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[verwijderd] 9 april 2015 10:16

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Vandaag toch maar Arcelor Mittal ingeruild voor Aperam.

Last de € 40,00 maar komen.

Succes iedereen.

voda 9 april 2015 16:25

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Sumitomo Metal Mining's FY2015 plan for nickel production

According to the summary of the plan for metal production Sumitomo Metal Mining Company Limited released on April 1, the Company's production volume of ferro-nickel (in pure Ni equivalent) planned for the fiscal year 2015 (April 2015 to March 2016) is 20,000 tonnes (10,000 tons in the former half and 10,000 tonnes in the latter half).

When compared with the planned volume for the prior fiscal year (21,400 tonnes), this represents a decrease of 6.5%. Out of 2 lines of the kiln the Company has at its Huga smelting plant, one kiln is scheduled to have a repair work for 10 days during April and for 20 days during September to October and another kiln for 20 days in 2016.

Besides, the production volume (in pure Ni equivalent) of electrolytic nickel planned for FY2015 is 63,800 tonnes (31,700 tonnes in the former half and 32,100 tonnes in the latter half), which represents an increase of 10.6% versus the prior year (57,700 tons). Increased electrolytic nickel production from the prior year is planned as aforementioned because the shipment of raw materials from Taganito (Philippines) is supposed to increase.

Source : THE TEX REPORT

voda 13 april 2015 16:41

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Reduce production cost without compromising on quality - Mr Verma

Mr CS Verma chairman of Steel Authority of India (SAIL) said that Salem Stainless Steel has always enjoyed global brand image. But in order to face stiff competition, substantial cost reduction and augmentation of the production level should be carried out while maintaining the quality.

Accompanied by Mr SS Mohanty, Director (Technical), SAIL, he visited Salem Steel Plant on April 4 and witnessed the operations in the major production units as well as the plantation area inside the plant premises.

Mr Mohanty said that steps should be taken with a sense of urgency for the setting up of the captive power plant in order to address the long term energy requirement both in terms of its cost and availability. The plant to explore alternate route for tapping environment-friendly solar energy.

During a review meeting with senior officers in the presence of Raman, Executive Director of the plant, he suggested various short and long term strategies for expediting the growth and development of the plant.

To improve the market share of the plant in cold rolled stainless steel products and for improvement of the plant’s bottom-line, he desired that the early commissioning of the third Sendzimir mill has to be taken up expeditiously.

He called upon the senior management of the plant to benchmark with the best in the industry in every aspect of productivity and efficiency for the survival and growth of the steel plant.

After interacting with the employee representatives, Mr Verma addressed a cross section of employees and elaborated on the measures to be taken for improved performance and strategies to be implemented for long term growth of Salem Steel Plant.

Source : THE HINDU

voda 14 april 2015 16:35

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Nickel Asia in expansion mode despite weak metal prices

Business Recorder reported that Nickel Asia Corporation the Philippines' top nickel ore producer and exporter will acquire stakes in two smaller miners to expand its resource base by 24% keeping an upbeat view on global demand despite falling prices.

Nickel Asia, partly owned by Japan's Sumitomo Metal Mining Company Limited will buy a tenth of NiHAO Mineral Resources International Inc and up to 100% of unlisted Geogen Corp. The latter has mining rights over a 2,392 hectare site in the northern Philippine province of Isabela.

The deal with NiHAO, with a market value of USD 82 million, also grants Nickel Asia the right to explore, operate and develop the firm's mining claims in three other provinces Zambales, Misamis Oriental and Masbate.

Nickel Asia, which currently operates four nickel mines in the Philippines and partly owns the country's only two nickel processing plants, said the deal was an important milestone in growing its business.

Mr Martin Antonio Zamora, Nickel Asia senior vice president for marketing and strategic planning said that "While the nickel market is presently at a crossroads, there is no question that future prospects are bright given that global demand for nickel and other minerals will continue to grow."

Source : BUSINESS RECORDER

voda 15 april 2015 16:30

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Japanese stainless steel product imports drop in February

According to latest data released by the Japanese Ministry of Finance, the country’s stainless steel product imports declined sharply during the month of February this year over the previous month.

