: 191; Southern: 722 and Western: 78 for a total of 1927.

Source : Strategic Research Institute

voda 14 mei 2019 14:32

0

Poland's Cognor contracts Fives for furnace renovation

Polish steel producer Cognor SA contracted Fives to implement a challenging project the renovation of a reheating pusher furnace at its Krakow plant. The steelmaker was looking to improve furnace performance, both in terms of production availability and operational cost reduction. The existing furnace, with an initial production capacity of 90 tons per hour, is integrated into a rolling mill producing merchant bars and rebars. Over the past years, the plant experienced difficulties sustainably operating the furnace at the designed production rate. The furnace has also required frequent maintenance and consumed gas excessively. The project faced a technical constraint: a furnace foundation could not be modified. Therefore, furnace dimensions have to remoin the same. Fives was the only company capable of offering its proprielary technology to sustain production capacity at the reduced operational cosls with the same footprint.

In order to significantly improve furnace performance, Fives will use its proprietary combustion system -AdvanTek® technology. The AdvanTek® technology fully separates the burner capacity control and the flame length control. It is also the only combustion technology that operates the burners at the optimum capacity at ony production rate and operating conditions.

As a result of this renovation, the pusher furnace capacity will be sustained at the designed level. The operational costs will decrease thanks to a 25% reduction in fuel consumption and a 40% decrease in scale. The scope of work also includes repairs of the refractories and steel structures of the soaking zone.

The site work is planned to start in March 2020 with the first hot product being scheduled in the second quarter of 2020. The project will be executed by a Fives' subsidiary in Spain, which historically specializes in long product thermal solutions worldwide. Recently, its offering has been expanded through the acquisition of certain activities of RDI-Met, a subsidiary of Fagor Arrasate (Spain), and today it covers mechanical engineering for strip processing lines, including coating lines.

Source : Strategic Research Institute

voda 14 mei 2019 14:33

0

Government to form panel to make steel available for engineering exports

Indian Express reported that government has decided to set up a committee under the Director General of Foreign Trade to look into the availability of steel at competitive prices for engineering goods exporters. An official said that "The committee will submit its report to steel and commerce ministries within two months. It will suggest measures which will be a win-win situation for both steel producers and engineering exporters.”

Engineering goods exporters are demanding that they should get steel at global prices as domestic rates are higher. However, steel producers state that freight charges and cost of production are high in the country, which push up prices.

The decision to set up the committee, which will also have members from the engineering sector, was taken during a meeting last week between the senior officials of steel and commerce ministries and exporters.

In that meeting, engineering players said steel should be made available at competitive rates so that outbound shipments can be pushed further. Another official said that if steel prices are "so high, then how are engineering exports recording healthy growth rate".

The country's engineering exports rose by 6.36% to USD 83.7 billion in 2018-19 from USD 78.7 billion in 2017-18.

These exports account for over 25% of the country's total merchandise exports, which stood at USD 331 billion last fiscal.

Shipments to North America and Europe constitute about 40% of the total engineering exports.

Engineering exports include transport equipment, capital goods, other machinery/equipment and light engineering products like castings, forgings and fasteners.

According to a report of the World Steel Association, India's crude steel production in 2018 was at 106.5 million tonnes, up by 4.9 per cent from 101.5 million tonnes in 2017. Since 2011-12, India's exports have been hovering at around USD 300 billion.

During 2017-18, the shipments aggregated at USD 303 billion. Promoting exports helps a country to create jobs, boost manufacturing and earn more foreign exchange.

Source : Indian Express

voda 14 mei 2019 14:34

0

Iran to add 10 million tonne steel capacity by March 2020

Tehran Times quoted Iran’s Deputy Industry, Mining and Trade Minister Jafar Sarqini as saying that Iran will inaugurate steel projects with the capacity of at least 10 million tonnes during the current Iranian calendar year (ends on March 19, 2020).

Also, Ardeshir Sa’d Mohammadi, a deputy director in Iranian Mines and Mining Industries Development and Renovation Organization, has recently announced that the country’s crude steel production capacity will increase by 25 million tonnes within the next four years.

