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ARCELOR MITTAL december 2015

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  1. forum rang 6 NewKidInTown 10 december 2015 03:19
    Morgen (donderdag) kan er zomaar weer 30 cent af, dan kopen de "angsthazen" van gisteren, van de "angsthazen" van morgen.
    Vraagje, zouden computers ook "angst" hebben ? Is "angst" in te programmeren ?

    Ik heb in ieder geval geen angst, bij mij regeert de hebzucht ;-)
  2. [verwijderd] 10 december 2015 05:48
    AM stond gisteren op de Amerikaanse beurs om 22.00 uur nog steeds 2,04% groen op een overheersende rode beurs.

    Het Glencore nieuws van vandaag wordt belangrijk. Gisteren sloot Glencore al 4,57% in het groen.
  3. Wolfie67 10 december 2015 08:08
    Ja Zaankanter, dus tov slot Nederland? En sorry IO zegt helemaal niks zelfs niet vlak voor 9u, dus aub hou daar ns mee op. Begrijp me goed hoor, hoop dat we dikke plus krijgen vandaag en MT is ook enorme opportunity, maar laten we het erop houden dat sommige niet heel veel hersencellen hebben, of weinig verstand vd beurs. Ook zo'n Ritchie-1972 , 2,04 groen , reken die koers gewoon naar Euro koers en denk aub na voordat je onzin verkoopt...en toch heb je een leeftijd waarop je enige kennis mag verwachten
  4. Gordon gekko 10 december 2015 08:20
    quote:

    Wolfie67 schreef op 10 december 2015 08:08:

    Ja Zaankanter, dus tov slot Nederland? En sorry IO zegt helemaal niks zelfs niet vlak voor 9u, dus aub hou daar ns mee op. Begrijp me goed hoor, hoop dat we dikke plus krijgen vandaag en MT is ook enorme opportunity, maar laten we het erop houden dat sommige niet heel veel hersencellen hebben, of weinig verstand vd beurs. Ook zo'n Riitchie, 2,04 groen , reken die koers gewoon naar Euro koers en denk aub na voordat je onzin verkoopt...
    Haha edje
  5. Wolfie67 10 december 2015 08:23
    quote:

    dom blondje schreef op 10 december 2015 08:20:

    [...]Haha edje
    Amigo, haha.. Of moet ik amiga zeggen met jou nickname, ??
    Trok ff al die dommigheid niet meer, have a great day
    Op naar een recovery van grondstoffen en een eindejaarsrally !!
  6. Cybertom 10 december 2015 08:24
    Vreemd dat Oxford nu begint een shortpositie in te nemen, terwijl de koers al ver onder de € 4 is. Ook dat MW uitbreidt vind ik eigenaardig. Slimme shorters die zitten er al een hele tijd in en gaan nu de winst nemen, net als Adage. Voor de duidelijkheid: ik heb een hekel aan shorters en hun tactieken, maar Adage heeft het wel gewoon goed gedaan. De slimme shorter moet nu wel zijn winst nemen!
  7. tilt 10 december 2015 08:26
    quote:

    Drs P. schreef op 10 december 2015 02:52:

    Bedankt voor de reactie tav. import duties. 21 december zal mogelijk een belangrijke datum worden voor ao. AM tav. US anti dumping, als eerste corrosion-resistant steel:

    WEST CHESTER, Ohio, Nov. 3, 2015 /PRNewswire/ -- AK Steel (NYSE: AKS) said that it applauds the U.S. Department of Commerce's preliminary determinations announced today that imports of corrosion-resistant steel ("CORE") from China, India, Italy and South Korea are benefiting from unfair government subsidies and should be subject to counter-vailing duties. As a result, the Commerce Department will instruct U.S. Customs and Border Protection ("CBP") to begin requiring U.S. importers of CORE from the following countries to deposit estimated counter-vailing duties at the time of importation as follows:

    Country
    Subsidy Rate
    China
    235.66 – 26.26 percent
    India
    7.71 – 2.85 percent
    Italy
    38.41 – 0.0 percent
    South Korea
    1.37 – 0.0 percent
    With respect to Taiwan, the Commerce Department found that counter-vailable government subsidies were not in excess of the de minimus level of one percent.

    The Commerce Department will next make preliminary anti-dumping determinations with respect to all five countries on or about December 21, 2015. Estimated anti-dumping duties resulting from those preliminary determinations by the Commerce Department are generally added to the estimated counter-vailing duties. AK Steel and the other petitioners have alleged anti-dumping duties ranging from 120.20 percent to 71.09 percent.