Japan’s total stainless steel product imports during the month totaled 12,030 tons, down 14% from the imports during the previous month. The country’s stainless steel products import during January this year had totaled 13,988 tons. The total value of imports dropped from USD 42.682 million CIF to USD 39.242 million.

The largest export source of imports of stainless steel products by Japan was South Korea. The imports from South Korea totaled 9,283 tonnes. The imports from South Korea to Japan declined by 4.64% when compared with the imports during Jan ’15. In second place was China with 1,019 tonnes. The stainless steel imports from China fell sharply by 11.5% MoM. The stainless steel imports from Taiwan witnessed the biggest drop, tumbling by 67.3% from the previous month. The imports from Taiwan totaled 670 tonnes in February.

The MoF data also indicates that the country’s stainless steel import prices averaged at USD 3,262.01 per tonne during the month. The average prices rose by 6.9% over the month.

The monthly import of special steel products other than stainless steel products totaled 54,083 tonnes, which is down 34% when compared with the prior month. The overall special steel products import totaled 66,113 tonnesdown 31% when matched with the previous month.

Source : METAL

voda 15 april 2015 16:43

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Nickel use in cars batteries to triple – Norilsk Nickel

steelguru-norilsk-nickel-logo_7586.png According to Russia's largest producer of the metal Norilsk Nickel, nickel demand from the auto industry is set to rise as much as threefold in five years as output of electric and hybrid cars gathers pace.

Mr Anton Berlin, head of strategic marketing at Norilsk Nickel, said in an interview in Moscow "Hybrid and electric cars make more demand for nickel. It will rise because many automobile companies, such as Tesla Motors, have very ambitious plans for the future."

He said “Use of nickel in car batteries may rise to more than 100,000 tonnes a year by the end of the decade from 30,000 tonnes in 2014.”

That projection is equal to about 5 percent of current global output; it also matches Norilsk's shipments to China last year, according to data compiled by Bloomberg.

Electric and hybrid vehicles are increasingly becoming a low cost alternative for consumers as their batteries, which use nickel, get cheaper and more efficient. That may aid a recovery in the market for the metal after prices slumped because of an oversupply in the stainless-steel industry.

Source : BLOOMBERG

voda 16 april 2015 16:42

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Chinese announce export prices of stainless steel products of April

Major stainless steel producers in China have announced the export prices of stainless steel products for the month of April. The suppliers include Baosteel Stainless and Ningbo Baoxin Stainless Steel.

Baosteel has announced its decision to hold the export prices for its 304 grade HR and CR coils for April. The export price of 304 grade cold rolled stainless steel coils will remain at USD 2,650 per tonne FOB, whereas those of 304 grade hot rolled coils will be USD 2,500 per tonne FOB for the month of April this year.

However, the company has announced a cut of USD 30 per tonne on export prices of 430 grade cold rolled stainless steel coils. Post cut, the export prices for these products will be USD 1,370 per tonne FOB. Meantime, the prices of 430 grade HR coils will remain unchanged from the previous month at USD 1,250 per tonne.

Ningbo Baoxin Stainless Steel has announced to cut export prices of 430 grade cold rolled stainless steel products by USD 30 per tonne. Post cut, the average export price of 430 grade CR coils will be USD 1,470 per tonne FOB.

The company has decided to leave its export prices for 304 grade CR stainless steel products flat for the month. The export price of 304 grade CR stainless steel coils will continue to remain at USD 2,650 per tonne FOB during April.

Source : SCRAP MONSTER

voda 17 april 2015 16:17

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China nickel prices get boost on worries over exchange

Reuters reported that the six Chinese producers approved to supply nickel against the Shanghai Futures Exchange's new contract for the metal may not be able to provide sufficient output to fill July deliveries, yielding a bump in prices in the near term in China.

According to data provider SMM, insufficient supply from these producers plus their unwillingness to sell at current low futures prices have helped widen the premiums of spot prices for locally produced refined nickel to as much as CNY 1,400 to CNY 1,500 per tonne over imported metal this week. That's at least twice as much as premiums were before the Shanghai nickel contract started trading on March 27.