Source : Tehran Times

voda 14 mei 2019 14:34

0

Thyssenkrupp to seek new steel partners for European merger with Tata Steel - CEO

Thyssenkrupp will still seek partners for its steel operations after abandoning a European merger with Tata Steel, Chief Executive Mr Guido Kerkhoff said in comments published on Sunday. Mr Kerkhoff ditched a restructuring plan on Friday, in which the merger was a key part, and resolved instead to transform the steel-to-submarines group into a holding company and list its profitable elevators business. He has since agreed on a way forward with labour unions for his new strategy, which foresees 6,000 job cuts, about 4% of the Thyssenkrupp workforce. The blueprint will go to a supervisory board vote on 21 May. Thyssenkrupp abandoned its long-planned merger of its steel business with the European operations of Tata Steel, which would have created the region’s Number 2 producer after ArcelorMittal, due to opposition from European Union regulators.

Mr Kerkhoff told the Handelsblatt business daily’s online edition that “Of course, with steel, we are looking to see what other consolidation options there are. But with the current position of the European Commission, I don’t see the possibility of bigger mergers. As a result, we will remain the majority shareholder.”

Mr Kerkhoff told Handelsblatt that “We will get cracking on that as quickly as possible and then see what the right moment is.”

Thyssenkrupp, which has warned it would report negative cash flow this year, is seeking a financial shot in the arm from the partial float of its elevators division.

Asked whether investors could expect a special dividend from the float’s proceeds, Mr Kerkhoff said that “We want to strengthen the balance sheet of Thyssenkrupp to gain more room for manoeuvre on the restructuring. That has absolute priority.”

Source : First Post

voda 14 mei 2019 14:36

0

Arcelor-Mittal’s production cut to affect Gijon & Aviles ports

PortSEurope reported that the production cut of 700,000 tonnes that ArcelorMittal will apply in the factories of Asturias will be accompanied by redundancy schemes. But in addition, it will have effects outside the steelworks. The most immediate will be in the ports of Gijón and Avilés. The planned cut in the blast furnaces of Gijón and the steel mill of Avilés is equivalent to 16% of the annual steel production of ArcelorMittal in Asturias, a rate that if transferred to the shipments and landings of raw materials and products related to the steel company, equivalent to 112 ships that will stop using the docks of the ports of Gijón and Avilés every year.

The management of ArcelorMittal has not yet announced when it will begin to implement the announced plan to cut production in Europe, which also affects the Krakow factory in Poland and Taranto in Italy. However, in the meeting that the management of the company held with trade unions the company reported that the production cuts in Asturias will be taken into account this month when planning raw materials supply for the third quarter.

In Gijón, more than 44% of the traffic is linked to the activity of the Arcelor-Mittal factories. In 2017, of the 14.5 million tonnes that were handled in the solid bulk terminal (EBHI), 9.1 million corresponded to Arcelor-Mittal. Another 562,511 tonnes are corresponding to general cargo moved in the terminal that Arcelor-Mittal has in El Espigón 1, bringing the total to more than 9.6 million tonnes without taking into account some products that are shipped in containers – like wire rod for French tyre factories. If the expected cut in production of 16% is transferred to these goods, more than 1.5 million tonnes would disappear.

Source : PortSEurope

Bijlage:

voda 14 mei 2019 14:37

0

USD 15 billion investments underway in India’s steel sector - NMDC CMD

Mr N Baijendra Kumar, CMD of NMDC while addressing the Iron Ore Week at Singapore, said that India’s domestic steel production and demand are expected to grow at 6%-7%, at a time when production and consumption in major countries such as China, Japan and the EU nations is likely to stagnate in the near future. He said “India is at the bright spot in steel world as the government push on infrastructure sector will ensure that target set in the steel policy 2017 will be achieved. The per capita consumption of steel, steel production capacity are increasing in line to meet the National Steel Policy target of 300 million tonnes by FY31.”

He said “Currently, about USD 14-15 billion worth of investments are underway in the steel sector that would substantially increase the country’s steel-making capacity. NMDC is fully geared to meet the increased iron ore demand, and is investing in mines and evacuation to augment capacity to almost double in the next three to four years. NMDC is India’s largest producer of iron ore and 10th largest in the world. It has the best quality ore with highest Fe content in the world, and more than adequate reserves to cater to India’s enhanced needs.”

Incidentally, NMDC has earmarked Rs 3,000 crore as capex for this year, and has set a production target of 31 million tonne without Donimalai mine. For FY19, the production is 32.5 million tonne.

