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Juni 2017 Arcelor Mittal

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KijKhumGaaN....
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Was gemeld?

ArcelorMittal, India's SAIL agree on proposal to advance $913M venture
May. 31, 2017 3:45 PM • SA Editor Carl Surran
ArcelorMittal (MT -2.3%) and Steel Authority of India agree to a proposal to export 20% of auto-grade steel they aim to make under a planned automotive joint venture, Reuters reports.
MT also agrees to waive a fee for the venture to use its brand and its research and technology, that any losses caused by delays in setting up the partnership would be borne by the venture, and that the $913M cost to establish the venture could rise, according to the report.
Indian government think-tank NITI Aayog is mediating talks on commercial terms for the delayed venture that will give MT a foothold in the world's fastest growing steel market.
Toekomstbeeld
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KijKhumGaaN.... schreef op 1 juni 2017 15:20:

Was gemeld?

ArcelorMittal, India's SAIL agree on proposal to advance $913M venture
May. 31, 2017 3:45 PM • SA Editor Carl Surran
ArcelorMittal (MT -2.3%) and Steel Authority of India agree to a proposal to export 20% of auto-grade steel they aim to make under a planned automotive joint venture, Reuters reports.
MT also agrees to waive a fee for the venture to use its brand and its research and technology, that any losses caused by delays in setting up the partnership would be borne by the venture, and that the $913M cost to establish the venture could rise, according to the report.
Indian government think-tank NITI Aayog is mediating talks on commercial terms for the delayed venture that will give MT a foothold in the world's fastest growing steel market.
Ja, gisteren. Maar voor dit soort berichten is het beter een keer teveel dan te weinig. Samen met ILVA is dit belangrijkste strategische investering voor AM.
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Hup, en daar gaan we weer!

Om 16:00 uur nog de ISM cijfers uit de USA. En om 17:00 uur de olie/benzine voorraden.
pbr
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FrankING schreef op 1 juni 2017 12:37:

19,40 nu
Gewoon sluiten op of boven de steun 19,245 en de uptrend is nog steeds intact :-)
Laten we er dan zijwaarts van maken om in jouw termen te blijven spreken

Toppen steeds lager is geen uptrend volgens TA
Toekomstbeeld
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Dat is alvast 1-0 , de Mei PMI voor de USA is beter dan verwacht en gestegen tov de vorige maand.

Verenigde Staten - Productie Inkoopmanagersindex (PMI)
01.06.2017
Actueel 52,7
Verwacht 52,5
Vorige 52,5
Kogovus
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Toekomstbeeld schreef op 1 juni 2017 15:48:

Dat is alvast 1-0 , de Mei PMI voor de USA is beter dan verwacht en gestegen tov de vorige maand.

Verenigde Staten - Productie Inkoopmanagersindex (PMI)
01.06.2017
Actueel 52,7
Verwacht 52,5
Vorige 52,5
TKB, welke trigger is debet aan de klein up?
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Kogovus schreef op 1 juni 2017 15:52:

[...]

TKB, welke trigger is debet aan de klein up?
Toch de PMI denk ik in combi met US Steel en Nucor up.

Over een paar minuten de nog belangrijkere ISM.
Lech1
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quote:

Toekomstbeeld schreef op 1 juni 2017 15:58:

[...]

Toch de PMI denk ik in combi met US Steel en Nucor up.

Over een paar minuten de nog belangrijkere ISM.
krijg hem net binnen

US - ISM productie inkoopmanagersindex (PMI) 54.9 vs - 54.5 voorspelling
54.9 hits in MAY construction spending falls 1.4% in April

bron CNBC
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Oei, oei , mixed beeld in de USA. ISM ook omhoog net als de PMI.

Verenigde Staten - ISM Productie Inkoopmanagersindex (PMI)
01.06.2017
Actueel 54,9
Verwacht 54,5
Vorige 54,8

Maar de prijzen stevig minder.

