Beursonline.nl

voda 20 november 2012 16:54

0

Iran to open 300000 tonne iron ore concentrates plant

Tehran Times the country’s iron ore concentrate production rose by 8.4% in the H1 of the current Iranian calendar year, which began on March 20th, compared to the same period last year.

On September 3rd, a large iron ore concentrate production unit was inaugurated in Iran’s southeastern Kerman province. The plant has the capacity to produce two million tons of iron ore concentrate per annum.

Mr Mehdi Ghazanfari minister of Mine and Trade Iranian Industry said that Iran holds 2% of the world’s total mineral reserves. The mineral reserves include 12 metal and 36 non metal ores.

Mr Ghazanfari said that some 5,000 mines are being exploited in the country, adding that around 340 million tons of minerals were extracted in the past year, which ended on March 19th.

Meanwhile, Mr Behrouz Borna deputy head of Iran's Geology and Mineral Exploration Organization said that the country ranks first in the Middle East for possessing the region's largest mineral reserves.

Source - Tehran Times

voda 20 november 2012 16:56

0

China iron ore supply in excess of 80+ million tonne in first 10 months

SteelHome reported that iron ore supply in the first 10 months, both imports and domestic output was in excess of 80+ million tonnes on iron production within the same period.
According to China Customers, China imported 607.12 million tonnes of iron ore in the first 10 months, up 8.9% from the corresponding period of last year.

According to National Bureau of Statistics, China produced 1091.145 million tonnes of iron ore in the first 10 months of the year, up 16.2% on annual basis.

Crude steel output in the first 10 months was 602.225 million tonnes, up only 2.1% from the corresponding period of last year.

Source - www.steelhome.cn
China steel information centre and industry database

voda 21 november 2012 16:55

0

Chinese daily crude steel output in early Nov remains high

According to China Iron and Steel Association, the daily crude steel production of its members in early November 2012 came to 1.6377 million tonnes, up by 7.78% from that in late October 2012.

Meanwhile, the figure nationwide is estimated to hit 1.9567 million tonnes in early November 2012, increasing by 1.61% as compared to the last ten days of November 2012.

Source - www.steelhome.cn/en
China steel information centre and industry database

voda 21 november 2012 16:56

0

The ministries red flag setting up ultra mega steel plants

Indian Express quoted the ministries of coal, mines and rural development have opposed setting up of Ultra Mega Steel Plants in the country, saying that land and raw materials were scarce resources and cannot be dedicated exclusively for such units.

In a proposal, the steel ministry said that setting up of UMSPs were imperative to bridge the widening demand supply gap of the metal, which is leading to rise in its imports. It had proposed for setting up of a Steel Finance Corporation as a special purpose vehicle on the lines of Power Finance Corporation to help set up mega steel plants on a fast track basis in the next few years.

According to the proposal, the SFC would have an initial corpus of INR 1,500 crore and it would be conferred the status of a non banking finance corporation. Each state would have a SPV for an UMSP and would part-finance setting up of such a plant.

According to the ministry’s proposal, each UMSP will come with a yearly capacity of at least 10 million tonne in Orissa, Jharkhand, Maharashtra and Chhattisgarh.

However, commenting of the proposal, the land resources department of the rural development ministry contended that since land is a limited source, its optimum utilization is of paramount importance.

The ministry said that “The suggestion of minimum capacity for a steel plant is good as it would lead to lesser requirement of land in comparison to various plants of smaller capacity.”

The coal ministry too discouraged setting up of UMSPs with one of its top officials writing to the steel ministry that given the paucity in the overall availability of coal, it would not be possible to consider grant of special status to these plants for priority allocation of linkages as has been demanded by the steel ministry.

The mines ministry, while shooting down the steel ministry’s demand for granting captive iron ore mines for UMSPs, said that assured supply of iron ore can happen through a separate linkage policy. Instead it has made out a strong case for setting up Ultra Mega Mining Projects.