Source : Financial Express

voda 14 mei 2019 14:38

0

CSN nearing sale of German unit - CEO

Reuters reported that Brazilian steelmaker Companhia Siderurgica Nacional said on Thursday it is still in talks for a SD 500 million iron ore streaming deal and is close to reaching an agreement to sell its German unit. CEO Mr Benjamin Steinbruch said that he is pushing for the right price to sell the German unit, which is key to hitting a debt reduction target by the end of the year.

Despite weaker first-quarter results, Steinbruch said CSN was sticking with a plan to cut its ratio of debt to earnings before interest, taxes, depreciation and amortization from four at the end of March to three in December and the sale of the German unit will help to achieve that goal. Mr Steinbruch said “Talks are advanced, but there is still no agreement on price. We'll sell if we reach the price we want."

Source : Reuters

voda 14 mei 2019 14:43

0

Rentel offshore wind farm based on steel from Dillinger

The largest turbines installed so far in the Belgian North Sea are based on steel from Dillinger: At water depths of 22 to 36 meters, the 55,000 tonnes of thermomechanically rolled heavy plate in the form of monopile foundations weighing up to 1,250 metric tons ensure that the Rentel offshore wind farm is standing securely. Heavy plate from Dillinger (1,150 tons of thermomechanically rolled plate in thicknesses from 30 to 100 mm) is also contained in the monopile foundation of the farm’s electrical substation, which converts the voltage from 33 to 225 KV before the generated current is fed back to the on-shore power grid through an underwater cable.

The wind farm is located about 40 km north of Ostend in the Belgian part of the North Sea and covers an area of 22.72 km². It consists of 42 wind turbines with an output of 7.35 MW each. With a total installed capacity of 309 MW, Rentel can supply around 285,000 Belgian households with green electricity – and thereby significantly help achieve Belgian and European climate targets.

The masts, weighing 470 metric tons each, rise 106 meters above the water’s surface. The nacelles, 20 meters long and 6 meters wide, are equivalent in size to two standard houses. Each blade weighs nearly 30 metric tons, is at least 75 meters long and up to 5 meters wide, which is one and a half times the length of an Olympic pool. With a diameter of 154 meters, the rotor covers a swept area of 18,600 square meters – equivalent to the wing span of two Airbus A380s. In sum, the total weight of a single wind turbine (tower + nacelle + rotor) amounts to approximately 950 metric tons. When the foundation is included, a turbine reaches a height of almost 200 meters, which is twice the height of the Atomium and more than one and a half times that of the Cathedral of Antwerp.

Source : Strategic Research Institute

Bijlage:

voda 14 mei 2019 14:45

0

GMS Market Commentary on Shipbreaking in Week 19 - DECLINE AND FALL!

The first signs of decline have started to set in on the industry, ahead of the traditionally quieter monsoon season that’s just around the corner. For some time now, there has been the lingering anticipation that the Bangladeshi market is due for a period on the sidelines, as a result of over extending themselves on the multitude of high-priced vessels sold for recycling so far this year. The Bangladeshi budget is also due on June 13th, 2019 with rumors around new duties / taxes on the domestic steel sector making the rounds, which in turn has led to increased nerves and reduced / minimal offerings on any working vessels that may arrive after or close to this date.

On the other side, the Indian market endured another harrowing week with both local steel plate prices and the Indian Rupee registering noteworthy declines over the course of the week, subsequently carving out a new reality on pricing for vessels being negotiated.

Pakistani Recyclers have virtually remained out of the buying, although they may be pleased to see that declining offerings from competing neighbors may inadvertently drop them back into the game, especially if the current trend persists much longer.

On the global end, the recently resurfaced US – China tariff squabbles have also done little to reduce Recycler (especially Indian) anxieties as stock markets endured another turbulent week as well. All of this leaves the Indian subcontinent markets in a precarious position, heading into the traditionally quieter monsoon / summer months.

For the time being however, the supply of tonnage and whether Owners will keep chasing the market down, remains the big question, given that charter rates – particularly across the beleaguered dry bulk (and to a certain (lesser) extent now, container sector) - continue to struggle.

Finally, Turkey, like India, suffered through declines in local steel plate prices and the currency as well, as its local offerings deteriorate in kind.