The most-active Shanghai nickel contract for July has lost 7% since then, as high Chinese prices prompted arbitrage selling in Shanghai and buying on the London Metal Exchange, as well as short-selling as prices dropped.

Industry and market sources said that some of the producers are now cutting spot sales due to low prices, raising fears that the shorts may be forced to cover their positions or be squeezed, pointing to higher prices to come.

Source : REUTERS

voda 24 april 2015 15:11

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Outokumpu cuts Americas sales outlook and shares plunge

Reuters reported that shares in Outokumpu tumbled after the stainless steel manufacturer cut its sales forecast for its Americas operation because of exports from Asia and weak demand from distributors.

The Finnish company cut its 2015 volume outlook for the Coil Americas business to 540,000 tonnes from 620,000 tonnes, sending the shares down 9.8% by 1012 GMT.

Shares in the company had risen sharply last month after Reuters broke the news on European anti dumping duties on stainless imports from China and Taiwan.

However, Outokumpu said that it has been hit by increasing steel imports from Asia into the Americas while demand from regional distributors has been weak because of high stock levels and low nickel prices.

Inderes Equity Research said that growing Asian exports to America were a reflection of the EU duties. The producers of stainless steel do not seem to be able to overcome the problem of global overcapacity.

Source : REUTERS

voda 24 april 2015 15:18

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Universal Stainless announces preliminary results for Q1 2015

Universal Stainless & Alloy Products Inc announced that, based on preliminary results, it expects net sales for the Q1 of 2015 to approximate USD 56 million, representing a 20% increase from the Q1 of 2014 and up 6% sequentially. To access the above information, you are required to upgrade your service.

Source : STRATEGIC RESEARCH INSTITUTE

voda 24 april 2015 15:28

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Vale update on production of nickel

Production of nickel reached 69,200 tonnes in 1Q15, the best performance for a first quarter.

Source : STRATEGIC RESEARCH INSTITUTE

voda 28 april 2015 18:48

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Nickel gains as mine strike threatens to constrain supply

Bloomberg reported that nickel headed for the biggest two session gain in 11 months as a strike at the world’s second largest mine for the metal signaled supply constraints.

BHP Billiton Ltd.’s site in northern Colombia is at less than full capacity and the company said it sent force majeure notices to some customers, allowing for missed deliveries. Nickel rallied the most among the six main metals on the London Metal Exchange, which also gained on speculation that China will take more steps to support economic growth after industrial profits declined in March.

Mr Michael Turek, the head of base metals at BGC Partners Inc said that “The complex has been further fueled by the force majeure in nickel. This stoppage has specifically fueled a rally against a background of current supply being constrained.”

Source : BLOOMBERG

voda 29 april 2015 16:54

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China drives global stainless steel output to 2014 record

Reuters reported that a jump in stainless steel output in top producer China drove global production to another record high last year, outstripping demand growth and weighing on prices.

According to the International Stainless Steel Forum, global stainless steel output rose 8.3 percent last year to a record 41.7 million tonnes, with output gains in all regions except central and eastern Europe.

China, which produces about half the world's stainless steel, saw output jump 14% YoY to 21.7 million tonnes, while the Americas saw output jump 15% to 2.8 million tonnes. China's 14% output growth rate was lower than last year's 18% rate but it was still enough to keep stainless steel prices depressed ST-CRUSTL-IDX.

Global prices are are at their lowest since last March and not far off a 4 year low hit in August 2013. Output in Asia excluding China rose by just 0.6% to 9.3 million tonnes, while output in Western Europe rose 1% to 7.6 million tonnes. Output in central and eastern Europe fell 0.6% to 277,000 tonnes.

Source : REUTERS

voda 29 april 2015 16:59

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Global stainless steel production up 8.3pct in 2014 - ISSF

The International Stainless Steel Forum revealed that global stainless steel melt shop production increased by 8.3% YoY, to 41.7 millions tonnes in 2014.

