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voda 19 juni 2023 09:02

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Nippon Steel Introduces ZEXEED™ Checkered Sheet

Nippon Steel is set to introduce ZEXEED™ Checkered Sheet to the market in May 2023, expanding its range of high corrosion resistant coated steel sheets. The newly launched ZEXEED Checkered Sheet offers superior corrosion resistance, surpassing conventional coatings and post plating commonly used in civil-engineering and social infrastructure sectors.

Extensive tests conducted by Nippon Steel reveal that the corrosion resistance of ZEXEED Checkered Sheet on the flat surface is approximately twice as high as conventional high corrosion resistant coated steel sheets and around ten times higher than hot-dip galvanized steel sheet GI.

This innovative product by Nippon Steel is available in thicknesses ranging from 2.3 mm to 6.0 mm, providing flexibility for various applications. ZEXEED Checkered Sheet is ideal for usage in parking lot floors, factory and plant floors, social infrastructure facilities, inspection ports, and stairs. By leveraging the exceptional corrosion resistance of ZEXEED and ZEXEED Checkered Sheet, Nippon Steel aims to meet the diverse needs of customers and society. This includes reducing life cycle costs by extending the service life of equipment, addressing aging social infrastructures, and optimizing processes and construction work in the face of a declining workforce.

In November 2022, Nippon Steel unveiled its NSCarbolex™ Solution, a brand encompassing high-performance products and solution technologies that contribute to CO2 emissions reduction in society. NSCarbolex Solution encompasses ZEXEED and ZEXEED Checkered Sheet, enabling customers to review their manufacturing processes and extend equipment lifespan, thereby reducing CO2 emissions. Through measures such as eliminating painting processes and transitioning from post plating to pre-plating, Nippon Steel supports customers in achieving sustainable and eco-friendly manufacturing practices while renewing aging facilities.

NSCarbolex Solution serves as a testament to Nippon Steel's dedication to developing cutting-edge technologies and products that support CO2 emissions reduction. This comprehensive brand encompasses a range of solutions and high-performance products, including ZEXEED and ZEXEED Checkered Sheet, enabling customers to make environmentally conscious choices and contribute to a more sustainable society.

voda 19 juni 2023 09:03

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Commerce Ministry Recommends Continuation of CVD on Stainless Steel

In a recent development, India’s commerce ministry has put forth a recommendation to extend the countervailing duty on specific flat-rolled steel products imported from China for a duration of five years, as per media reports. The proposal follows an investigation conducted by the Directorate General of Trade Remedies, which highlighted the need to address the issue of undercutting domestic steel prices. The ministry's suggestion aims to safeguard the interests of the domestic steel industry by countering potential subsidization from Chinese producers.

Vivek Johri, chairman of the Central Board of Indirect Taxes and Customs, confirmed that the finance ministry is currently examining the recommendation and has not yet reached a final decision. This step is crucial in assessing the potential impact of the countervailing duty on steel imports from China. The commerce ministry's suggestion comes as a response to an application jointly filed by Jindal Stainless Ltd and Jindal Stainless (Hisar) Ltd, who sought the continuation of the duty.

The DGTR's investigation findings support the need for the countervailing duty extension, as they reveal that Chinese imports have been undercutting domestic steel prices. Furthermore, there is a significant possibility of continued subsidization by Chinese producers, considering their surplus capacities. The continuation of the CVD would act as a measure to mitigate these challenges and level the playing field for the domestic steel industry.

voda 19 juni 2023 09:04

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AFV Beltrame’s Stahl Gerlafingen Celebrates Bicentennial

Stahl Gerlafingen, the renowned Swiss plant of AFV Beltrame, joyously celebrated its 200 years jubilee, a remarkable milestone in the history of Swiss industry. Since its establishment two centuries ago, the products manufactured at the Gerlafingen plant have played a pivotal role in shaping the modern Swiss state, embodying its progress and growth.

The honorable Federal Councilor Albert Rösti, Swiss Minister for Infrastructure, expressed his gratitude to the Beltrame family for their steadfast commitment in preserving nearly 600 jobs in the village. He acknowledged the plant's invaluable contribution to the local economy and its significance in upholding the region's industrial prowess.