Source - Indian Express

voda 21 november 2012 16:59

0

ArcelorMittal SA appoints Mr Matthias Wellhausen as new CFO

ArcelorMittal South Africa's board of directors announced that it has appointed Mr Matthias Wellhausen as CFO, freeing Mr Rudolph Torlage to focus on projects of a strategic nature. This was to strengthen the company's capabilities and would be with effect from January 2nd 2013.

It states that "In compliance with the Listings Requirements of the JSE Limited, Mr Wellhausen will be appointed to the board as an executive director to perform the role of CFO. Mr Torlage will retire as executive director on the same date."

Mr Torlage will continue to report to the CEO as GM Strategic Projects. In this role, he will continue to drive the arbitration process to resolve the impasse over the Sishen iron ore supply contract together with a number of other key projects for the group.

In October 2012, Sishen Iron Ore, a unit of Kumba Iron Ore, declared force majeure on its deliveries in South Africa following illegal strike action.

Mr Wellhausen is currently the VP of Finance and Controlling and CFO of ArcelorMittal Group for the segment of Asia, Africa and CIS. Previously he worked for IBM moving through various financial management positions to Director of Treasury Operations Northern Europe. In 1996, he joined the steel industry and held the CFO position at Eko Stahl for seven years during its transformation. After the creation of Arcelor, he led the integration office until 2006.

ArcelorMittal officials said that "His considerable experience in developing teams, integrating units and successfully driving and achieving targeted results, will be highly beneficial to the Company during the next three years."

Source - www.moneyweb.co.za

voda 21 november 2012 17:01

0

ArcelorMittal supplies Volkswagen with innovative steels

ArcelorMittal's high strength steels are playing a key role in reducing the weight of automotive giant Volkswagen's new generation of lighter vehicles.

Several components of the new Volkswagen models are manufactured using the highly advanced Usibor® 1500P product. ArcelorMittal developed this patented steel grade and is now one of the leading suppliers of these products.

The company is not just supplying the steel for a new generation of vehicles, it is also playing an important part in the research work behind these innovations.

Mr Greg Ludkovsky, head of global research and development at ArcelorMittal, said that "Despite their lower gauges, high strength steels offer the same or better performance for cars than conventional steels in terms of mechanical behavior. High strength and ultra high strength steels contribute to significant weight saving of the vehicles without sacrificing safety requirements. Most of these steels also contribute to increased crash performance, and they often offer relevant weight saving solutions at neutral costs."

ArcelorMittal works with car manufacturers such as Volkswagen to optimize the material used in the production process. Volkswagen's new models are lighter thanks to the use of ultra high strength steels in the body shell, the main body of a vehicle.

The company has also co developed many solutions with the automotive industry which are aimed at only using materials with greater thicknesses where it is absolutely necessary. Solutions using hot stamped, laser welded blanks are particularly efficient in this respect.

The weight reduction in new Volkswagen models is also achieved by using steel which simultaneously makes the cars safer and more fuel-efficient.

Mr Greg Ludkovsky explains that "Nowadays, lightweight high strength steels are the most cost effective materials. We are still improving and pushing their limits in terms of mechanical properties. And we are developing new breakthrough generations of steels which will offer a huge additional potential for weight saving."

Mr Cees ten Broek director of the WorldAutoSteel association added that "Volkswagen's use of advanced steel technologies is a great example of how this transformational material can help automotive companies to create the lightweight vehicle of the future".

Reducing a car's weight to cut fuel consumption and CO2 emissions is a key objective behind the research. However, this cannot be done at any price. Apart from premium vehicles niche, for which steel frequently remains the preferred material, the market demands vehicles at reasonable prices. And steel is the most competitively priced material, offering the best balance in terms of construction and costs, weight saving and environmental footprint.

The production of aluminium and its recycling phases generates significantly higher CO2 emissions compared to the production and recycling of steel. As the processes of the life cycle assessment demonstrate, steel is a sustainable material because it can be recycled indefinitely without losing its inherent properties and considerably lower CO2 emissions are involved in the process. At the end of a vehicle's useful life, the steel it contains can be recycled completely without any detriment to its mechanical properties. Emissions can be reduced even further by using recycled steel in the production of new steels.