Source : Strategic Research Institute

voda 14 mei 2019 14:46

0

100 workers likely to laid off at Avonmore steel processing plant

WTAE reported that more than 100 employees are set to be laid off from a steel processing plant in Avonmore, Westmoreland County. Ampco-Pittsburgh officials said excess capacity and high operating costs have forced the company to permanently close the facility. A company spokesperson told Pittsburgh's Action News 4 the goal is to close the Akers facility and ultimately sell it.

Avonmore Mayor Paula Jones worked at the plant and said the loss of more than 100 jobs is difficult on the town. She said that "A lot of people in the area have had their whole family work there, so it's real heartbreaking."

Ampco-Pittsburgh purchased the facility in 2017. A spokesperson said that “As previously stated in our Press Release of May 10, 2019, excess capacity and high operating costs in our cast roll business have made operation of the Avonmore facility untenable. It is with regret that we are forced to close this facility which will impact the lives of many loyal, long-term employees of Akers National Roll Company.”

According to a letter sent to the Avonmore mayor, the company plans to begin letting employees go in July and the plant is set to close by the end of September.

Source : WTAE

voda 14 mei 2019 14:46

0

Iran to maintain positive trade balance in steel sector - IMIDRO

Trend reported that Mr Khodadad Gharibpour, Deputy Minister of Industry, Mine & Trade of Iran and Head of Iranian Mines & Mining Industries Development & Renovation Organization said that in the current Iranian year (started on March 21, 2019), exports of Iran's steel sector will reach USD 3.5 billion and imports in this sector will amount to USD 3.3 billion, so the country's trade balance in sector will be positive

The Deputy Minister noted that currency related issues in the extractive sector will be addressed.

Source : Trend

voda 14 mei 2019 14:47

0

7 galvanized steel firms shut down in Nigeria - GISMA

Daily Trust Galvanized Iron and Steel Manufacturing Association reported that 7 steel companies with annual production capacity of 1 million tonnes have shut down in Nigeria within the last three years. GISMA official, AlhajI Bello Mohammed, said steel industries in Nigeria would soon collapse as the textile industry did with attendant millions of direct and indirect job losses if the increasing smuggling remained unchecked by assigned government agencies.

He noted that since there is no effective clamp down on the smugglers by the Federal government, activities of the smugglers have been emboldened and more daring as they now use the Free Trade Zones where their products in containers are not formally inspected by assigned regulatory authorities. He said “They also have scattered all over notorious warehouses that they use as bridges between the Free Trade Zones and the various markets nationwide.”

He added that the smugglers do not pay statutory fees thereby defrauding the government of billions of revenue thus an act of economy sabotage.

Mohammed called on Federal Government through the office of the Vice President to quickly set up Special anti-smuggling task force saddled with responsibility to put a final stop to the smuggling of roofing sheets into the country.

Source : Daily Trust

voda 14 mei 2019 14:47

0

GMS Market Commentary on Shipbreaking in BANGLADESH in Week 19 - STUFFED!

The appetite for pre-budget vessels has now markedly deteriorated in Chattogram asmost yards have now filled themselves with a healthy majority of high-prices market vessels that were committed for recycling over the past few months and this trend seems to continue on. This week, some interesting news emerged regarding an older ‘en bloc’ sale of a Navios controlled, 2001 built damaged VLCC and a 2000 built Capesize bulker, both of which were reportedly committed at a healthy equivalent of USD 25 million (about USD 435/LT LDT).

The VLCC SHINYO OCEAN (38,220 LDT) was committed basis an ‘as is’ Fujairah delivery whilst the Cape NAVIOS EQUATOR PROSPER (21,740 LDT) was fixed basis an ‘as is’ Singapore delivery (adding to the 20 odd Capesize bulkers sold for recycling thus far this year).

As monsoon, a looming budget and ever-looming pre-budget rumors of increasing taxes and duties make the rounds, local Recyclers turn increasingly cautious and hesitant to bid on any tonnage that is giving a delivery schedule after (or very close to) the budget date of June 13.

As such, a weakening local interest may not entirely be a bad thing as over 180,000
Tons of LDT were beached this week alone, something that is likely to keep
Bangladeshi Recyclers, busy in the months ahead.

Source : Strategic Research Institute

voda 14 mei 2019 15:54

0

Vale CFO says hopes to return to 400 million tonnes annual output in 2-3 years

Reuters quoted Brazilian miner Vale SA’s chief financial officer as saying that the company could restore production to a level of 400 million tonnes of iron ore within two to three years after a deadly dam burst curtailed activity at several mines. CFO Mr Luciano Siani said that quickly restarting production was not the company’s top priority after the Brumadinho disaster, for which the company was forced to take nearly USD 5 billion in writedowns in the first quarter.