During the jubilee event, Frau Landammann Brigit Wyss, Head of the regional government, emphasized the plant's vital role in fostering the Swiss circular economy. She underscored the plant's dedication to sustainable practices and its commitment to minimizing environmental impact, highlighting the importance of such initiatives in building a greener future for Switzerland.

Mayor Heri Philipp of Gerlafingen eloquently described the deep connection between the village and the plant, illustrating how they have grown symbiotically over the years. The presence of several members of the Beltrame family at the festivities was viewed as a great honor by the dedicated employees, further strengthening the sense of unity and pride within the Stahl Gerlafingen community.

In a gesture of appreciation, the plant halted production on Monday to ensure that every employee could partake in the jubilee celebration. The festive dinner showcased the fusion of the owners' Italian heritage and the local Swiss workforce, serving a delectable array of both Italian and Swiss specialties. The evening's proceedings were skillfully led by Christa Rigozzi, former Miss Schweiz, who guided the audience through the enchanting festivities.

The bicentennial celebration of Stahl Gerlafingen marks a significant moment in Swiss industrial history. With a legacy deeply rooted in steel production and a commitment to sustainable practices, the plant has contributed significantly to the growth of the Swiss economy and the advancement of the steel industry.

voda 19 juni 2023 09:04

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South Africa Extends Scrap Metal Export Ban

South Africa's trade, industry & competition minister, Ebrahim Patel, announced the extension of the temporary ban on the export of scrap and waste metal as part of the government's efforts to combat metal infrastructure theft. The trade policy directive issued on June 15 instructs the International Trade Administration Commission of SA (Itac) to reject and halt the processing of export permit applications for both ferrous and non-ferrous waste and scrap metal for a period of six months.

The ban aims to address the significant problem of metal theft, which has plagued South Africa's infrastructure and economy. By prohibiting the export of scrap and waste metal, the government aims to disrupt the illegal market and discourage the theft of valuable metals used in critical infrastructure.

Minister Patel's directive is a proactive step to curb metal theft and protect essential infrastructure such as rail lines, electricity substations, and telecommunications networks. The extension of the ban reflects the government's commitment to combating this issue and creating a more secure environment for economic growth and development.

voda 19 juni 2023 09:04

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KIOCL Limited Restarts Iron Ore Pellet Plant in Karnataka

KIOCL Limited, a state-run company in India, recently announced the resumption of operations at its iron ore pellet plant in Mangalore, located in the southern state of Karnataka. According to a regulatory filing, the plant, with a substantial capacity of 3.5 million metric tons per year, recommenced production on June 14. The temporary suspension of operations had left industry insiders speculating about the reasons behind this unexpected halt.

While the company did not disclose the exact motive behind the shutdown, insiders within the industry suggested that it was in response to the significant decline in ex-lndia pellet prices and the sluggish demand observed in the Chinese market. The confluence of these factors exerted pressure on KIOCL Limited, prompting them to temporarily halt production at the pellet plant.

The halt in production was a testament to the intricate dynamics of the iron ore industry. The decline in ex-lndia pellet prices, influenced by various global factors, and the subdued demand from the Chinese market necessitated a momentary pause in operations. KIOCL's decision to resume production demonstrates its resilience and determination to swiftly adapt to changing market conditions.

voda 19 juni 2023 09:05

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Alleima Secures Order for Advanced Tubes & Umbilicals in O&G Sector

Alleima, a prominent global manufacturer specializing in high value-added products, has recently received a significant order for advanced tubes and umbilicals in the thriving Oil and Gas segment. The order, amounting to approximately $26 million, was secured during the second quarter of 2023 and is intended for an offshore project in Brazil. As a major order, exceeding $19 million, it will be reported under Alleima's Tube division, with deliveries scheduled for mid-2024.

Nigel Haworth, the Acting President of the Tube division, expressed confidence in Alleima's capabilities as a provider of high value-added tubular products for the Oil and Gas industry. He stated, "Once again, we prove our strength as a supplier of high value-added tubular products, umbilicals for the Oil and Gas segment. The demand in the energy sector is strong and we are well positioned to continue to gain business in this field."

This order further cements Alleima's position as a trusted supplier of top-quality tubular products and demonstrates the company's ability to meet the demanding requirements of the Oil and Gas sector. With a robust demand in the energy industry, Alleima is strategically positioned to leverage its expertise and secure additional business opportunities in this thriving field.