According to WorldAutoSteel, the production of a kilo of aluminium, for example, generates 4.5 to 6.3 times as much greenhouse gas as the production of the same quantity of steel. In the case of carbon fiber reinforced plastic, emissions are 8.4 to 11.5 times higher, and in the case of magnesium as much as 7.2 to 22.5 times higher. Furthermore, the type of emission also plays a role. The only greenhouse gas emitted during the production of steel is carbon dioxide. During the production of aluminium, however, perfluoro hydrocarbons are released into the atmosphere while the production of magnesium generates sulphur hexafluoride emissions. A complete life cycle assessment study which takes these ecological costs into account, forms a responsible approach towards measuring a vehicle's environmental compatibility over its entire lifetime.

Ultimately, whether a supplier can achieve its customers' objectives is also a key factor.

Mr Philippe Aubron chief marketing officer at ArcelorMittal Automotive Europe explains that "Volkswagen has been a major actor for a very long time when it comes to the important technology of hot stamping steel components in cars."

It is therefore vital for the steel producer that it can call on specialized teams and in house resident engineers on site. This not only facilitates daily cooperation in respect of current products, it also facilitates preparation for the future.

Mr Aubron concludes that "All the advantages achieved result not only from the high strength properties of our steels, but also from our ability to propose tailor made steel solutions. This is how we are transforming the car of tomorrow, today."

Source - www.arcelormittal.com

voda 21 november 2012 17:03

0

ArcelorMittal warns unions of no improvement in 2013

ArcelorMittal has told labor unions there is little hope for improvement in results in 2013, citing the likelihood European demand for steel will fall further.
The comments were made during a works council meeting in Paris which offered little hope for unions looking for a pickup in production in 2013.

Mr Aditya Mittal CFO of ArcelorMittal said when it reported quarterly earnings last month that the company expected the third and fourth quarters of this year to mark the low point in the cycle.

A spokesman declined to comment on the reports from the works council meeting, but said the steelmaker's outlook had not changed.

After permanently shutting down its two blast furnaces in Florange in the Moselle region close to Belgium and Germany earlier this year, the steelmaker said that it would keep one of its two furnaces based in Dunkirk shuttered into next year as well.

Source - Reuters

voda 21 november 2012 17:06

0

US weekly raw steel production continues on downward trend

American Iron & Steel Industries reported that, in the week ending November 17th 2012, US domestic raw steel production was 1.792 million tons while the capability utilization rate was 72.5%. Production was 1.809 million tons in the week ending November 17th 2011, while the capability utilization then was 73%.

The current week production represents a 0.9% YoY decrease from the same period in the previous year. Production for the week ending November 17th 2012 is up by 2.6% WoW from the previous week ending November 10th 2012 when production was 1.746 million tons and the rate of capability utilization was 70.7%.

Adjusted YTD production through November 17th 2012 was 86,349,000 tons, at a capability utilization rate of 76%. That is a 3.3% YoY increase from the 83,628,000 tons during the same period last year, when the capability utilization rate was 74.4%.

Broken down by districts, here's production for the week ending November 17th 2012:

1. North East: 201
2. Great Lakes: 633
3. Midwest: 259
4. Southern: 611
5. Western: 88

(In thousands of net tons)

AISI's estimate is based on reports from companies representing about 75% of the US's raw steel capability and includes revisions for previous months.

Source - American Iron and Steel Institute

voda 21 november 2012 17:07

0

Mittal Steel settles Mr Molnar's federal lawsuit for USD 500000

Mittal Steel has agreed to pay USD 500,000 to settle a federal lawsuit filed by a Chesterton man who was injured on the job.

Mr Christopher Molnar sued the company in 2007, claiming Mittal officials knew or should have known about the dangerous condition of the metal floor on the sixth level of the Preheat Building in East Chicago. Mr Molnar fell 24 feet after the metal flooring gave way on July 6th 2005. He was working as a team leader to check and assist workers with banding asbestos pipe insulation at the time.