    AK Steel also noted that on October 30, 2015 the Commerce Department reached affirmative preliminary critical circumstances findings with respect to certain foreign producers of CORE. As a result of this critical circumstances determination, the Commerce Department can impose counter-vailing duties retroactively beginning from August 4, 2015 (90 days prior to its preliminary determination on counter-vailing duties), on certain imports of CORE from China, Italy and South Korea.

    The Commerce Department's determinations follow the June 3, 2015 filing of anti-dumping and counter-vailing duty petitions by AK Steel and other domestic CORE producers.

    "AK Steel is pleased that the Commerce Department has made a preliminary ruling that imports of corrosion-resistant steel are being unfairly subsidized," said James L. Wainscott, Chairman, President and CEO of AK Steel. "These determinations are an important step in ensuring that our foreign competitors play by the rules of fair trade. Action is urgently needed to counteract the significant injury that is being caused by unfairly traded imports."

    Mr. Wainscott added that the domestic steel industry has suffered lost sales and reduced profitability due to unfairly traded imports from these countries.

    The next step in the trade action will be the Commerce Department's verification of factual information submitted by the foreign producers and their governments. There will then be an opportunity for parties to submit case and rebuttal briefs to the Commerce Department and to participate in a hearing. Following these events, the Commerce Department will issue its final determinations.
    Rvs is Aperam
  8. [verwijderd] 10 december 2015 08:26
    quote:

    dader schreef op 10 december 2015 07:56:

    0,12 centen eraf in usa
    Onjuist.
    Gisteravond stond AM na de sluiting op 8 cent winst.
    Bij de sluiting was dit nog hoger.
  9. herve1 10 december 2015 08:30
    Ik heb er een redelijk goed gevoel bij dat AM een dergelijke grondstof crisis goed kan overleven. Het management van een familiebedrijf kan over het algemeen sneller belangrijke keuzes maken op het gebied van capaciteit en financiën. Je zag dat in het geval van 9/11 bij de luchtvaartbedrijven. Die (Ryanair, Easyjet, Virgin) hebben toen goedkoop vliegtuigen bijgekocht. Met die convertible bonds en een relatief sterke kaspositie verwacht ik dat AM in 2016 nog interessante stappen kan zetten.
  10. [verwijderd] 10 december 2015 08:43
    Glencore versnelt kostenbesparingen om schuld terug te dringen

    AMSTERDAM (Dow Jones)--Grondstoffengigant Glencore PLC gaat de nettoschuld verder terugdringen door de kosten verder terug te dringen. Het concern probeert een langdurige daling van de grondstofprijzen te doorstaan.

    De in Zwitserland gevestigde handelaar en producent van grondstoffen, varierend van koper tot steenkool en olie, zegt er nu naar te streven de nettoschuld terug te dringen tot tussen de $18 miljard en $19 miljard tegen eind 2016 in vergelijking tot de eerdere doelstelling van een schuldreductie tot boven de $20 miljard.

    De in het Verenigd Koninkrijk beursgenoteerde mijnbouwer kondigde in september voor $10 miljard aan nettoschuldreducerende maatregelen aan die gericht zijn op het met eenderde terugdringen van de nettoschuld tot circa $20 miljard van de $29,6 miljard eind juni. Dit omvatte een opschorting van het dividend, verkoop van bezittingen en kostenbesparingen.

    Het bedrijf zegt daaraan te hebben voldaan, met tot op heden $8,7 miljard te hebben bespaard, en zet nu een verdere nettoschuldreductie in met nagenoeg $3 miljard tot $13 miljard.


    Door Alex MacDonald. Vertaald en bewerkt door Ellen Proper; Dow Jones Nieuwsdienst: +31-20-5715200; ellen.proper@wsj.com


    (END) Dow Jones Newswires

    December 10, 2015 02:42 ET (07:42 GMT)

    *Binck is niet aansprakelijk voor informatie verschaft door derden
  11. Jake90 10 december 2015 08:44
    Zonder positieve nieuwsberichten koop ik nog niks bij. Of de shorters moeten zich massaal terugtrekken maar dat zie ik ook nog niet gebeuren. Wel hoop ik dat deze stijging voort zet :)
  12. [verwijderd] 10 december 2015 08:58