Alleima, headquartered in Sandviken, Sweden, is renowned for its extensive product portfolio encompassing advanced stainless steels, special alloys, and solutions for industrial heating. With long-standing customer partnerships and a commitment to cutting-edge materials technology, Alleima develops high-value products for a wide range of demanding applications and industries.

The company's offering includes seamless steel tubes catering to the energy, chemical, and aerospace industries, as well as precision strip steel used in white goods compressors, air conditioners, and knife applications. Leveraging over 900 active alloy recipes, Alleima also produces ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology, and coated strip steel for fuel cell technology in automotive and hydrogen production sectors.

voda 19 juni 2023 09:05

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AIL-Rourkela Steel Plant Initiates Tender for Coke Breeze

SAIL-Rourkela Steel Plant has initiated a tender for the supply of 70,000 metric tons of coke breeze, with a size ranging from 0-10 mm. The selection of the supplier will be conducted through a reverse auction scheduled for June 19, 2023. The tender seeks material that adheres to specific chemical specifications, including a fixed carbon content of 70%, while the volatile matter and moisture content should be limited to 5% and 10%, respectively.

Interested suppliers are invited to participate in the reverse auction, where bids will be submitted in descending order. This method allows for competitive pricing and encourages suppliers to offer their most competitive rates for the supply of coke breeze.

The coke breeze is an essential raw material in the steel production process, contributing to the efficient combustion and generation of heat during the smelting of iron ore. SAIL-Rourkela Steel Plant is seeking reliable suppliers who can fulfill the specified chemical composition requirements to ensure the optimal performance of their operations.

Successful bidders will be responsible for delivering the specified quantity of coke breeze within a timeframe of 180 days. This allows SAIL-Rourkela Steel Plant to plan their operations and ensure a steady supply of coke breeze for their ongoing production requirements.

voda 19 juni 2023 09:05

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Borusan Mannesmann to Supply Tender for Turkish Gas Pipeline Project

Borusan Mannesmann, a prominent Turkish pipe manufacturer, along with its partners Noksel Qelik Boru and Ümran Qelik Boru, has emerged victorious in the steel pipe supply tender for the Manavgat-Alanya-Gazipa§a-Anamur Phase 1 natural gas pipeline project. This significant achievement comes as the project is being undertaken by Turkey's national gas supply company, Petroleum Pipeline Corporation (BotaS).

The tender, valued at approximately $80 million, further emphasizes Borusan Mannesmann's expertise in the field of steel pipe manufacturing. Out of the total tender value, Borusan Mannesmann's share amounts to $27 million, showcasing the company's substantial involvement in the project.

The commencement of pipe shipments is scheduled for the third quarter, with completion anticipated by the fourth quarter of this year.

The Manavgat-Alanya-Gazipa§a-Anamur Phase 1 natural gas pipeline project holds immense significance for Turkey's energy infrastructure, as it aims to enhance the country's gas supply capabilities. The successful tender acquisition by Borusan Mannesmann and its partners reaffirms their position as leading contributors to the nation's energy sector.

voda 19 juni 2023 09:06

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Indian Port Officials Investigate Ferrous Scrap Imports from UAE

Ferrous scrap trade between India and the UAE faces a major setback as Indian port officials launch investigations into the arrival of scrap cargoes from the UAE despite an existing export ban. The UAE implemented a temporary ban on ferrous scrap product exports in May 2020, and its extension until 19 June raises concerns about its further prolongation.

Despite the ban, the UAE remained India's primary source of ferrous scrap imports in 2022, with volumes totaling 1.27 million metrc tons. Indian customs data also reveal that the UAE held the second spot in January to March of the current year, with imports amounting to 360,000 metric tons.

The continuous flow of scrap containers from the UAE has raised security concerns among Indian port officials, leading them to withhold containers arriving from the UAE. Traders estimate that over 1,000 scrap containers are currently held in various Indian ports, including Nhava Sheva port, Mumbai, and Kandla and Mundra ports in Gujarat, as well as some in Inland Container Depots.