Output had increased in all regions except for Central and Eastern Europe, where output fell by 6.3% YoY to 296 000 tonnes, compared with 277 000 tonnes in 2013. In 2012, the region had produced 359 000 tonnes of stainless steel.

The biggest growth was experienced in the Americas, where production increased by 14.6% YoY to 2.8 million tonnes. Asia, excluding China, saw a 0.6% YoY increase in output to 9.3 million tonnes of stainless steel, while China grew its production by 14.3% YoY to 21.6 million tonnes. The production in Western Europe and Africa increased by 1% YoY to 7.5 million tonnes.

Source : ENGINEERING NEWS

voda 29 april 2015 18:56

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Opnieuw rode cijfers Outokumpu

Redactie ABM Financial News - 29 april 2015, 08:48

Onderliggend bedrijfsresultaat weer positief.

Outokumpu heeft in het eerste kwartaal van 2015 een verlies geboekt, maar zag de onderliggende resultaten mede dankzij een sterkere vraag aantrekken. Dit meldde de Finse producent van roestvast staal en sectorgenoot van Aperam woensdag voorbeurs.

CEO Mika Seitovirta stelde dat er door de lage nikkelprijs geen sprake was van de sterkere seizoensgebonden vraag. Desalniettemin constateerde Seitovirta een "geleidelijke verbetering" in de winstgevendheid.

De omzet steeg op jaarbasis van 1.617 miljoen naar 1.768 miljoen euro. Het onderliggende bedrijfsresultaat (EBIT) kwam uit op 2 miljoen euro positief tegenover 45 miljoen euro negatief in het eerste kwartaal van 2014. De verbeterde resultaten werden gedragen door onder meer hogere volumes.

Onder de streep restte een nettoverlies van 45 miljoen euro tegenover een min van liefst 248 miljoen euro in het eerste kwartaal van 2014.

De levering van roestvast staal nam ten opzichte van het laatste kwartaal van 2014 met 9,2 procent toe tot 620.000 ton.

Outlook

Voor het tweede kwartaal rekent Outokumpu op een verbetering van de resultaten in Europa. In de Amerika's staan de resultaten echter onder druk door een combinatie van Aziatische import en een lage nikkelprijs.

Het onderliggende bedrijfsresultaat komt naar verwachting licht negatief uit door de zwakkere winstgevendheid in Amerika.

Door: ABM Financial News.
Info@abmfn.nl
Redactie: +31(0)20-262 29 78

Met dank aan poster GerardK

voda 1 mei 2015 16:41

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Nickel hits month high on supply concerns as copper climbs

Reuters reported that nickel surged 4% to a one month high after BHP Billiton declared force majeure at a plant in Colombia adding to supply concerns, while other metals also gained as investors cancelled bearish positions.

Copper jumped to its highest this year as the dollar fell following weak US growth data and cautious comments from the Federal Reserve. A weaker dollar makes dollar priced metals cheaper for non US investors.

Broker Sucden Financial said that "LME metals put in a strong performance today as the weaker dollar, slightly higher oil prices and an improving technical picture sparked a wave of short covering."

BHP Billiton , the world's largest mining company, said that union blockades at its Cerro Matoso nickel operation in Colombia had forced it to declare force majeure with some customers.

However, LME nickel stocks MNISTX-TOTAL have more than trebled to record highs of around 445,000 tonnes since mid-2012, easing fears the market could slip into a deficit this year.

Copper climbed 3.1% to a high of USD 6,335 a tonne, the strongest since Dec. 31, helped by expectations that China will be forced to take extra stimulus measures. Copper failed to trade in closing open outcry activity and was last bid at USD 6,335.

Source : Reuters

voda 2 mei 2015 15:39

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Biggest nickel producer cannot mine enough to satisfy China

Bloomberg reported that the Philippines will fail to satisfy China’s nickel ore demand and that may push up refined metal prices more than 15%.

Mr Manny Samson, chief financial officer of Nickel Asia Corporation said that “The Southeast Asian nation won’t be able to supply enough ore once China exhausts stockpiles built up before last year’s export ban by Indonesia, previously the biggest producer. China’s output of nickel pig iron, a lower grade substitute for the refined metal used to make stainless steel, may fall by about 30 percent when the country becomes solely dependent on Philippine supply.”