Mr Molnar said he was both temporarily and permanently injured in the accident.

Attorneys representing Mittal Steel and Trustee Ms Rebecca Fischer, who took over as plaintiff when Mr Molnar filed for bankruptcy, could not be reached for comment.

Ms Fischer said she cannot comment on a pending case, but a motion she filed in Mr Molnar's bankruptcy case said his creditors will be paid in full by the settlement.

Source - www.nwitimes.com

voda 21 november 2012 17:09

0

Iran to open 300000 tonne iron ore concentrates plant - IMIDRO

According to the Iranian Mines and Mining Industries Development and Renovation Organization, Iran’s iron ore concentrate production capacity will be increased by 300,000 tonnes once a production unit comes on stream in the central Yazd province by December 21st 2012.

The country’s iron ore concentrate production rose by 8.4% in the first half of the current Iranian calendar year which began on March 20 compared to the same period last year.

On September 3, a large iron ore concentrate production unit was inaugurated in Iran’s southeastern Kerman province. The plant has the capacity to produce 2 million tons of iron ore concentrate per annum.

Mr Mehdi Ghazanfari Industry, Mine and Trade Minister of Iran has said that Iran holds two percent of the world’s total mineral reserves. The mineral reserves include 12 metal and 36 nonmetal ores. Some 5,000 mines are being exploited in the country. Around 340 million tonnes of minerals were extracted in the past year which ended on March 19.

Mr Behrouz Borna deputy head of Iran's Geology and Mineral Exploration Organization has said that the country ranks first in the Middle East for possessing the region's largest mineral reserves.

Source - MNA

voda 21 november 2012 17:12

0

China gives fiscal support to improve domestic iron ore production

To support medium sized state run metallurgical mines to raise or stabilize Chinese iron ore production, to lift fe content and beneficiation recovery, to improve mine environment etc, China's central financial system will give special fund through budget to activities above.

Ministry of Finance in an announcement on its official website on November 19th said that declared a new version evolved from the previous policy about financial support to independent metallurgical mines.

Fund can also be used in processing tailings etc. This specifies fund usage from previous vaguely defined expansion, maintenance, technology in mining and beneficiation etc.

Qualified candidates include medium sized state run businesses that need to be independent legal entities and participants primarily engaged in iron ore mining and beneficiating. The State needs to take full stake or majority of those businesses.

Currently, businesses that are relatively held and share held by the state or invested by central government owned companies are excluded.

New policy said that the new policy also clarifies fund usage. For mine construction, fund should be no more than 20% of investment in the year, for new technology in mining and beneficing and environment improvement, fund should be no more than 30% of expenditure in the year.

Ministry of Finance added that it can 'further improve capital support in the development of state run metallurgical mines and to improve efficiency of financial capital.

Source - www.steelhome.cn
China steel information centre and industry database

voda 21 november 2012 17:16

1

Iron ore prices continue to slide amid huge volumes on offer

Reuters reported that iron ore swaps dropped on Tuesday after spot prices hit two week lows with demand from China losing steam after weeks of restocking, prompting miners to unload more cargoes onto the spot market before prices fall further.

The December swap contract cleared by the Singapore Exchange edged down to USD 115.50 per tonne in early deals after falling more than a dollar to USD 115.72 on Monday

Top miners Vale, Rio Tinto and BHP Billiton are together offering around 600,000 tonnes of iron ore at spot tenders, far more than usual volumes.

Vale is offering 155,000 tonnes of 60.74%grade iron ore and another 90,000 tonnes of 63.63%grade material

BHP Billiton is selling 100,000 tonnes of 63%Newman iron ore fines and 110,000 tonnes of 58%Yandi fines

Rio Tinto's tender for 165,000 tonnes of 61%Pilbara fines

A physical iron ore trader in Singapore said “Chinese steel mills had stocked up on iron ore over the past four weeks on hopes of positive policy signals from China's 18th party congress. The meeting, however, ended last week without any indications of economic stimulus. And all this time, steel consumption has remained fundamentally weak, so now that mills are well stocked with iron ore, there's no incentive to procure more spot cargoes. I believe sentiment will start to weaken from this point onwards.”