He told “We’re not in a hurry. We’re working together with prosecutors and the authorities with a common objective: making sure that there won’t be any kind of resumption until there is absolute safety.”

When asked about dividends on a conference call with analysts, Siani also said investor payouts were not a priority at the moment.

Source : Reuters

voda 15 mei 2019 12:50

0

Salzgitter voorzichtig positief over boekjaar

Gepubliceerd op 15 mei 2019 om 09:04 | Views: 1.128

ArcelorMittal 12:33
14,84 -0,54 (-3,52%)

SALZGITTER (AFN/BLOOMBERG) - Salzgitter ziet in het eerste kwartaal aanwijzingen dat zijn jaarresultaten aan de hoge kant van een eerder afgegeven prognose uit zullen komen. Het Duitse staalbedrijf gaf eerder een bandbreedte voor zijn winst voor belastingen af van tussen de 125 miljoen euro en 175 miljoen euro.

Marktverslechteringen kunnen de onderneming evenwel nog parten spelen, zoals een verdere escalatie van handelsvetes. Daarom is het volgens het bedrijf nog te vroeg voor een nog concretere doelstelling.

In het eerste kwartaal voerde Salzgitter zijn nettowinst op tot 96,7 miljoen euro, tegenover 65,2 miljoen euro een jaar eerder. Het resultaat kreeg onder meer een zetje van een opwaardering van het belang dat Salzgitter heeft in producent van onder meer koper Aurubis. De omzet van Salzgitter bleef vrijwel gelijk op een kleine 2,3 miljard euro, terwijl de hoeveelheid geproduceerd staal afnam.

voda 15 mei 2019 14:36

0

Tata Steel Port Talbot steelworks in peril – Report

The DailyMail reported that the future of the Port Talbot steelworks has been thrown into doubt as Tata Steel and Thyssenkrupp prepare to abandon their plans to merge. Mr Roy Rickhuss, general secretary of the steelworkers' union Community, said the news raises as many questions as answers and urged against knee-jerk reactions. He said “Now is the time for calm heads and a clear focus on the future of Tata Steel Europe. It's vital that the business is kept intact and the right steps are taken to safeguard jobs and continue investment to ensure a sustainable future.”

Tata Steel, which operates the Port Talbot steelworks and employs around 8,600 workers in the UK, said all options are on the table for its European business. However, it plans to operate the South Wales site as usual for now, and said there will be no immediate job cuts.

Source : The Daily Mail

voda 15 mei 2019 14:37

0

Chinese crude steel output hits record high in April

Argus Media reported that China's crude steel output reached a record high in April as an uptick in prices and profits prompted mills to crank up production. April crude steel production was higher by 5.85% on the month and by 12.7% YoY at 85.03 million tonne, according to the national bureau of statistics data. The previous record was 82.55 million tonne in October 2018.

Daily crude steel output in April was 2.83 million tonne compared with 2.59 million tonne in March.

Cumulative crude steel output increased by 10.1% to 314.96 million tonne during January to April.

Monthly pig iron ore output rose by 10.1% on the year to 69.83 million tonne, while cumulative output was higher by 9.6% at 262.65 million tonne.

Construction work picked up pace in April ahead of the onset of hot and wet season in south China this month. Robust growth in real estate investments has also supported steel market sentiment. Mill margins may take a dent this month as construction demand has slowed, while the US-China trade war has added to anxiety about China's economic outlook. Steel production restrictions in Tangshan city to curb emissions this month may also slow production, although the implementation of these curbs is seen as lax by steel market participants.

China's overall manufacturing output growth slowed to 5.4% YoY in April, down from 8.5% in March. Cumulative January to April output growth was at 6.2%. The key steel consuming sectors of auto and equipment manufacturing posted sluggish growth of 1.1% and 2%, respectively, in April, but other transportation manufacturing, such as railway, shipbuilding and aerospace, grew by 5.8%.

Real estate investment grew at a scorching pace of 11.9% in January to April compared with a 9.5% growth in 2018. New project starts grew by 13.1% during this period.

A robust real estate sector will continue to offer strong support for steel and iron ore prices in the near term, much as it has done since 2016. Construction consumes more than 60% of China's steel output.