Mr Samson said that “NPI producers would be completely reliant on Philippine ore after stockpiles of Indonesia ore run out. Chinese stainless steel producers will now have to source nickel elsewhere.”

He said that The tightening supply may drive prices to USD 16,000 a metric ton on the London Metal Exchange. The metal slumped 34% since May 2014, when it hit the highest in more than two years.

While the Philippines raised output after Indonesia’s export ban started in January 2014, Chinese imports still fell 33 percent last year to the lowest since 2010. Inbound shipments in the first three months of the year are also at the least in five years.

Source : Bloomberg

voda 4 mei 2015 14:35

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Global stainless steel business remains sluggish

Recycling International reported that in line with a softer nickel market over recent weeks, 304 stainless steel scrap prices have slid from USD 1340 per tonne to USD 1390 per tonne in late March to USD 1280 to USD 1330 a month later while 316 values have suffered under the influence of molybdenum weakness and have dropped over the same time period from USD 1800 to USD 1850 to USD 1700 to USD 1750.

However, a firmer steel scrap market has prompted an increase in chrome scrap values, with 409 material edging up to USD 300 to USD 340 per tonne and the 430 quality to USD 400 to USD 440 from, respectively, USD 290 to USD 330 and 390 to 430.

During the course of April, the nickel market has remained weak and its price registered a new low for this cycle of USD 12 250 per tonne. Supply remains abundant, as evidenced by still record LME stock levels, while demand remains subdued against a backdrop of limited restocking and consumers operating on a hand to mouth basis.

Delegates at the 40th Stainless Steel Seminar organised by Heinz H. Pariser Alloy Metals & Steel Market Research of Germany were informed that global production growth over the next two years is likely to be lower than the 8%-plus levels recorded of late.

Following stainless steel production of 41.973 million tonnes in 2014 and a projected increase of only 3.9% to 43.598 million tonnes this year, the total for 2016 is being estimated at 45.597 million tonnes, or an increase of 4.6%.

Global stainless steel scrap availability amounted to 9.588 million tonnes in 2014 and is expected to climb 5.5% to 10.12 million tonnes this year, according to Pariser.

Source : Recycling International

voda 5 mei 2015 13:11

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London nickel hits its highest level in five week

Reuters reported that London nickel edged to its highest level in five weeks as prospects of tighter supply and a technical rally drove a recovery from last month's six year lows.

Mr Daniel Morgan analyst at UBS in Sydney said that "The whole case for nickel tightness from the Indonesian ore export ban and run down of stockpiles hasn't played out very well but it’s a great price to be buying nickel through a cycle. You’ve got a lot of guys losing money at these levels."

Three month nickel on the London Metal Exchange climbed 1% to USD 13,900 a tonne, having touched USD 13,990 per tonne, its loftiest since March 26. It has recovered almost 14% from a 6 year low of USD 12,205 hit in mid April.

The most traded Shanghai Futures Exchange contract also climbed by nearly 1% fuelled by short covering ahead of the newly minted contract's first delivery date.

Source : Reuters

voda 6 mei 2015 17:51

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Outokumpu - Kopen

Outokumpu: nadat de groep vorige week al met voorlopige cijfers kwam, werden gisteren de definitieve cijfers bekend. Tegenvallend is dat management verwacht dat er in het lopende kwartaal minder gepresteerd zal worden dan over de eerste drie maanden van 2015. Dit laatste heeft te maken met tegenvallende cijfers en marktomstandigheden in Amerika. Beursgenoten blijft van mening dat de industrie op termijn fors zal profiteren van de recent ingevoerde importheffingen. De groep heeft relatief meer volumes in Europa dan haar concurrenten en zou daardoor meer moeten kunnen profiteren: Kopen

Bron : Beursgenoten

Vertraagd	31 mei 2024 17:35
Koers	26,340
Verschil	-0,160 (-0,60%)
Hoog	26,580
Laag	26,280
Volume	237.233
Volume gemiddeld	200.596
Volume gisteren	186.001

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