Source - Reuters

voda 22 november 2012 16:37

0

US Steel likely to leave Slovakia - PM

The Slovak prime minister said after meeting the head of the company's local operations that US Steel Corporation looks determined to quit Slovakia whoever ends up bidding for its business there.

Pittsburgh based US Steel said last week that it had received expressions of interest from investors eyeing its subsidiary in the eastern Slovak town of Kosice.

It did not name the potential suitors or say what it would do if a sale was not secured.

Slovak Prime Minister Mr Robert Fico, whose government fears heavy job losses in the town if the US company were to leave, said talks were still under way on a possible sale. He added that "I rather think they will sell and leave, based on the talks with US Steel."

Mr Rintoul left the meeting without commenting on the talks.

US Steel Kosice is the small euro zone nation's largest private employer with 11,000 staff and is an important supplier to the booming Slovak car industry, a key export sector.

The unemployment rate in the Kosice region was 21.3% in October 2012, far above the national average of 13.69%.

Mr Jan Baca, a spokesman for US Steel, declined to comment on the government's offer.

US Steel is paring back operations in Europe, where slowing demand is weighing on prices and shipments. In January 2012, it sold its Serbian mill for USD 1, triggering a USD 450 million charge in the first quarter.

US Steel bought its Slovak operations in 2000 for USD 475 million. The have an annual production capacity of 5 million tons and include two coke batteries, three blast furnaces and other units that produce sheets, tin mill products and pipes.

Source - Reuters/Bloomberg

voda 22 november 2012 16:48

0

Downsizing deals - Ilva temporarily laid off 500 workers

As of November 19th 2012, Taranto based Italian steel producer Ilva has temporarily laid off 500 workers, as announced by the company. The layoff of these workers is expected to last 13 weeks.

The employees affected by the decision are those working in Ilva's plate mill No 2 and in its longitudinal welding mill No 2. Ilva had previously announced that it planned the temporary layoff of a total of about 2,000 workers for 13 weeks.

At present, no timeline has been issued for the layoff of the other 1,500 workers.

Source - Visit www.steelorbis.com for more

voda 22 november 2012 16:52

0

Global steel tube industry poised for solid growth - Experts

After months of negative growth, the steel tube industry in the GCC is suddenly witnessing a huge demand thanks to the ongoing infrastructure projects across the region.

Industry experts said that the global demand for steel pipes and tubes is poised to reach 151 million tonnes by 2017. This is mainly driven by increased activity in the oil and gas and construction sectors and the rise in infrastructure development projects.

As the region scales up its utility projects as well as railway networks and construction and infrastructure projects, the industry experts predict that the steel tube industry will see a return to the times witnessed in 2008.

The UAE, as a huge contributor of the overall construction project value in the region has the largest number of active projects in the Middle East. The resulting high demand for steel tubes has strengthened the position of the UAE and GCC, as a production base for tubes, pipes and welding solutions and machinery.

A study by Al Fajer Information & Services said that the steel tube industry will witness an annual growth of 17% in the UAE until 2015, Messe Essen and Messe Dusseldorf, the organizers of Arabia Essen Welding & Cutting, Tekno Arabia and Tube Arabia, the three-in-one industry exhibits to be held from at the Dubai International Exhibition and Convention Centre from January 7th to 10th 2013.

A record number of over 300 exhibitors from 25 countries are expected to take part in the 4 day event. The Arabia Essen Welding & Cutting, Tekno Arabia and Tube Arabia are the by far the largest industry events of the sector being held in the region. The three exhibitions are regarded a key gateway to the extremely important Gulf and Middle East markets by exhibitors from Europe, North America and Asia.

