ArcelorMittal LU1598757687

Arcelor Mittal oktober 2024

1. mvliex 1 28 oktober 2024 16:29

   auteur info

   • mvliex 1

     Lid sinds: 12 mei 2009

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 4766

     Gegeven: 13621

   •    Aantal posts: 46.961

   Forse stijging maar niet met hoog volume.
   Nog even kopers lokken en dan volgende week na de cijfers dalen?
   Of valt de consensus mee?
   Of parkeert de koers in een range waar het thuis hoort?
2. 03har 28 oktober 2024 18:52

   auteur info

   • 03har

     Lid sinds: 25 nov 2003

     Laatste bezoek: 07 dec 2024

   • Aanbevelingen

     Ontvangen: 2093

     Gegeven: 939

   •    Aantal posts: 1.945

   quote:

   mvliex 1 schreef op 28 oktober 2024 16:29:

   Forse stijging maar niet met hoog volume.
   Nog even kopers lokken en dan volgende week na de cijfers dalen?
   Of valt de consensus mee?
   Of parkeert de koers in een range waar het thuis hoort?
   

   In de eindveiling meer dan een miljoen !!!!!
   Schept vertrouwen.
   03haR
3. 03har 28 oktober 2024 18:54

   auteur info

   • 03har

     Lid sinds: 25 nov 2003

     Laatste bezoek: 07 dec 2024

   • Aanbevelingen

     Ontvangen: 2093

     Gegeven: 939

   •    Aantal posts: 1.945

   US Steel raises flat steel prices by $30/t
   
   As of October 25, the prices of hot-rolled flat products in the USA were at the level of $690-700 per short ton, and cold-rolled – $960-1000/t
   
   US Steel Corporation, one of the largest steel producers in the United States, has announced an increase in spot prices for flat products by $30 per short ton. Kallanish reports this with reference to the company’s data.
4. voda 28 oktober 2024 21:20

   auteur info

   • voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 92324

     Gegeven: 22693

   •    Aantal posts: 382.333

   Beursupdate: AEX op Wall Street
   28-okt-2024 21:18
   
   ArcelorMittal en Philips sterkste stijgers.
   
   (ABM FN-Dow Jones) Op Wall Street zijn maandag vijf van de acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam hoger gesloten. ArcelorMittal en Philips waren met winsten van elk 0,4 procent de sterkste stijger. ING was met een verlies van 0,2 procent de sterkste daler.
   
   Aegon (-0,1%)
   ArcelorMittal (+0,4%)
   ASML (-0,1%)
   ING Groep (-0,2%)
   Philips (+0,4%)
   RELX (+0,1%)
   Shell (+0,1%)
   Unilever (+0,2%)
   
   Euro/dollar: 1,0816
   
   Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 896,81 punten, zijn geëindigd op 897,44 punten.
   
   Door: ABM Financial News.
5. voda 29 oktober 2024 07:08

   auteur info

   • voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 92324

     Gegeven: 22693

   •    Aantal posts: 382.333

   ArcelorMittal Rebuffs R19 Billion Green Steel Revolution Bid from Networth
   
   Synopsis: ArcelorMittal South Africa rejects Networth Investments' R19 billion transformation offer aimed at revolutionizing South African steel production with green technology focus.
   Tuesday, October 29, 2024
   
   A significant transformation attempt in South Africa's steel industry has hit a roadblock as ArcelorMittal South Africa has declined a R19 billion buyout proposal from Networth Investments. The ambitious bid, which aimed to revolutionize the country's struggling steel sector through green technology implementation and enhanced stainless steel production, was dismissed as insufficient by the steel giant.
   
   Networth Investments, led by CEO Harold Vermaak, had proposed acquiring ArcelorMittal Group's dominant 60% shareholding in Amsa, along with an additional 2% held by various foreign investors. The proposed leveraged buyout was designed to transform the traditional steel manufacturer into a modern, environmentally conscious operation focusing on high-value products.
   
   Voor meer, zie link:
   
   www.oreaco.com/steel/arcelormittal-re...
6. 03har 29 oktober 2024 11:28

   auteur info

   • 03har

     Lid sinds: 25 nov 2003

     Laatste bezoek: 07 dec 2024

   • Aanbevelingen

     Ontvangen: 2093

     Gegeven: 939

   •    Aantal posts: 1.945

   Nucor raises HRC prices by $20/t
   The base HRC price reached $740 per short ton
   American steelmaker Nucor has announced an increase in its weekly spot price (WSP) for hot-rolled coils by $20 per tonne compared to the previous week, up to $740 per short tonne. This is evidenced by the company’s data.
   