Verenigde Staten - ISM Productieprijzen
01.06.2017
Actueel 60,5
Verwacht 66,4
Vorige 68,5

De werkgelegenheid in de productiesector groeiend en beter dan verwacht.

Verenigde Staten - ISM Productie Werkgelegenheid
01.06.2017
Actueel 53,5
Verwacht 52,8
Vorige 52,0

En de nieuwe orders voor de productie in de USA stevig stijgend (geen verwachting blijkbaar)

Verenigde Staten - ISM Index voor Nieuwe Orders in Productiesector
01.06.2017
Actueel 59,5
Vorige 57,5
pbr
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quote:

Toekomstbeeld schreef op 1 juni 2017 15:58:

[...]

Toch de PMI denk ik in combi met US Steel en Nucor up.

Over een paar minuten de nog belangrijkere ISM.
Kennelijk niet zo fantastisch

10 cent eraf in een minuut
Toekomstbeeld
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En de meest vervelende voor AM.... de bouwuitgaven in de min.

Verenigde Staten - Bouwuitgaven (MoM)
01.06.2017
Actueel -1,4%
Verwacht 0,5%
Vorige 1,1%
[verwijderd]
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NewKidInTown schreef op 1 juni 2017 15:15:

Omgerekend 6,50 hiephoi, wie had dat gedacht ?
6,50 euro slechts voor jouw favoriete aandeel AM..
Mijn favoriete aandeel TT moet je maar liefst 9,15 euro voor neertellen..
Toekomstbeeld
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quote:

Lech1 schreef op 1 juni 2017 16:03:

[...] krijg hem net binnen

US - ISM productie inkoopmanagersindex (PMI) 54.9 vs - 54.5 voorspelling
54.9 hits in MAY construction spending falls 1.4% in April

bron CNBC
Vanavond trouwens ook nog belangrijke info voor AM. De USA vrachtwagen en autoverkopen. respectievelijk 21:30 en 22:00 uur.

Was de vorige maand niet zo heel goed voor de koers als ik me goed herinner.
pbr
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quote:

Toekomstbeeld schreef op 1 juni 2017 16:25:

[...]

Vanavond trouwens ook nog belangrijke info voor AM. De USA vrachtwagen en autoverkopen. respectievelijk 21:30 en 22:00 uur.

Was de vorige maand niet zo heel goed voor de koers als ik me goed herinner.
Wat wel

Positief geen stijging
Negatief wel daling

Fut is alweer eruit
Vraag is of we groen vasthouden tot sluit
Frankie
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Mark Mobius, executive chairman Templeton Emerging Markets Group. Image: BloombergQuint
With Chinese and US traders on a break, the iron ore market took a breather on Monday after wild price swings saw the steelmaking raw material fall to a more than seven-month low on Friday.

The Northern China import price of 62% Fe content ore is down 15% for in May trading at $57.80 per dry metric tonne, the lowest since mid-October according to data supplied by The Steel Index.

“There may be a slowdown in demand from the housing sector but the infrastructure sector will still be sustained”
Benchmark prices are down a whopping 37% from their February highs when ore came to within shouting distance of triple digits.

Bloomberg quotes closely followed emerging markets investor Mark Mobius as saying volatile iron ore prices and the fundamentals of the industry have to be looked at separately.

Mobius, executive chairman of Templeton Emerging Markets Group, said the while fundamentals have bee stable, the price is "subject to all kinds of external factors" including how traders are betting on the price going up or down:

“I don’t see a big, big decline in the demand for iron ore going forward, I think there’ll be continuing demand not only in China but other parts of the world,” said Mobius, who’s spent over 40 years tracking emerging markets. “If you look at Chinese imports of iron ore, it’s almost a straight line, continuing to go up,” adding that in contrast the price “is going all over the place.”