To address the situation, the Nhava Sheva port has implemented a standard operating procedure for the examination and verification of these containers under their risk management system. There is a particular emphasis on thorough inspection when goods originate from Pakistan, Yemen, or Iran, given suspicions of misdeclaration from UAE suppliers and potential smuggling activities.

The misdeclaration by UAE suppliers was prompted by the pre-existing $68 per metric ton duty on ferrous scrap exports imposed by the UAE government. By avoiding the use of the term "scrap" in export documents or employing different HS codes, suppliers attempted to evade the export duty.

However, the heightened scrutiny by Indian port officials is expected to discourage Indian importers from continuing to source scrap from the UAE. The prolonged delay in clearing the held containers, coupled with the ban, has led industry experts to believe that future shipments from

voda 19 juni 2023 09:06

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Unveiling the Extraordinary Jet Vapor Deposition Technology

Jet Vapor Deposition emerges as an authentic and pioneering alternative to traditional galvanizing methods such as Electro Galvanizing and Hot Dip Galvanizing. This state-of-the-art solution for metal strip coating not only boasts the lowest 'global warming potential' as per life-cycle assessment metrics but also offers a plethora of operational advantages in terms of quality, speed, and operational expenditure.

In a remarkable collaboration between steel behemoth ArcelorMittal and the expertise of John Cockerill, this groundbreaking technology has been developed and industrialized. Today, it is globally commercialized by John Cockerill Industry's Metals Business Line, setting a new standard in the realm of metal coating.

The distinguishing feature of this exceptional metal coating line lies in its application of the Jet Vapor Deposition technique, which optimizes zinc quantities and production costs. Moreover, this innovative approach enables the coating of high-resistance steel grades that traditionally posed challenges for hot-dip galvanizing processes.

Undoubtedly a technological breakthrough, this groundbreaking innovation has been successfully implemented at the Kessales site of ArcelorMittal Liège in Belgium. Its primary objective is to cater to the demanding needs of clients in the automotive industry, ensuring that steel remains at the forefront of the quest for lightweight vehicles.

The Jet Vapor Deposition process revolutionizes the traditional zinc-coating line by employing advanced technology and operational expertise. It offers unparalleled precision, efficiency, and cost-effectiveness, making it a game-changer in the industry. With JVD, ArcelorMittal has once again showcased its commitment to innovation and sustainability.

By significantly reducing the global warming potential and optimizing the use of zinc, JVD sets new environmental standards for metal strip coating. This revolutionary technology not only aligns with the goals of sustainability but also delivers exceptional quality and performance, meeting the stringent demands of the automotive industry.

voda 19 juni 2023 09:06

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Nucor Anticipates Strong Second Quarter Earnings

Nucor Corporation, largest steel manufacturer in US, has provided guidance for its second quarter ending July 1, 2023, anticipating earnings in the range of $5.45 to $5.55 per diluted share. This follows the company's net earnings of $4.45 per diluted share in the first quarter of 2023 and $9.67 per diluted share in the second quarter of the previous year.

Nucor expects notable improvement in earnings for the steel mills segment during the second quarter of 2023, primarily driven by margin expansion at their sheet mills. The steel products segment is also set to deliver robust results comparable to the first quarter of 2023. Furthermore, the raw materials segment is predicted to show improvement due to the enhanced profitability of Nucor's direct reduced iron.

voda 21 juni 2023 15:10

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Mondiale staalproductie verder omlaag

In mei.

(ABM FN-Dow Jones) De mondiale staalproductie is na de daling in april ook in mei afgenomen. Dit bleek woensdag uit cijfers van brancheorganisatie World Steel Association.

In totaal vervaardigden de 63 staalproducerende landen vorige maand 161,6 miljoen ton staal, een daling van 5,1 procent ten opzichte van mei 2022. In april daalde de productie met 2,4 procent.

In China, wereldwijd met afstand de grootste fabrikant van staal, daalde de productie in mei met 7,3 procent tot 90,1 miljoen ton.

In de VS daalde de productie met 2,3 procent naar 6,9 miljoen ton en in Japan met 5,2 procent naar 7,6 miljoen ton.

In Duitsland steeg de productie afgelopen maand met 0,2 procent, maar in de hele Europese Unie was er een daling van 11,2 procent.