   US Steel raises flat steel prices by $30/t
   As of October 25, the prices of hot-rolled flat products in the USA were at the level of $690-700 per short ton, and cold-rolled – $960-1000/t
   US Steel Corporation, one of the largest steel producers in the United States, has announced an increase in spot prices for flat products by $30 per short ton.
7. mvliex 1 29 oktober 2024 15:44

   auteur info

   • mvliex 1

     Lid sinds: 12 mei 2009

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 4766

     Gegeven: 13621

   •    Aantal posts: 46.961

   Reuters: China overweegt voor biljoenen aan extra schulden uit te geven
   ABM Financial News
   
   op dinsdag 29 oktober 2024
   
   Reuters: China overweegt voor biljoenen aan extra schulden uit te geven
   
   (ABM FN-Dow Jones) China overweegt volgende week de uitgifte goed te keuren van meer dan 10 biljoen Chinese yuan aan extra schuldpapier, omgerekend zo'n 1,4 biljoen dollar, om zo de kwakkelende economie nieuw leven in te blazen. Dit meldde persbureau Reuters dinsdag op basis van informatie van ingewijden.
   
   Een dergelijk pakket wordt mogelijk verder verhoogd als Donald Trump de Amerikaanse verkiezingen wint, aldus twee bronnen met kennis van zaken.
   
   China's hoogste overheidsorgaan, het Permanent Comité van het Nationale Volkscongres (NPC), is van plan om het nieuwe stimuleringspakket goed te keuren, inclusief 6 biljoen yuan die gedeeltelijk zal worden opgehaald via speciale staatsobligaties, op de laatste dag van een vergadering die van 4 tot 8 november wordt gehouden, schreef Reuters.
   
   De 6 biljoen yuan aan schuld zal worden opgehaald over een periode van drie jaar, met inbegrip van 2024, aldus de bronnen, die eraan toevoegden dat de opbrengsten voornamelijk zullen worden gebruikt om lokale overheden te helpen.
   
   Het geplande totaalbedrag, dat zal worden opgehaald door de uitgifte van zowel staatsobligaties als obligaties van lokale overheden, komt overeen met meer dan 8 procent van het bruto binnenlands product van China, aldus Reuters.
   
   Door: ABM Financial News.
   info@abmfn.nl
   Redactie: +31(0)20 26 28 999
   
   Bron: ABM Financial News
   
   www.iex.nl/Nieuws/806944/Reuters-Chin...
8. voda 29 oktober 2024 21:45

   auteur info

   • voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 92324

     Gegeven: 22693

   •    Aantal posts: 382.333

   Beursupdate: AEX op Wall Street
   29-okt-2024 21:43
   
   Licht lager.
   
   (ABM FN-Dow Jones) Op Wall Street zijn dinsdag vijf van de acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten.
   
   Aegon (-0,13%)
   ArcelorMittal (+0,17%)
   ASML (+0,96%)
   ING Groep (-0,49%)
   Philips (-1,05%)
   RELX (-0,14%)
   Shell (-0,03%)
   Unilever (+0,10%)
   
   Euro/dollar: 1,0811
   
   Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 894,64 punten, zijn geëindigd op 893,98 punten.
   
   Door: ABM Financial News.
9. voda 30 oktober 2024 09:48

   auteur info

   • voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 31 jan 2025

   • Aanbevelingen

     Ontvangen: 92324

     Gegeven: 22693

   •    Aantal posts: 382.333

   Baosteel's Profit Nosedives Amid China's Steel Industry Crisis & Market Turmoil
   
   Synopsis: Baoshan Iron & Steel, China's largest listed steelmaker and subsidiary of Baowu Steel Group, reports 65% drop in Q3 profits amid declining steel prices and property sector downturn.
   Wednesday, October 30, 2024
   
   China's steel industry faces significant headwinds as Baoshan Iron & Steel, the country's premier listed steelmaker, reported a dramatic 65% decline in its third-quarter profits. The company's net profit plummeted to 1.34 billion yuan ($188 million), marking a stark contrast from the 3.8 billion yuan recorded in the same period last year.
   