“There may be a slowdown in demand from the housing sector but the infrastructure sector will still be sustained,” Mobius said. “If the One Belt, One Road program proceeds, there’ll be continuing demand.”
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En wij maar geloof hebben in de fundamentals :-) Allemaal invloeden op de IO handel. Corruptie en gespeculeer.

Former head of Chinese steel company with links to Australia jailed
Kirsty Needham

Beijing: He was once one of China's most powerful steel executives, buying iron ore in quantities that fuelled Australia's economic boom.

But Deng Qilin, 66, will serve 15 years in prison after being convicted for corruption and bribery during his 10-year reign as chairman of Wuhan Iron and Steel, one of Australia's biggest resources customers.

Mr Deng, the former general secretary of China's Iron and Steel Association, was also fined 5 million renminbi ($992,000) by the Zhongshan People's Intermediate Court for taking advantage of his position.

Chinese business magazine Caixin reported that among the allegations investigated, was that a member of Mr Deng's family had set up a trading company that won a long-term iron ore contract with an overseas miner, then on-sold it to Wuhan for a large profit.

The corruption case against Mr Deng could also signal the Chinese government is trying to reform the steel sector.

Fairfax Media understands that BHP Billiton, which signed a $US9 billion, 25-year deal with Wuhan and three other Chinese steel mills in 2004, has always dealt directly with Wuhan.

?Wuhan has an Australian office that is a major shareholder (12 per cent) in South Australian miner Centrex Metals.

Wuhan's former Australian managing director, Guo Liaowu, was "persuaded" by China's corruption watchdog to return to China in July, after Interpol issued a "red notice" for his arrest for accepting a bribe.

He had sat on Centrex's board for a year, before suddenly departing in 2010.
Centrex chief executive Ben Hammond said of Mr Deng's conviction: "It's not exactly an isolated thing in China".

Mr Hammond said he had dealt with the next level of management down from Mr Deng.

"We weren't aware of anything and it wasn't to do with Centrex."

Mining industry veteran Philip Kirchlechner, who ran Rio Tinto's Shanghai office before Stern Hu, said corruption based on "family-and-friend circles" was "quite common in China", where government officials had so much power.

It is a complex system of mutual obligation. Corruption is not straightforward.

Mining industry veteran Philip Kirchlechner
"It is a complex system of mutual obligation. Corruption is not straightforward."

He warned Australian companies not to be complacent in their business dealings in China, and said it appeared many Australian companies had forgotten the Stern Hu case – he was sentenced to 10 years for bribery and stealing commercial secrets, amid a bitter price war between China's steel mills and overseas iron ore miners.

"Australian companies are probably not aware enough of the reality in China.."

A director of Iron Ore Research, Mr Kirchlechner said he had met Mr Deng, and it was hard to know what is really happening in Chinese corruption cases. "It could be he stepped on someone's toes," he said.

The corruption case against Mr Deng could also signal the Chinese government was trying to reform the steel sector and clean it up, in the way it had reformed the coal industry, he said.

Wuhan, with more than 100,000 employees, was one of the oldest state-owned companies. The Chinese government wants to merge it with Baosteel, a more efficient steelmaker. The merger was announced a month after Mr Deng resigned as chairman in 2015.

Iron ore exports worth $38.7 billion dominate Australia's trade with China, accounting for more than half of all exports to China last year.

www.theage.com.au/business/mining-and...
[verwijderd]
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quote:

Theo3 schreef op 1 juni 2017 16:47:

PBR fijn in de diepvries kast kruipen is dat gevoel zo over
Moet hij wel ook zijn alias veranderen..brr
pbr
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quote:

Toekomstbeeld schreef op 1 juni 2017 16:50:

[...]

Moet hij wel ook zijn alias veranderen..brr
Wel beste plek voor nu met die hitte

Nu AM nog wat heter opstoken
Omhoog welteverstaan

Hoe denken jullie over Aegon
Moet toch ook eens flinke rebound komen
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