Door: ABM Financial News.

info@abmfn.nl

Redactie: +31(0)20 26 28 999

voda 23 juni 2023 08:39

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Hallo beste staalvrienden,

Hierbij moet ik bijna een legendarische draad afsluiten. Ik mag geen staalnieuws of andere volledige berichten, van welke site dan ook meer plaatsen.

De serie begon op 7 november 2008 met het eerste deel. Toen nog maar 468 posts.
Later op 31 mei 2011 het 2e deel (1000 posts). Het derde deel volgde op 21 september 2012 met 1513 posts.
En dan nu het laatste deel uit de serie met maar liefst 35156 posts en ruim 1.6 miljoen views! Mijn drukst bezochte draad en meeste posts ooit in mijn geschiedenis. Ik zit nu op ruim 349.000 posts, en deze draad heeft daar veel aan bijgedragen.

Ik hoop dat jullie er van genoten hebben, en dat het heeft geholpen met een beslissing om Arcelor te kopen of juist niet.

Ik zal hier af en toe nog wel wat plaatsen (wat mogelijk is).

Met vriendelijke groet,

Hans

voda 28 juni 2023 08:52

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US to enjoy decade-long steel demand cycle: Nucor
961 Views

New US government investments and federal policies will boost demand for steel by as much as 8 million short tons over the next decade, Kallanish hears from the top executive at Nucor.

Leon Topalian, Nucor’s chairman, president and ceo, says trillions of new dollars for public infrastructure, semiconductor manufacturing, energy grid and other stimulus are significant enough to provide a major boost to domestic steel volumes.

Voor meer, zie link:

www.kallanish.com/en/news/steel/marke...

voda 30 juni 2023 16:19

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Beursblik: ABN AMRO zet Aperam op verkooplijst

Ook koersdoel omlaag.

(ABM FN-Dow Jones) ABN AMRO Oddo heeft vrijdag het advies voor Aperam verlaagd van Neutraal naar Underperform en stelde het koersdoel neerwaarts bij van 41,00 euro naar 31,00 euro.

De vooruitzichten voor Aperam in Brazilië zijn volgens ABN AMRO goed en zullen het groeitraject van het bedrijf de komende jaren ondersteunen. Brazilië is goed voor 40 procent van de EBITDA van Aperam.

Toch is dit onvoldoende om de zwakke economische omstandigheden in Europa te compenseren, aldus de analisten van de bank. En daar komt nog eens bovenop dat de concurrentie hevig is. "En dat is reden voor ons om de taxaties te verlagen."

Aperam biedt volgens ABN AMRO een solide kasstroom en goede vooruitzichten voor de inkoop van meer eigen aandelen. En dan heeft het bedrijf ook nog eens een goed ESG-profiel. Het zicht op een opleving in Europa ontbreekt echter, en dit weegt voor ABN AMRO zwaarder.

Het aandeel Aperam noteerde vrijdag 6,1 procent lager op 28,47 euro.

Door: ABM Financial News.

info@abmfn.nl

Redactie: +31(0)20 26 28 999

voda 30 juni 2023 17:56

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Hoe deed Arcelor het deze week t.o.v. de andere AEX fondsen? (+1.47%)

Bijlage:

voda 30 juni 2023 17:57

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En de maandstaat: (+5.03%)

Bijlage:

voda 30 juni 2023 17:57

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En de YTD staat: (+1.44%)

Bijlage:

tonijntje 30 juni 2023 19:11

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Beste Hans, Voda, Hartelijk dank voor je eindeloze reeks berichten. Ik heb ze altijd met veel enthousiasme gelezen en ook vaak opgevolgd. Ik had er echt houvast aan. Ik hoop dat je nog vaak een bericht plaatst. Jammer dat ze jou niet gewoon je gang laten gaan. Ik denk dat ze bang zijn dat je een aandeel gaat vragen voor het mede populair maken van deze site.Ik begrijp niet dat men je nog geen baan heeft aangeboden. Hans veel geluk in je verdere carriere. Bedankt voor de goede hints. Het gaat je goed!!! Marianne Nissen-Smits

voda 3 juli 2023 17:34

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Jij ook hartelijk dank voor je vriendelijke woorden. Ik vind het ook heel erg jammer dat ik niet meer de informatie kan plaatsen zoals gewend. Ik moet er nog steeds aan wennen.

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