The AFIS study pointed out that the Gulf countries were increasing their current oil field production capacities and launching new explorations, which are boosting the pipes and tubes industry in the region. Equally important, the Gulf is emerging as a leading metals hub and investments in the Gulf's pipes, tubes and steel industries.

The steel tube production saw a global decline since 2008. All buying sectors registered sharp declines. In this context, not only the exploration activities of the oil and gas industry declined as a result of the falling energy consumption along with tumbling oil and gas prices.

The study pointed out that key customer sectors such as mechanical engineering and the automobile industry were also very reluctant to place orders with the exception of the power sector which due to long lead times was able to continue the extension of capacities.

Mr Satish Khanna GM of AFIS said that "The UAE is a very significant market for the construction industry worldwide. The Tekno and Tube shows have already established their mark on the world for more many years as international events for industrial machinery, metal working, machine tools, tubes and pipes."

He said that "The shows are key drivers for highlighting the strength of the industry in this region. The Arabia Essen Welding & Cutting 2013 is the first of its kind industry expo which will be dedicated specifically to welding machinery and technology."

Source - Trade Arabia.com

s.lin 22 november 2012 18:17

0

Vakbonden blokkeren productie ArcelorMittal Luik
22 nov 2012
De vakbonden bij ArcelorMittal in Luik zullen geen goederen meer uit hun Luikse fabrieken laten vertrekken. Dat is overeengekomen in intersyndicaal front. De sociale onderhandelingen bij ArcelorMittal over de sluiting van de warme lijn en investeringen in de koude lijn slepen al maanden aan. Een nieuwe ontmoeting met de directie in Luxemburg heeft evenmin tot een doorbraak kunnen leiden. De vakbonden stellen dat de directie blijft vasthouden aan het voorstel dat ook tijdens de verzoeningsprocedure al werd verworpen. De vakbonden zeggen bijzonder teleurgesteld te zijn en merken op dat de directie zelfs een ultimatum hebben gesteld waarbij met ontslagen worden gedreigd indien het voorstel niet zou worden aanvaard. Dat is volgens de vakbonden een regelrechte oorlogsverklaring en het ultimatum werd naar eigen zeggen dan ook afgewezen. De vakbonden beraden zich ook over hardere acties. (MH)
www.express.be/sectors/nl/industry/va...

voda 23 november 2012 16:03

0

ArcelorMittal weigert rest staalfabriek Florange te verkopen

PARIJS(Dow Jones)--Spanningen tussen ArcelorMittal (MT.AE) en de Franse regering zijn vrijdag opgelopen, nu het staalbedrijf het verzoek van de overheid om de rest van de Florange fabriek te verkopen, heeft afgewezen.

ArcelorMittal benadrukt enkel te hebben ingestemd met de verkoop van het deel van de fabriek dat is stilgelegd.

"De verkoop van downstreamactiviteiten in florange zou de rest van de activiteiten van ArcelorMittal in Frankrijk in gevaar brengen, waar de groep 20.000 mensen in dienst heeft", meldde het bedrijf in een verklaring.

Door Inti Landauro; Dow Jones Nieuwsdienst: +31-20-5715200; levien.defeijter@dowjones.com

voda 23 november 2012 16:25

0

Tata Steel schrapt honderden Britse banen
Gepubliceerd op 23 nov 2012 om 12:01 | Views: 364

LONDEN (AFN) - Staalproducent Tata Steel schrapt 900 banen in het Verenigd Koninkrijk. Dat heeft het bedrijf, dat ook eigenaar is van het voormalige Hoogovens in IJmuiden, vrijdag bekendgemaakt.

De productievestiging in Port Talbot in het zuiden van Wales wordt het hardst getroffen door de reorganisatie. Daar komen 580 banen te vervallen, vooral in ondersteunende functies.

Tata Steel denkt na de ingreep beter in staat te zijn de slechte economische omstandigheden en lagere vraag het hoofd te bieden. Topman Karl Köhler van de Europese activiteiten van Tata Steel, noemde het banenverlies ,,betreurenswaardig''.