But real estate sales declined by 0.3% in area terms for January-April but posted an 8.1% growth in yuan terms, indicating a sharp jump in property prices, which is positive for future project starts and steel demand. Housing inventories fell by 9.4% on the year in area terms.

Infrastructure investment growth in January to April was unchanged from January to March at 4.4%. Infrastructure investment growth has so far not shown any sharp acceleration this year. This is despite Beijing's goal of spurring infrastructure building through the issuance of special bonds to provinces for projects and announcement of several urban and transport infrastructure projects over the past few months.

Source : Argus Media

voda 15 mei 2019 14:39

0

EZZSTEEL reports FY 2018 results

EZZ Steel, the largest independent producer of steel in the MENA region and market leader in Egypt, announced its consolidated results for the 12 month period ending 31 December 2018. Mr Paul Chekaiban, Chairman and Managing Director of ezzsteel, said In 2018 Ezzsteel achieved a long overdue operational turnaround registering all-time records in the following fundamental items:

Production: 4.9 million tons of fully integrated finished steel products

Turnover: 49 billion Egyptian Pounds in global sales

Gross Profit: 5.6 billion Egyptian Pounds of operational margin

Such outstanding industrial performance allowed us to partially mitigate the severe adverse circumstances that we had to face during the year:

We suffered from a free fall in the selling prices of our finished products due to the lack of adequate response by the Egyptian Authorities to the unfair and unlawful trade tariffs imposed on steel products by most countries.

We also had to bear detrimental costs of energy and funding due to the exceptionally restrictive economic policy applied by the Egyptian Authorities.

These factors translated into a consolidated bottom line loss comparable to the one generated in 2017.

In the coming periods we expect the Egyptian Authorities to take the appropriate measures in order to alleviate the unfair and adverse circumstances affecting our company, allowing us to fully benefit from the continued improvement of our operational performance.

Voor cijfers, zie pdf.

Source : Strategic Research Institute

Bijlage:

voda 15 mei 2019 14:40

0

Zimbabwe government targeting 2 million tonnes carbon & stainless steel

Herald reported that Zimbabwe government in Vision 2030 envisions the production of at least 2 million tonnes of carbon and stainless steel, of which ferrochrome is produced locally. This was revealed by Mines and Mining Development Minister Mr Winston Chitando in his address during the 35th International Chrome Development Association conference in Victoria Falls. He told “In line with the Zimbabwean Government’s vision for the country to achieve middle class economy by 2030, Zimbabwe has a clear vision of seeing at least 2 million tonnes of carbon and stainless steel, of which one of the key ingredients is ferrochrome, being produced in the country within the next few years.”

Minister Chitando said “With approximately 12% of the global chromite resources and its chrome ore and ferrochrome production currently contributing just around 2.5% to global ferrochrome and about 4% to chrome ore output, the Zimbabwean chrome ore industry has significant potential to grow in leaps and bounds. The country has excellent geology, comparable to that of leading mining economies and has unique and highly prospective geological environments.””

Zimbabwe hosts 12% of the world’s chromium reserves, lagging behind South Africa which accounts for 72% of global reserves. Information at the Ministry of Mines and Mining Development shows that local chrome resources occur in three forms; stratiform (hard rock hosted resource), podiform (hard rock hosted resource) and eluvials, which largely occur in low lying areas around the Great Dyke.

Source : Herald

Vertraagd	6 feb 2025 17:38
Koers	27,610
Verschil	+3,250 (+13,34%)
Hoog	27,850
Laag	24,870
Volume	11.236.094
Volume gemiddeld	2.404.700
Volume gisteren	2.530.007

12:29	Beursblik: ArcelorMittal overtreft ve...
08:30	AEX opent waarschijnlijk hoger. Let o...	1
07:27	ArcelorMittal ziet verlies afnemen	1
05 feb	Beursblik: beter vierde kwartaal bij ...
03 feb	Deze 5 aandelen kunnen deze week voor...
03 feb	Video: optimisme beursexperts volledi...	1
03 feb	Beursblik: optimisme beursexperts vol...
28 jan	Beursblik: beter vierde kwartaal voor...
24 jan	Mondiale staalproductie flink gestegen
20 jan	Valuta: euro springt omhoog

Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

Meedoen aan de discussie?

Direct naar Forum

Detail

ArcelorMittal nieuws