   The financial performance of Baosteel, a subsidiary of the world's largest steelmaker China Baowu Steel Group, reflects broader challenges within China's steel sector. The company's nine-month performance showed a 29.56% decrease in net profit, totaling 5.88 billion yuan, highlighting the sustained nature of the industry's difficulties throughout 2023.
   
   Voor meer, zie link:
   
   www.oreaco.com/steel/baosteels-profit...
10. voda 30 oktober 2024 09:50

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    European Steel Industry Battles Perfect Storm of Market Pressures and Import Surge
    
    Synopsis: EUROFER's latest report reveals critical challenges in EU steel sector, with consumption plummeting and imports reaching 28% market share. Key stakeholders including EUROFER, domestic producers, and steel-using sectors face unprecedented market conditions through 2024-2025.
    Wednesday, October 30, 2024
    
    The European steel industry is grappling with an unprecedented downturn as revealed in EUROFER's comprehensive Economic and Steel Market Outlook report. The market faces a complex web of challenges, with apparent steel consumption projected to decline by 1.8% in 2024, contradicting earlier forecasts that had predicted a 1.4% growth. This downturn follows a substantial 6% decrease in 2023, painting a concerning picture for the industry's immediate future and raising alarms among industry stakeholders, policymakers, and economic analysts.
    
    The second quarter of 2024 has been particularly challenging, with apparent steel consumption falling by 1.3% to 34.8 million metric tons. This decline is occurring alongside a significant contraction in domestic deliveries, which decreased by 1.7% in the same quarter. Perhaps most alarming is the rise in import share to a record-high 28%, despite a slight 1.5% decrease in import volumes, indicating a structural shift in market dynamics. This unprecedented import penetration has created additional pressure on domestic producers, who are already struggling with high production costs and environmental compliance requirements.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/european-steel-i...
12. voda 30 oktober 2024 10:01

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    Hoa Phat Steel Giant Poised for Billion-Dollar Breakthrough with Revolutionary Mill
    
    Synopsis: Vietnamese steel producer Hoa Phat Group anticipates $1 billion profit potential with new Dung Quat 2 complex, as analyzed by Vietcombank Securities.
    Wednesday, October 30, 2024
    
    Hoa Phat Group, Southeast Asia's leading steel manufacturer, is positioned for a remarkable financial transformation as its new Dung Quat 2 steel complex nears completion. According to Vietcombank Securities' recent analysis, the company's net profit could reach between VND20-25 trillion ($793-991 million) once the facility achieves full operational capacity.
    
    The ambitious Dung Quat 2 project, situated in Vietnam's central Quang Ngai province, is advancing ahead of schedule, with initial test production expected to commence in Q4 2024. The facility's development follows a strategic two-phase approach, with the first phase scheduled for operational launch in Q1 2025, followed by second-phase testing in Q3 2025 and full operations in Q4 2025.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/hoa-phat-steel-g...
13. voda 30 oktober 2024 21:23

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    Beursupdate: AEX op Wall Street
    30-okt-2024 21:15
    
    Shell enige stijger.
    
    (ABM FN-Dow Jones) Op Wall Street zijn woensdag zes van de acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten. Shell was met een winst van 0,2 procent de enige stijger. Philips sloot vlak. ASML was met een verlies van 0,7 procent de sterkste daler.
    
    Aegon (-0,3%)
    ArcelorMittal (-0,2%)
    ASML (-0,7%)
    ING Groep (-0,6%)
    Philips (0,0%)
    RELX (-0,4%)
    Shell (+0,2%)
    Unilever (-0,4%)
    
    Euro/dollar: 1,0861
    
    Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 881,27 punten, zijn geëindigd op 879,96 punten.
    