Beperken

Het bedrijf zal er volgens Köhler alles aan doen om de gevolgen van het banenverlies te beperken. Zo gaat een bedrag van 650.000 pond naar initiatieven om de werkgelegenheid in de getroffen regio's te stimuleren.

,,Dit nieuws zal tot grote zorgen leiden bij onze leden en hun families'', zei vakbondsleider Michael Leahy. Hij noemde het forse banenverlies bij Tata Steel ,,symptomatisch voor het voortdurende falen van het economische beleid van de regering''.

Buiten schot

Leahy riep de regering de industrie een steuntje in de rug te geven, bijvoorbeeld met investeringen in infrastructuur. Hij wees erop dat de vraag naar staal in heel Europa al 4 jaar daalt, maar nergens zo sterk als in Groot-Brittannië.

De vestiging van Tata Steel in IJmuiden blijft in deze reorganisatie buiten schot. Daar is echter sinds vorig jaar al een ontslagronde aan de gang waarbij uiteindelijk 1000 banen verdwijnen. Ook bij enkele andere Nederlandse vestigingen kwamen de afgelopen maanden in totaal circa 200 banen te vervallen.

voda 23 november 2012 16:47

0

ILVA may soon have to close Taranto site - Report

ANSA reported that embattled Italian steel maker ILVA said that unless authorities release from confiscation the company's plant in this southern Italian city, the site will close.
Ilva officials said in a statement that "The obviously unsustainable economical financial mode of operations will inevitably lead to the definitive closure of productive activities and to the closure of the plant."

The plant has been closed since July 2012 following a Taranto court's order to impound the smelting areas in order to safeguard people and the environment.

Local authorities ordered the close while legal proceedings continue against the company and its managers for generating toxic emissions that caused disease and death.

On November 20th 2012, lawyers for the company filed a plea with Taranto prosecutors asking the court to lift the partial shut down orders.

ILVA's request follows the Italian environment minister's approval of the company's new remediation plan, a detailed set of conditions and measures under which ILVA would be permitted to operate, called the AIA.

ILVA's lawyers argue the company needs control of the impounded areas in order to execute the approved AIA remediation plan.

Sources told ANSA that their request says it is impossible to perform the necessary work on the smelting areas without access to them, and that banks will not finance a company with impounded assets.

Source - ANSA

voda 23 november 2012 16:48

0

www.arcelormittal.com wins IR Society award

www.arcelormittal.com has won a corporate website award from the Investor Relations Society. ArcelorMittal's website won the best corporate website international category, beating companies including the world’s largest chemical company BASF.

The winners of the UK based society's Best Practice Awards were announced in London.

The key judging criteria included company details, financial information, news, shareholder information and corporate governance.

According to the IR Society, which has more than 600 members worldwide including most of the FTSE 100, www.arcelormittal.com offers a truly engaging user experience, with clear messaging, easy access to key information and a very transparent structure.

The annual awards recognize best practice in investor relations in both online and offline communications.

Arcelormittal.com was re launched in February 2012 and has since won several awards. In August 2012, the website won a gold award at the Stevie 2012 International Business Awards.

Source - ArcelorMittal

Vertraagd	19 feb 2025 17:35
Koers	27,220
Verschil	-0,490 (-1,77%)
Hoog	27,930
Laag	26,890
Volume	3.118.225
Volume gemiddeld	2.582.844
Volume gisteren	2.424.499

11 feb	Von der Leyen verwerpt Amerikaanse im...	2
10 feb	Trump dreigt met importheffingen op s...
09 feb	ArcelorMittal en Aperam weekwinnaars
07 feb	Deutsche Bank verhoogt koersdoel Arce...
06 feb	Beursblik: ArcelorMittal overtreft ve...
06 feb	AEX opent waarschijnlijk hoger. Let o...	2
06 feb	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

Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 3)

Meedoen aan de discussie?

Direct naar Forum

Detail

ArcelorMittal nieuws meer