    By Rhiannon Hoyle
    SYDNEY--A little over a year ago, the most pressing issue for Rio Tinto PLC wasn't whether it could ride out the commodities downturn. Instead, it was whether the mining giant could survive without falling prey to a rival such as Glencore PLC.
    Rio has since been bruised by steep falls in commodity prices. But it has so far spared its shareholders much of the pain dished out by its biggest competitors such as Anglo American PLC and Glencore, which last year approached Rio about a possible takeover.
    The Anglo-Australian miner, which recorded an annual loss as recently as three years ago, now finds itself valued more highly than its chief rivals by investors on several metrics. While Rio is sticking to plans to maintain or raise its dividend this year, long time Anglo-Australian rival BHP Billiton Ltd. is under heavy pressure to cut its payout, a step both Anglo and Glencore have already taken.
    Rio's outperformance has been underpinned by a risky but calculated strategy to keep expanding the vast Australian iron-ore operations it relies on for most of its earnings, even as prices of the commodity began a long slide to their lowest level in a decade.
    By doubling down on iron ore, Chief Executive Sam Walsh is betting that Rio's economies of scale in Australia's remote Pilbara region--which accounts for three in every five tons of iron ore traded by sea--meant it could still make a healthy profit, while other companies with higher costs struggle.
    "Rio has a much stronger balance sheet than most of the other players out there and it is that balance sheet, together with some quality assets, that's holding it in good stead," said Steve Johnson, Sydney-based Chief Investment Officer at Forager Funds Management.
    Mr. Walsh's strategy has similarities with Saudi Arabia's tactics as de facto leader of the Organization of the Petroleum Exporting Countries. Rather than cut back oil supply in the face of a price slump, the Saudis have continued pumping hydrocarbons at high levels, betting that rivals like U.S. shale producers would suffer first.
    Already the slump in iron-ore prices has forced pit closures in countries as far afield as Canada and China.
    Rio's market value now dwarfs that of one-time suitor Glencore, whose shares have fallen 75% since mid-2014 versus Rio's 37% drop. Anglo American is down nearly 80% over that period and even BHP, a longtime sector darling, is down by more than 60%.
    Analysts including those at broker Macquarie say Rio appears able to generate more cash than rivals even after falls in commodity prices. Its balance sheet looks less stretched too: its net debt relative to total equity stood at 27% at the end of June, compared with 61% for Glencore.
    Rio now boasts a price-to-book value ratio of more than 1.3 times, according to data provider S&P Capital IQ--a sign investors believe it will create more value from its net assets in future. BHP, by contrast, is valued at 0.97 time book, while Glencore trades at less than half the value of its net assets.
    To be sure, Rio's revival also owes a little to luck.
    Its long-criticized reliance on iron ore has become an advantage, with the quality of its mines meaning it can remain profitable even when prices fall. Rio has mines digging up commodities from copper to coal, but its iron-ore operations have long dominated, providing over 70% of Rio's earnings in the first half of 2015.
    Peers like Anglo American and BHP were once praised for having big operations in a range of commodities, a strategy designed to insulate them from different price cycles. But they have been left flat-footed as prices have tumbled across the board.
    BHP and Brazil's Vale SA, Rio's closest rivals in iron-ore production, have been beset with problems in the wake of a major dam-burst at a mine operated by their Samarco Mineração SA joint venture in Brazil.
    By contrast, Rio has managed to put its past missteps behind it already. It had to record write-downs totaling tens of billions of dollars on its ill-fated $38 billion purchase of Canadian aluminum maker Alcan Inc. in 2007, but that process now appears complete.
    The miner has been tightening its belt on spending. On Tuesday, it reduced its budget for major projects next year to around US$5 billion from an earlier estimate of less than US$6 billion.
    Last year it pledged to materially increase returns to shareholders, and followed through with a US$2 billion share buyback this year.
    "As we approach the start of 2016, we are well positioned to continue to provide returns for our shareholders and invest in our business," Mr. Walsh said on Tuesday.
    Among the big miners, Rio "is the only company that has the potential to actually increase its full-year 2015 dividend," even as iron-ore plumbs to fresh lows, said Canaccord Genuity analyst Nick Hatch.
    Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
    (END) Dow Jones Newswires
    December 10, 2015 02:47 ET (07:47 GMT)
    © 2015 Dow Jones & Company, Inc.

    AAND ANGLO AMERICAN GB NOT
    GB00B1XZS820
    AAND ANGLO AMERICAN SP ADR
    US03485P3001
    AAND BHP BILLITON DE NOT
    AU000000BHP4
    AAND BHP BILLITON SP ADR
    US0886061086
    AAND BHP BILLITON SP ADR
    US0886061086
    AAND BHP BILLITON @ USD 0.50
    GB0000566504
    AAND GLENCORE PLC
    JE00B4T3BW64
    GLENCORE PLC ADR
    US37827X1000
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