    Door: ABM Financial News.
14. mvliex 1 31 oktober 2024 15:33

    auteur info

    • mvliex 1

      Lid sinds: 12 mei 2009

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 4766

      Gegeven: 13621

    •    Aantal posts: 46.961

    STEELBENCHMARKER PRICES October 28, 2024
    
    Dollars per Metric Tonne -- Pct Change
    (net ton) [gross ton] {Euros}
    
    Region: USA, East of the Mississippi
    Hot-rolled band: 768 (697) 1%
    Cold-rolled coil: 1139 (1033) 1%
    Standard plate: 1114 (1011) 3%
    Shredded scrap*: 380 [386] 0%
    #1 Heavy melting scrap: 315 [320] 0%
    #1 Busheling scrap: 392 [398] 1%
    
    Region: Mainland China***
    Hot-rolled band: 414 -5%
    Cold-rolled coil: 497 -4%
    Rebar: 415 -7%
    Standard plate: 427 -5%
    
    Region: Western Europe
    Hot-rolled band: 606 {562} 1%
    
    Region: World Export Market
    Hot-rolled band: 515 6%
    
    To receive SteelBenchmarker graphic and tabular price history, register as a "provider" at www.steelbenchmarker.com.
    NOTES: E-mailed October 31, 2024 at 9:00 a.m. to Non-Provider Receivers. The first price release was for April 10, 2006.
    If a product is not listed or a price is not indicated, fewer than ten (10) price inputs were received at this time.
    Prices are: USA -- FOB mill; Western Europe and China -- Ex-works; and World Export Market -- FOB port of export. For USA steel scrap -- delivered to the steel plant. *For shredded scrap the region is "for all but the West Coast".
    For product specifications go to www.steelbenchmarker.com/specifications.
    *** SteelHome's non-steelbenchmarker derived average price for each product is the determinant of the Chinese ex-works benchmark price. It is published for comparative purposes.
15. voda 31 oktober 2024 21:18

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    Beursupdate: AEX op Wall Street
    31-okt-2024 21:09
    
    Alleen Shell hoger.
    
    (ABM FN-Dow Jones) Op Wall Street zijn donderdag zeven van de acht AEX-genoteerde fondsen ten opzichte van het slot in Amsterdam lager gesloten, uitgezonderd Shell.
    
    Aegon (-0,58%)
    ArcelorMittal (-0,22%)
    ASML (-0,48%)
    ING Groep (-0,60%)
    Philips (-0,11%)
    RELX (-0,32%)
    Royal Dutch Shell (+0,75%)
    Unilever (-0,41%)
    
    Euro/dollar: 1,0879
    
    Op basis van de bovenstaande koersuitslagen zou de AEX index, die sloot op 874,18 punten, zijn geëindigd op 873,54 punten.
    
    Door: ABM Financial News.
16. voda 1 november 2024 07:29

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    Global Steel Recycling Surges Despite Production Slowdown in Major Markets
    
    Synopsis: Bureau of International Recycling reports 4.6% increase in recycled steel consumption reaching 255.18 million metric tons in H1 2024, with China leading consumption despite global production decline.
    Friday, November 1, 2024
    
    The global steel recycling industry has demonstrated remarkable resilience in the first half of 2024, with key nations and regions consuming 255.18 million metric tons of recycled steel, marking a 4.6% increase from the previous year. This growth is particularly noteworthy as it occurs against the backdrop of a 0.2% decline in total crude steel production, according to the latest report from BIR's Ferrous Division.
    
    China has emerged as the dominant force in recycled steel consumption, with usage reaching 122.54 million metric tons in the first half of 2024, representing a 5.4% increase from the same period in 2023. This substantial growth is even more remarkable considering China's crude steel output decreased by 1.1% during the same period, indicating a strong shift towards recycled materials in the country's steel industry.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/global-steel-rec...
17. voda 1 november 2024 07:32

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 31 jan 2025

    • Aanbevelingen

      Ontvangen: 92324

      Gegeven: 22693

    •    Aantal posts: 382.333

    Chinese Steel Hub Tangshan Enforces Emergency Production Halt Amid Severe Air Quality Crisis
    
    Synopsis: Tangshan and Tianjin cities implement Level II emergency responses due to deteriorating air quality, affecting major steel producers' operations and shipments.
    Friday, November 1, 2024
    
    The Chinese industrial powerhouse of Tangshan has taken decisive action to combat worsening air pollution by implementing a Level II emergency response, marking a significant disruption to the region's steel production capabilities. The emergency measures, which began at midnight on October 31, come as atmospheric conditions in the area have shown considerable deterioration.
    
    The local government's decision to initiate these strict measures reflects the growing concern over air quality in one of China's primary steel-producing regions. Tangshan, located in Hebei Province, has long been known as a crucial hub for steel manufacturing, making this emergency response particularly significant for both domestic and international steel markets.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/chinese-steel-hu...